July 27, 2025
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Tag: Competition Commission of India

Private equity deal: Multiples-led consortium moves CCI for 32% VIP Industries stake; Rs 1,438 crore deal to trigger open offer – Times of India

Private equity deal: Multiples-led consortium moves CCI for 32% VIP Industries stake; Rs 1,438 crore deal to trigger open offer – Times of India

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A consortium led by Multiples Alternate Asset Management has approached the Competition Commission of India (CCI) seeking approval to acquire a 32% stake in luggage maker VIP Industries, according to a notice filed with the regulator.The application follows the July 13 announcement that VIP Industries’ promoters — Dilip Piramal and family — will sell up…

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ONGC plaint: CCI seeks docs from UltraTech – Times of India

ONGC plaint: CCI seeks docs from UltraTech – Times of India

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NEW DELHI: Fair trade regulator CCI has directed Aditya Birla firm UltraTech, which now owns south-based cement firm India Cements, along with two other makers and their executives to submit financial documents, after its director general in its investigations found contravention of competition norms.The Competition Commission of India (CCI) has also directed Dalmia Bharat Cements…

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CCI clears Delhivery’s Rs 1,400-cr acquisition of Ecom Express, 99.4% stake to give firm control, boost scale in e-commerce logistics – Times of India

CCI clears Delhivery’s Rs 1,400-cr acquisition of Ecom Express, 99.4% stake to give firm control, boost scale in e-commerce logistics – Times of India

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The Competition Commission of India (CCI) on Tuesday approved logistics services provider Delhivery’s proposed acquisition of a 99.4% stake in Ecom Express for a cash consideration of up to Rs 1,407 crore.“The proposed combination comprises the acquisition of at least 99.44 per cent of the equity and preference shareholding (on a fully diluted basis) of…

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Kiranas move CCI against quick commerce – The Times of India

Kiranas move CCI against quick commerce – The Times of India

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MUMBAI: Kirana stores and FMCG distributors have approached the fair trade regulator seeking an investigation into the anti-competitive practices of quick-commerce platforms like Swiggy Instamart, Zepto & Blinkit. In a petition submitted to the Competition Commission of India on Feb 28, industry body All India Consumer Products Distributors Federation (AICPDF), which represents small retail businesses,…

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India Cements becomes subsidiary of UltraTech – Times of India

India Cements becomes subsidiary of UltraTech – Times of India

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CHENNAI: Close on the heels of the Competition Commission of India (CCI) approving UltraTech Cement‘s acquisition of India Cements, the latter has announced that it has become a subsidiary of UltraTech. The development will facilitate UltraTech adding India Cements’ 14.5 million tonnes capacity spread across Tamil Nadu, Telangana, Andhra Pradesh, and Rajasthan to its consolidated…

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UltraTech Cement gets CCI’s clearance to acquire majority stake in India Cements – Times of India

UltraTech Cement gets CCI’s clearance to acquire majority stake in India Cements – Times of India

alishpagda08@gmail.com03 mins

NEW DELHI: The Competition Commission of India (CCI) on Friday cleared billionaire Kumar Mangalam Birla-promoted UltraTech Cement’s proposal to acquire a majority stake in India Cements. “The proposed combination envisages UltraTech Cement Ltd’s (UltraTech/acquirer) acquisition of 32.72 per cent of the paid-up equity share capital of India Cements Ltd (India Cements/target) from the promoters and…

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