CCI

Julius Baer-DSP Merrill Lynch deal gets CCI green signal

The Competition Commission has cleared Swiss banking group Julius Baer's proposed acquisition of DSP Merrill Lynch's wealth management and related businesses in India.

Mar 22, 2015, 11:47 AM IST

CCI rejects complaint against Crisil

Finding "no material" evidence, Competition Commission has rejected allegations of unfair business practices made against credit rating agency Crisil.

Mar 19, 2015, 22:36 PM IST

SC terms 'unacceptable' out-of-turn listing of DLF plea

The Supreme Court has termed as "unacceptable" the out-of-turn listing of an appeal of real estate major DLF Ltd against imposition of fine of Rs 630 crore by the Competition Commission of India (CCI) on it for allegedly adopting "unfair business practices".

Mar 18, 2015, 19:35 PM IST

CCI approves Reliance's deal with Chinese co for textile biz

Fair trade regulator CCI has approved Reliance Industries' proposed deal to sell 49 percent stake in a newly-formed textile firm to Chinese company RuYi, saying the deal does not raise anti-competitive concerns.

Mar 05, 2015, 21:30 PM IST

No proposal for separate regulatory framework for e-com: Govt

"Presently, there is no proposal under consideration of the government for a separate regulatory frame work for e-commerce," Minister of State for Finance Jayant Sinha said in a written reply to the Rajya Sabha.

Mar 03, 2015, 16:21 PM IST

CCI says no 'overlaps' in SpiceJet-Singh deal

The Competition Commission has said Ajay Singh's acquisition of controlling stake in SpiceJet will have no "horizontal overlaps or vertical relationship" between the two parties.

Feb 27, 2015, 19:29 PM IST

CCI probed 132 cases of abuse of dominance in realty sector

Fair trade regulator CCI has probed 132 cases of alleged anti-competitive practises in real estate sector but passed orders in only 13 cases, including against DLF, while other matters have been disposed of without any action, Parliament was informed today.

Feb 24, 2015, 17:37 PM IST

Ajay Singh again becomes the owner of SpiceJet

The ownership of budget carrier SpiceJet came back in the hands of its original promoter Ajay Singh again Monday after the shares of the Marans' family were physically transferred to his account.

Feb 23, 2015, 23:22 PM IST

Kotak Mahindra, ING shares rise as merger deal gets CCI nod

Shares of Kotak Mahindra and ING Vysya Monday ended with gains in an otherwise weak stock market, as their proposed Rs 15,000-crore merger deal got the Competition Commission's approval.

Feb 23, 2015, 19:01 PM IST

SpiceJet shares soar 20% on CCI nod for capital infusion plan

Shares of SpiceJet on Friday surged nearly 20 percent after fair trade watchdog CCI approved original promoter Ajay Singh's plan to acquire controlling stake in the carrier.

Feb 20, 2015, 18:27 PM IST

CCI clears SpiceJet-Ajay Singh deal; Rs 400 cr infusion next week

With clearance from the Competition Commission of India (CCI), the low-cost carrier's original promoter is closer to taking the management reins and ownership of SpiceJet.

Feb 19, 2015, 21:14 PM IST

CCI clears SpiceJet's proposed deal with Ajay Singh

With the approval, the deal will now see a new ownership in Ajay Singh as well as a new infusion of funds into the airline.

Feb 19, 2015, 20:05 PM IST

SC defers to March 17 the hearing on plea of DLF

Justice S J Mukhopadhyaya, heading the bench, said he was due to retire on March 14 and it would not be possible for him to wind up the hearing and deliver the judgement in the case.

Feb 18, 2015, 21:18 PM IST

Reliance MF gets regulatory approvals for Nippon deal

Leading mutual fund house Reliance Capital Asset Management (RCAM) today said it has completed the regulatory clearance process for sale of additional stake to Japan's Nippon Life, following approvals of CCI and EPFO.

Feb 18, 2015, 13:49 PM IST

CCI looking into SpiceJet deal; final decision awaited

The Competition Commission is looking into SpiceJet's proposed deal with its original promoter Ajay Singh and a decision is yet to be finalised.

Feb 17, 2015, 21:02 PM IST

CCI again asks Coal India to 'cease, desist' from unfair ways

Fair trade watchdog CCI has again directed Coal India Ltd to "cease and desist" from unfair business ways after finding the state-owned miner violated competition norms with respect to dry fuel supply.

Feb 17, 2015, 18:43 PM IST

CCI approves FMC Corp's proposed deal to buy Auriga arm

Fair trade regulator CCI has approved US-based FMC Corporation's proposed acquisition of Denmark's agrochemical firm Auriga Industries' arm, saying the deal will not cause anti-competitive concerns in the market.

Feb 16, 2015, 19:26 PM IST

CCI probe: DLF says will reply after receipt of notices

Facing two fresh CCI probes for alleged unfair trade practices, realty major DLF on Thursday said it will make its submissions once its receives notice from the fair trade watchdog and details are sought from the company.

Feb 12, 2015, 21:58 PM IST

CCI probes airfares; Govt says carriers free to fix price

As fair trade watchdog CCI probes alleged violation by airlines indulging in fare wars, the government today said the pricing decision should be best left with the carriers.

Feb 12, 2015, 18:51 PM IST

SC to hear DLF's plea against CCI's order on February 18

Supreme Court on Wednesday said it will hold a hearing on February 18 to decide the issue of jurisdiction of Competition Commission of India (CCI) in a case relating to alleged adoption of "unfair business practices" by real estate major DLF.

Feb 11, 2015, 22:10 PM IST