Meta fined ₹213 cr for anti-competitive practices by CCI
CCI issues cease-and-desist directions to Meta and WhatsApp.
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November 2024
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Mankind Pharma shares extend gain on CCI nod for BSV acquisition
The CCI has cleared Mankind Pharma's proposed acquisition of 100% stake in Bharat Serums and Vaccines for ₹13,630 crore.
CCI launches market study on effects of AI on competition
According to the CCI, AI's transformative capabilities hold significant potential for promoting competition
CCI denies interim relief to local cos in Google service fees case
CCI mentioned that the Director General (DG) will continue with the investigation as per the commission's earlier order issued on March 15.
CCI approves merger of ‘Slice’ with North East Small Finance Bank
The Reserve Bank of India (RBI), the banking regulator, had previously issued a no-objection certificate (NOC) for the merger in October of last year.
Zurich Insurance gets CCI nod to acquire 70% stake in Kotak Mahindra General Insurance
Back in November of the previous year, Switzerland-based Zurich Insurance Group had agreed to acquire a 51% stake in KMGIC for approximately ₹4,051 crore.
CCI approves JSW's 38% stake purchase in MG Motor India
JSW Group entered into a joint venture with China's SAIC Motor last year.
Burman family gets CCI nod to buy additional stake in Religare Enterprises; stock jumps 5%
The Burman family, which owns FMCG major Dabur India, is currently the single largest shareholder in REL and holds around 21% stake through its four group entities.
CCI gives nod to Kedaara Capital's stake buy in Lenskart; Zonnebaar’s majority stake in Indira IVF
The regulator has approved the acquisition of a majority stake in Indira IVF by Zonnebaars and the amalgamation of Spaceway Wellness into Indira IVF.
HDFC Life gets CCI nod for HDFC's additional stake buying; stocks rise
The CCI’s decision to allow HDFC to own over 50% stake in HDFC Life could be a positive for the insurance company as this removes the overhang of RoE dilution in the merged entity.
