In a big growth, Praveen Khandelwal, Member of Parliament from the ruling Bhartiya Janata Social gathering (BJP), has written to the Commerce and Trade Minister Piyush Goyal, urging immediate motion by the federal government towards e-commerce giants Flipkart and Amazon for his or her anti-trust breaches. This follows an in depth investigation by the Competitors Fee … Read more
Knowledge Infrastructure Belief, an Infrastructure Funding Belief sponsored by Brookfield Asset Administration, together with associates of traders, together with British Columbia Funding Administration Company and GIC, has accomplished the acquisition of American Tower’s operations in India. This transaction, authorised by the CCI, includes the buyout of roughly 76,000 communications websites in India for an enterprise … Read more
Competitors Fee of India (CCI) on Tuesday stated that it has accepted Rane Holdings’ proposed acquisition of remaining 51 per cent stake from the three way partnership associate Japan-based NSK Ltd in Rane NSK Steering Methods Pvt Ltd (RNSS). “Fee approves the proposed acquisition for the steadiness 51 % shareholding by Rane Holdings Restricted in … Read more
Regardless of CCI’s conditional nod for the practically $8.5 billion media merger between Disney and Reliance specialists imagine that the merger would proceed to have unfavorable affect on market competitors within the media area. Reliance has submitted to the antitrust regulator that it’ll make good religion modifications to protect competitors however regional TV channels and … Read more
As India’s antitrust regulator, the Competitors Fee of India (CCI) expressed its reservations concerning the forthcoming merger between Disney and Viacom18, specialists argue that CCI’s issues are unfounded. On Tuesday, CCI reached the preliminary evaluation that the $8.5-billion media merger between Disney and Viacom18 will hurt competitors within the media sector as a result of … Read more
Trade stakeholders, together with Large Tech, are set to voice their ‘critical issues’ on the Draft Digital Competitors Invoice (DCB) at a MeitY convened assembly right here on Tuesday. This assembly, which was earlier scheduled for June 13 however postponed on the final minute, is anticipated to be chaired by Ministry of Electronics and Data … Read more
An inter-ministerial assembly on Wednesday brainstormed on the necessity for a brand new authorized framework for digital media to guard them from Massive Tech’s anti-competitive practices by way of which they siphon off promoting income, leaving digital information publishers deprived. The inter-ministerial assembly chaired by the Info & Broadcasting ( I&B) Secretary met to debate … Read more
In a big transfer geared toward enhancing regulatory oversight, and guaranteeing compliance, the Competitors Fee of India (CCI), has proposed new laws to watch the settlements, and commitments of trade giants. Additionally learn:New CCI laws: Tightening the reins on confidential info The CCI’s newly issued session paper, and draft laws, guarantees to usher in a … Read more
The Competitors Fee of India (CCI) has accepted the proposed mixture involving acquisition in IRB Infrastructure Belief and MMK Toll Street Pvt Ltd by Cintra. Additionally learn:CCI revamps confidentiality ring to expedite disposal Cintra InvIT Investments BV (Cintra SPV 1) and Cintra IM Investments BV (Cintra SPV 2) are collectively known as “acquirers.” The acquirers … Read more
The Competitors Fee of India (CCI) is about to inform new merger management laws that will require sure offshore digital transactions with a worth of extra than ₹2,000 crore (about $242 million) to acquire its prior approval earlier than heading in direction of mixture, a prime official mentioned. Additionally learn:CCI revamps confidentiality ring to expedite disposal … Read more