Competition Commission of India
The Competition Commission of India has approved Lloyds Metals and Energy Limited's acquisition of 49.99% equity share capital in Thriveni Pellets Private Limited. This acquisition is part of LMEL's strategy to expand its operations in the iron ore sector, which includes mining, DRI production, and
Competition Commission of India
The Competition Commission of India has approved Tilaknagar Industries Limited's acquisition of the production, bottling, marketing, and sale of alcoholic beverages under the 'Imperial Brands' from Pernod Ricard India Private Limited. This acquisition enhances Tilaknagar's presence in the Indian made foreign liquor market, which
Competition Commission of India
The Competition Commission of India has approved a significant investment combination involving Jongsong Investments Pte. Ltd., Ivanhoe Cambridge Singapore Investments II Pte. Ltd., and several other entities. The deal includes Jongsong acquiring 20% equity in multiple targets and IC Singapore acquiring 40% in specific targets, focusing on the real estate
Artificial Intelligence
The Competition Commission of India (CCI) has published a report detailing the rapid adoption of Artificial Intelligence (AI) in India and its impact on market dynamics, competition, and regulatory frameworks. The study highlights the need for responsible AI practices and proposes measures to foster a competitive AI ecosystem while addressing
Competition Commission of India
The Competition Commission of India has approved the acquisition of Jaiprakash Associates Limited (JAL) by Jindal Power Limited as part of a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016. Jindal Power, primarily engaged in the power sector, aims to expand its operations, while JAL is involved
Competition Commission of India
The Competition Commission of India has approved the Saudi Agricultural and Livestock Investment Company’s (SALIC) proposed indirect acquisition of 44.58% to 64.57% of Olam Agri Holdings Limited's issued share capital. SALIC, an investment company based in Saudi Arabia, focuses on agriculture and food commodities, while
Competition Commission of India
The Competition Commission of India has approved the acquisition of OC Oerlikon Textile Holding AG and Oerlikon Textile Inc. by Rieter Holding AG and Rieter North America Inc. This acquisition grants Rieter sole control over the Targets, which are manufacturers of spinning systems, texturing machines, and non-woven solutions. Rieter, based
Competition Commission of India
The Competition Commission of India has approved a significant business combination involving the demerger of Apollo Health Enterprise Limited (AHEL) into Apollo Healthtech Limited (AHTL), the merger of Apollo Healthco Limited (AHL) and Keimed into AHTL, and the acquisition of 74.5% shareholding of AMPL by AHTL. This process includes
Competition Commission of India
The Competition Commission of India has approved the acquisition of IRB Hapur Moradabad Tollway Limited, Kaithal Tollway Limited, and Kishangarh Gulabpura Tollway Limited by the IRB InvIT Fund. Additionally, Anahera Investment Pte. Ltd. will acquire units of the IRB InvIT Fund. This marks a significant move in India's
Competition Commission of India
The Competition Commission of India has approved the acquisition of the entire shareholding of IPM Inc. and OC NL Invest Cooperatief U.A. in Owens-Corning (India) Pvt. Ltd. by Triumph Composites Pvt. Ltd. and Quartz Fibre Private Limited. This acquisition is part of a global transaction involving the sale of
Competition Commission of India
The Competition Commission of India has approved PNC Infratech Limited's acquisition of Jaiprakash Associates Limited, allowing for a purchase of 95% to 100% of JAL. JAL is currently in a corporate insolvency resolution process. PNC Infratech is an infrastructure company focused on EPC projects, while JAL operates in
Competition Commission of India
The Competition Commission of India has approved the acquisition of Dana Incorporated's off-highway business by Allison Transmission Holdings, Inc. This acquisition involves Dana's off-highway business, which specializes in drivetrain and propulsion solutions for various industries. Allison, headquartered in Indianapolis, designs vehicle propulsion systems and has a