JAL insolvency: CCI clears Dalmia Bharat’s bid to acquire Jaiprakash Associates; other bidders include Adani, Vedanta, Jindal Power – Times of India

The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to fully acquire the debt-laden Jaiprakash Associates Ltd (JAL), clearing a key hurdle in the latter’s ongoing insolvency process.The…

Continue ReadingJAL insolvency: CCI clears Dalmia Bharat’s bid to acquire Jaiprakash Associates; other bidders include Adani, Vedanta, Jindal Power – Times of India

Private equity deal: Multiples-led consortium moves CCI for 32% VIP Industries stake; Rs 1,438 crore deal to trigger open offer – Times of India

A consortium led by Multiples Alternate Asset Management has approached the Competition Commission of India (CCI) seeking approval to acquire a 32% stake in luggage maker VIP Industries, according to…

Continue ReadingPrivate equity deal: Multiples-led consortium moves CCI for 32% VIP Industries stake; Rs 1,438 crore deal to trigger open offer – Times of India

Cartel probe: CCI seeks 9 years of financial records from UltraTech, Dalmia Bharat, others; flags ONGC tender cartelisation – Times of India

India's Competition watchdog, the Competition Commission of India (CCI) has directed UltraTech Cement — which now controls India Cements — along with Dalmia Bharat and Shree Digvijay Cement, to furnish…

Continue ReadingCartel probe: CCI seeks 9 years of financial records from UltraTech, Dalmia Bharat, others; flags ONGC tender cartelisation – Times of India

CCI clears Delhivery’s Rs 1,400-cr acquisition of Ecom Express, 99.4% stake to give firm control, boost scale in e-commerce logistics – Times of India

The Competition Commission of India (CCI) on Tuesday approved logistics services provider Delhivery’s proposed acquisition of a 99.4% stake in Ecom Express for a cash consideration of up to Rs…

Continue ReadingCCI clears Delhivery’s Rs 1,400-cr acquisition of Ecom Express, 99.4% stake to give firm control, boost scale in e-commerce logistics – Times of India

CCI penalises investment manager of Goldman Sachs AIF for failing to notify Biocon deal – Times of India

NEW DELHI: The Competition Commission has imposed a penalty of Rs 40 lakh on the investment manager of Goldman Sachs AIF for failing to notify the regulator about the more…

Continue ReadingCCI penalises investment manager of Goldman Sachs AIF for failing to notify Biocon deal – Times of India

UltraTech Cement gets CCI’s clearance to acquire majority stake in India Cements – Times of India

NEW DELHI: The Competition Commission of India (CCI) on Friday cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement's proposal to acquire a majority stake in India Cements. "The proposed combination envisages…

Continue ReadingUltraTech Cement gets CCI’s clearance to acquire majority stake in India Cements – Times of India