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Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
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NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
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Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance
Reliance and Disney are said to have asked the Competition Commission of India (CCI) to approve their $8.5 billion media merger by arguing their combined power will not hit advertisers. The deal will result in the creation of India's biggest entertainment player with 120 TV channels and two streaming services, and is expected to face intense scruti...
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Competition Body CCI Approves Air India-Vistara Merger
The Competition Commission of India (CCI) on Friday approved the proposed merger of Air India and Vistara subject to certain conditions.
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Pak Minister Says General Elections Can Be Delayed Until March Next Year
Interior Minister Rana Sanaullah said the general elections in the country can be delayed until March next year after the Council of Common Interests (CCI) approved the new census
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Competition Body clears Reliance Acquisition Of Metro Cash & Carry India
The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India.
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Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
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Competition Watchdog Approves DB Power Acquisition By Adani Group
The Competition Commission of India (CCI) on Thursday said it has approved the acquisition of 100 per cent share capital of Diliigent Power Private Limited and DB Power Limited by Adani Power Limited.
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PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
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Anti-Trust Body Nod For Merger Of HDFC Bank, HDFC Ltd
Fair trade regulator Competition Commission of India (CCI) has approved the merger proposal of HDFC Bank and its parent HDFC Ltd.
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Anti-Trust Body Approves Adani Group's Acquisition Of ACC, Ambuja Cements
The Competition Commission of India (CCI) has given its approval for the acquisition of Holcim's stake in Ambuja Ltd and ACC Ltd by the Adani Group.
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Bharti Airtel Allots 1.2 Percent Equity Shares to Google for $700 Million
Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730Â apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in...
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Google-Bharti Airtel Deal Gets Approval From CCI for Up to $1 Billion Investment
The Competition Commission of India (CCI) has approved Google's proposed acquisition of a minority stake in telecom major Bharti Airtel. Earlier in January this year, Google announced its plan to invest up to $1 billion (roughly Rs. 7,510 crore) in Airtel in a move that could help bolster the Indian telecom operator's digital offerings, the compani...
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Amazon's Petition Against Future Rejected; ₹ 200 Crore Penalty Imposed
The National Company Law Tribunal (NCLT) rejects Amazon's plea challenging the decision of fair trade regulator, Competition Commission of India (CCI) to suspend the approval for the e-commerce major's deal with Future Coupons.
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Air India Plans To Take Over AirAsia India, Seeks Competition Commission's Nod
Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission of India
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Reliance and Disney Complete Merger to Create a Rs. 70,352 Crore Joint Venture
Reliance Industries Limited announced the completion of a merger with the India business of global media house Walt Disney on Thursday. With this, Viacom 18 Media Private Limited, Reliance Industries Limited, and The Walt Disney Company announced the formation of a joint venture. The joint venture was formed after the approval by the National Compa...
-
NCLT Approves Merger of Viacom 18, Star India After CCI Nod
The National Company Law Tribunal (NCLT) on Friday approved a merger scheme that will allow Viacom 18 Media with Star India. The merger of Reliance Industries and The Walt Disney Co's media assets was approved earlier this week by the Competition Commission of India and will create the country's largest media empire.
-
Reliance, Disney Said to Seek CCI Nod With Cricket Rights Assurance
Reliance and Disney are said to have asked the Competition Commission of India (CCI) to approve their $8.5 billion media merger by arguing their combined power will not hit advertisers. The deal will result in the creation of India's biggest entertainment player with 120 TV channels and two streaming services, and is expected to face intense scruti...
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Competition Body CCI Approves Air India-Vistara Merger
The Competition Commission of India (CCI) on Friday approved the proposed merger of Air India and Vistara subject to certain conditions.
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Pak Minister Says General Elections Can Be Delayed Until March Next Year
Interior Minister Rana Sanaullah said the general elections in the country can be delayed until March next year after the Council of Common Interests (CCI) approved the new census
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Competition Body clears Reliance Acquisition Of Metro Cash & Carry India
The Competition Commission of India (CCI) on Tuesday said it has approved Reliance Retail Venture's acquisition of German firm Metro AG's wholesale operations in India.
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Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
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Competition Watchdog Approves DB Power Acquisition By Adani Group
The Competition Commission of India (CCI) on Thursday said it has approved the acquisition of 100 per cent share capital of Diliigent Power Private Limited and DB Power Limited by Adani Power Limited.
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PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
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Anti-Trust Body Nod For Merger Of HDFC Bank, HDFC Ltd
Fair trade regulator Competition Commission of India (CCI) has approved the merger proposal of HDFC Bank and its parent HDFC Ltd.
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Anti-Trust Body Approves Adani Group's Acquisition Of ACC, Ambuja Cements
The Competition Commission of India (CCI) has given its approval for the acquisition of Holcim's stake in Ambuja Ltd and ACC Ltd by the Adani Group.
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Bharti Airtel Allots 1.2 Percent Equity Shares to Google for $700 Million
Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730Â apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in...
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Google-Bharti Airtel Deal Gets Approval From CCI for Up to $1 Billion Investment
The Competition Commission of India (CCI) has approved Google's proposed acquisition of a minority stake in telecom major Bharti Airtel. Earlier in January this year, Google announced its plan to invest up to $1 billion (roughly Rs. 7,510 crore) in Airtel in a move that could help bolster the Indian telecom operator's digital offerings, the compani...
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Amazon's Petition Against Future Rejected; ₹ 200 Crore Penalty Imposed
The National Company Law Tribunal (NCLT) rejects Amazon's plea challenging the decision of fair trade regulator, Competition Commission of India (CCI) to suspend the approval for the e-commerce major's deal with Future Coupons.
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Air India Plans To Take Over AirAsia India, Seeks Competition Commission's Nod
Tatas-owned Air India plans to acquire no-frills carrier AirAsia India and has sought approval from the Competition Commission of India
