CCI

CCI orders fresh probe against DLF; second in two days

The Competition Commission has ordered a fresh probe against realty major DLF, finding the company to have prima-facie abused its dominant position, making it the second such probe ordered within two days.

Feb 10, 2015, 17:06 PM IST

Competition Commission orders fresh probe against DLF

The case relates to development and sale of residential units in Gurgaon by the company's largest real estate player.

Feb 09, 2015, 20:43 PM IST

Nippon-Reliance Capital Asset Management deal gets CCI nod

Competition Commission has approved Japanese financial services giant Nippon's proposed deal to hike its stake in India's top fund house Reliance Mutual Fund to 49 percent in multiple tranches.

Feb 02, 2015, 18:36 PM IST

CCI rejects complaint against DLF Universal

The Competition Commission of India has rejected allegations that realty major DLF indulged in unfair business practices with regard to a commercial project.

Feb 01, 2015, 21:08 PM IST

DLF proposes provision to sue regulators; CCI rejects idea

DLF had earlier challenged an order passed by the Competition Commission of India (CCI), while it also appealed against an order passed by capital markets regulator Sebi against it last year.

Jan 19, 2015, 21:33 PM IST

SC asks its registry to keep fine paid by DLF in PSU bank

Supreme Court Monday asked its registry to invest in a nationalised bank the money deposited with it by real estate major DLF as a fine which was imposed by the Competition Commission of India (CCI).

Jan 19, 2015, 19:31 PM IST

CCI orders probe against REC for anti-competitive ways

The Competition Commission has ordered a probe against state-owned REC for allegedly indulging in unfair business practices with respect to financing of rural electrification schemes.

Jan 19, 2015, 17:56 PM IST

Competition Commission examining Kotak-ING deal

Fair trade watchdog CCI is examining the Rs 15,000-crore merger deal between Kotak Mahindra and ING Vysya that would create the country's fourth largest private sector lender.

Jan 19, 2015, 16:16 PM IST

CCI order soon on case related to unfair ways in realty sector

Competition Commission is expected to soon finalise its order on alleged unfair business practices in the realty sector, a matter where around 20 entities have come under its scanner.

Jan 18, 2015, 12:24 PM IST

HDFC Bank arm's deal with Atlas Documentary gets CCI nod

According to the fair trade regulator, the proposed deal "is not likely to have an appreciable adverse effect on competition in India".

Jan 16, 2015, 20:49 PM IST

HC extends stay on CCI penalty order against Maruti Suzuki

Delhi High Court Thursday extended the stay on the Competition Commission of India's (CCI) order levying a penalty of Rs 471 crore on Maruti Suzuki India (MSI) for allegedly abusing its dominant position in the spare parts market.

Jan 15, 2015, 19:34 PM IST

PepsiCo gets CCI nod for selling bottling plants to franchisee

Beverages and snacks major PepsiCo India's proposed sale of its plants in North India to Varun Beverages had got clearance from fair trade watchdog CCI, saying the deal does not raise anti-competitive concerns.

Jan 06, 2015, 21:14 PM IST

Competition Commission clears IBM-Globalfoundries deal

Technology major IBM's proposed deal with US-based Globalfoundries has been cleared by fair trade watchdog CCI, which said the transaction would not have any adverse impact on competition in India.

Jan 02, 2015, 15:55 PM IST

'HPL faltered on export commitment against advance license'

The ailing Haldia Petrochemicals Limited, whose plant is under closure since last six months, failed to meet export commitment for which it had got advance licenses.

Dec 29, 2014, 17:43 PM IST

CCI rejects complaint against Ansal Properties

The Competition Commission has rejected allegations of unfair business practices against an Ansal group firm with regard to sale of commercial space in Uttar Pradesh.

Dec 25, 2014, 16:44 PM IST

Novartis shares up nearly 2% at close

Surrendering most of early gains in-line with a weak stock market, shares of Novartis India ended nearly 2 percent higher Wednesday, a day after fair trade regulator CCI approved a multi-billion dollar deal between global pharma giants GlaxoSmithKline Plc and Novartis.

Dec 24, 2014, 13:59 PM IST

CCI clears multi-billion Novartis-GSK pharma deal

Fair trade regulator CCI has approved a multi-billion dollar deal between global pharma giants GlaxoSmithKline Plc and Novartis, as it did not find the transaction to be anti-competitive ion India.

Dec 23, 2014, 20:07 PM IST

CCI packs punch for fairness; slaps Rs 2,700 cr fine in 2014

Wielding its powers for fairness, the Competition Commission of India (CCI) clamped down on violators and slapped penalties worth about Rs 2,700 crore this year, with its ruling in the USD 4 billion Sun-Ranbaxy deal becoming a watershed moment.

Dec 23, 2014, 14:49 PM IST

M&A deals: CCI feels road ahead will be difficult

"We are equally conscious that the road ahead will be more and more difficult both in terms of quantity and complexity of transactions," Competition Commission of India (CCI) Chairman Ashok Chawla has said.

Dec 21, 2014, 13:15 PM IST

CCI clears Reliance-Prime Focus deal

According to the Competition Commission, the deal, which would create an entity with a combined turnover of over Rs 1,800 crore, is "not likely to have appreciable adverse effect on competition in India".

Dec 15, 2014, 20:03 PM IST