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CCI

CCI disposes of 600 anti-trust cases, says Sikri

Competition Commission of India on Friday said it has disposed of 600 anti-trust cases, which is 80 per cent of the cases filed with it.

Competition Commission dismisses complaints against two realty firms

Competition Commission dismisses complaints against two realty firms

CCI has rejected complaints against two real estate developers -- Imperial Housing Ventures and ANS Developers.

CCI slaps Rs 6,715 crore fine on 11 cement companies including ACC, Ultratech

CCI slaps Rs 6,715 crore fine on 11 cement companies including ACC, Ultratech

Competition Commission Wednesday imposed more than Rs 6,700 crore penalty on 11 cement companies, including ACC and Binani, for cartelisation.

Monsanto case: CCI rejects pleas seeking review of probe order

Monsanto case: CCI rejects pleas seeking review of probe order

In a setback to Monsanto, CCI has rejected pleas by the US biotechnology major and its group entities challenging a probe into the role of their top officials in a case relating to alleged unfair business practices in the Indian seeds market.

Competition Commission rejects complaint against DLF

Competition Commission has dismissed allegations that DLF indulged in unfair business ways with regard to sale of a residential plot in Uttar Pradesh after finding that the realty major was not a dominant player in the relevant market.

 Absence of pro-competition policy promotes crony capitalism: Arun Jaitley

Absence of pro-competition policy promotes crony capitalism: Arun Jaitley

Pitching for more competition, Finance Minister Arun Jaitley today cautioned that pro-business environment without "pro-competition" policies can result in dangerous consequences, including crony capitalism.

GoAir hikes ticket cancellation charges to Rs 2,225, joins peer group

Joining others in the sector, budget carrier GoAir hiked ticket cancellation charges to Rs 2,225 now. The charges were Rs 1,900 earlier. The new charges will be applicable from April 21, the company informed

Bad news for flyers! SpiceJet hikes ticket cancellation charges

Bad news for flyers! SpiceJet hikes ticket cancellation charges

Budget carrier SpiceJet has also increased its ticket cancellation charges by over Rs 350, days after its competitor IndiGo announced a flat charge of Rs 2,250 even as the DGCA deadline for airlines to submit their response on the issue ended on Friday

RCom gets CCI go-ahead to acquire Sistema's MTS

RCom gets CCI go-ahead to acquire Sistema's MTS

As per the deal, SSTL will hold about 10 percent stake in RCom and pay off its existing debt before closing the deal.

 

AB InBev gets CCI nod to acquire SABMiller

AB InBev gets CCI nod to acquire SABMiller

Last year, Anheuser-Busch InBev (AB InBev) said that it had completed an agreement to acquire SABMiller Plc, making it one of the largest deal in the breweries sector.

Sun Pharma gets CCI nod to sell two CNS divisions to Strides

Drug major Sun Pharma has received approval from competition watchdog CCI to sell the erstwhile Ranbaxy Laboratories' two divisions in the central nervous system (CNS) segment in India to Strides Shasun for Rs 165 crore.

CCI okays Fairfax's additional 9% stake buy in ICICI Lombard

CCI okays Fairfax's additional 9% stake buy in ICICI Lombard

The Competition Commission has cleared Prem Watsa run Fairfax Financial Holdings' proposed acquisition of additional nine percent stake in ICICI Lombard General Insurance Company for an estimated Rs 1,550 crore.Following the transaction, Fairfax will hold 35 percent in ICICI Lombard, while ICICI Bank will have about 64 percent stake. 

Compat quashes CCI's Rs 6,316 crore fine on cement companies

In a major ruling, the Competition Appellate Tribunal Friday set aside Rs 6,316.59 crore penalty imposed on 11 cement manufacturers by CCI for cartelisation and directed the fair trade regulator to pass a fresh order in three months.

CCI asks PVR to publish details of DT Cinema acquisition

CCI asks PVR to publish details of DT Cinema acquisition

In June, PVR announced plans to acquire real estate major DLF's cinema exhibition business, DT Cinemas, for Rs 500 crore.

Competition Commission introduces e-filing facility

Competition Commission of India (CCI), which keeps a tab on unfair business practices in the market place, has been working on e-filing system for sometime.

CCI dismisses complaints against Sony, HP

Fair trade regulator CCI has rejected allegations that Sony India and Hewlett Packard India Sales indulged in anti-competitive business practices.

CCI dismisses complaint against Symantec Corp

Fair trade regulator CCI has rejected allegations of anti-competitive business practices made against anti-virus software maker Symantec Corp.

CCI gets 21 merger filings in October, highest in four years

CCI gets 21 merger filings in October, highest in four years

The Competition Commission received 21 filings seeking approval for mergers in October, the highest number for any month in the past four years.

CCI dismisses complaints against RIL, Reliance Gas Infra

CCI dismisses complaints against RIL, Reliance Gas Infra

Noting that Reliance Industries does not have significant presence in the relevant market, the Competition Commission of India (CCI) said the company is not dominant there, according to an order dated November 17.

CCI clears Aviva's additional 23% stake buy in Indian joint venture

Aviva Life Insurance Company India Ltd is a joint venture between Aviva and Dabur Invest Corp (DIC).