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The Competition Commission of India (CCI) has approved the proposed acquisition of certain unit holdings in the National Highways Infra Trust by Nitro Asia Holdings II Pte. Ltd. This acquisition will take place through on-market transactions. Nitro Asia Holdings II Pte. Ltd., a Singapore-based special purpose vehicle, focuses on managing
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The Competition Commission of India has given its approval for the proposed acquisition of a significant shareholding in RBL Bank Limited by Emirates NBD Bank P.J.S.C., ranging from 51% to 74% of RBL's share capital through various means, including a mandatory open offer under SEBI
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The Competition Commission of India (CCI) has given the green light for Apollo Hospitals Enterprise Limited to acquire an additional 30.58% equity stake in Apollo Health and Lifestyle Limited. This acquisition increases Apollo Hospitals' stake from 68.84% to a significant 99.42%. Both entities are key players
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The Competition Commission of India has approved a significant merger involving Bhushan Power and Steel Limited, JSW Sambalpur Steel Limited, JFE Steel Corporation, and JSW Kalinga Steel Ltd. This combination includes a slump sale and a new joint venture. Source: Original Link
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Tata Steel Limited has received approval from the Competition Commission of India to acquire a 50.01% stake in Thriveni Pellets Pvt Ltd. This acquisition is aimed at expanding Tata Steel's iron ore production capabilities in India. Source: Original Link
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The Competition Commission of India has approved MIH Investments One B.V.'s proposal to increase its shareholding in Roppen Transportation Services Private Limited, which operates as Rapido. MIH Investments is a wholly-owned subsidiary of Prosus N.V., primarily serving as an investment holding entity. Rapido provides app-enabled, technology-based
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The Competition Commission of India (CCI) has sanctioned Nippon Steel Corporation's full acquisition of Krosaki Harima Corporation, elevating Nippon Steel's stake in Krosaki from 46.6% to 100%. This move sees Nippon Steel strengthening its foothold in manufacturing and selling products in the steel industry, while
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The Competition Commission of India (CCI) has ordered M/s KKK Mills and M/s Sankeshwar Synthetics Pvt. Ltd, both based in Ludhiana, to halt anti-competitive practices after they were found guilty of collusive bidding in a tender for woollen underpants. This violation of Sections 3(3)(d) and 3(
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The Competition Commission of India (CCI) has approved Tata Steel Limited's proposed acquisition of sole control in Tata BlueScope Steel Pvt. Ltd. by purchasing the remaining 50% equity shareholding from BlueScope Steel Asia Holdings Pty Ltd. This acquisition will give Tata Steel full control over Tata BlueScope Steel,
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The Competition Commission of India (CCI) has ordered the Maharashtra Wine Merchants Association, Pune District Wine Merchants Association, and Association of Progressive Liquor Vendors to cease anti-competitive practices. These associations were found to be collectively imposing conditions on manufacturers, distributors, and sellers of alcoholic beverages, a violation of Sections 3(
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The Competition Commission of India (CCI) has approved a proposed business restructuring involving Curefit Healthcare Private Limited and its subsidiaries, Cultfit Healthcare and Curefit Services, as well as Fitness First Luxembourg (FF Lux). The transaction involves demerging the CultPass Elite and CultPass Pro memberships from Cultfit and Curefit Services into
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The Competition Commission of India (CCI) has approved Avenir Investment RSC Ltd.'s acquisition of shares in Sammaan Capital Limited. Avenir, a part of the Abu Dhabi-based International Holding Company PJSC, aims to expand its investment portfolio through this deal. Sammaan Capital, a non-banking financial company registered with the