EXPLAINED: Competition commission of india | Rare Historical Photos

CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led Navi

Competition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in India's digital financial services market. MIH Payments Holdings BV, part of Prosus, will acquire certain shareholding in the fintech firm. Navi Ltd provides various financial services, including loans,…

The Economic Times · Nov 1

CCI clears five major deals across food, energy, fintech and telecom sectors

CCI has granted approval for five significant business transactions in sectors like food services and renewable energy. The merger of Sapphire Foods India Limited with Devyani International Limited aims to combine their restaurant operations in India. Aditya Birla Renewables Limited is set to acquire Solenergi Power Private Limited from Shell…

The Economic Times · Oct 31

Devyani-Sapphire merger gets CCI approval, bringing KFC, Pizza Hut India operations under one roof

The Competition Commission of India has granted approval for the merger of Sapphire Foods India Limited with Devyani International Limited, consolidating two prominent quick-service restaurant operators. The merger aims to enhance operational efficiency and strengthen the presence of KFC and Pizza Hut in India, with the combined entity projected to…

The Economic Times · Oct 31

CCI clears UpGrad-Unacademy merger, paving way for major edtech consolidation

The Competition Commission of India’s (CCI) approval comes two months after the higher education and upskilling company and the SoftBank- and Peak XV Partners-backed test-prep startup sought antitrust clearance for the deal.

The Economic Times · Jul 7

SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penalty

The Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal with Future Coupons Pvt Ltd. This decision overturns a previous order by the National Company Law Appellate Tribunal. The Competition Commission of India's order imposing the penalty…

The Economic Times · May 27

CCI approves stake purchase in Burger King India operator by Lenexis consortium

The Competition Commission of India has given its approval for a partial ownership acquisition in Restaurant Brands Asia Limited. This deal involves a consortium led by Lenexis Foodworks Private Limited. The acquisition will occur through various steps including equity and warrant subscriptions, and an open offer. Restaurant Brands Asia operates…

The Economic Times · May 20

Morning Digest | Centre’s Digi Yatra enrolment takes off as airport security staff sign up flyers without their consent; Iran suicide blasts death toll rises to 89, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on January 6, 2024

The Hindu · Jan 6, 2024

Competition Commission of India names Pattnaik as new head of investigations

Ansuman Pattnaik also worked at the CCI during 2014-2019 in its investigations unit and was head of the unit for a brief time.

The Hindu · Dec 21, 2023

Competition Commission gives conditional approval to Sony-Zee merger deal

NEW DELHI: The Competition Commission of India on Tuesday approved with certain conditions the mega-merger deal between media groups Sony and Zee.

The Times of India · Oct 4, 2022

Competition watchdog may get in the way of proposed Zee-Sony merger

The Competition Commission of India has sent a notice to Sony and Zee networks over the possibility of their proposed India merger hurting competition through “unparalleled bargaining power”, according to a Reuters report.

Newslaundry · Sep 1, 2022