Competition Commission of India
The Competition Commission of India has approved BCP Asia II Holdco VII Pte. Ltd.'s acquisition of up to 80.15% shareholding in Aadhar Housing Finance Ltd. The acquisition involves a secondary purchase and an open offer to public shareholders. BCP Asia is controlled by Blackstone Inc. and does
Competition Commission of India
The Competition Commission of India has approved Rajadhiraja Limited's acquisition of a shareholding in La Renon Healthcare Private Limited. Rajadhiraja Limited, a special purpose vehicle owned by Creador VI L.P., does not currently conduct business in India. La Renon Healthcare is involved in the pharmaceutical sector, focusing
Competition Commission of India
The Competition Commission of India has approved the acquisition of certain shareholding of Continuum Green Energy Holdings Ltd. by Continuum Energy Pte. Ltd. (CEPL) from Clean Energy Investing Pte. Ltd. Following this acquisition, Continuum Green Energy Holdings Ltd. will become a wholly owned subsidiary of CEPL, which is a holding
merger
The Competition Commission of India has approved the merger of Girnar Finserv, Girnar Insurance Brokers, D2C Consulting Services, and RB Info Services into Artivatic Data Labs. This merger aims to consolidate various services including marketing communication, insurance brokerage, and IT solutions for the insurance sector. The merger is part of
Competition Commission of India
The Competition Commission of India has approved the acquisition of J. B. Chemicals & Pharmaceuticals Limited by Torrent Pharmaceuticals Limited, subject to voluntary modifications. The acquisition involves Torrent Pharmaceuticals acquiring shareholding in J. B. Chemicals, which manufactures and markets pharmaceutical formulations and active pharmaceutical ingredients. A detailed order will follow.
Competition Commission of India
The Competition Commission of India has approved the acquisition of up to 15% shareholding in Edelweiss Asset Management Limited and Edelweiss Trusteeship Company Limited by Setu AIF Trust, Konark Trust, and MMPL Trust. This acquisition involves interconnected steps and is facilitated by Setu AIF Trust, a Category II AIF registered
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