JSW Steel today said the Competition Commission of India has approved bid by a consortium led by it to acquire bankrupt Monnet Ispat and Energy Ltd (MIEL) in an insolvency auction.
The Competition Commission of India has given approval for the proposed 100% sale of Reliance Infrastructure’s integrated Mumbai power business to Adani Transmission, the Anil Ambani-led company said in a statement Monday.
Reliance Infrastructure (RInfra) on Monday said the Competition Commission of India (CCI) has approved sale of its integrated Mumbai power business to Adani Transmission in a ₹18,800 crore deal.
The Competition Commission of India (CCI) on Thursday issued an order against Nair Coal Services Pvt. Ltd., Karam Chand Thapar and Bros (CS) Ltd. and Naresh Kumar and Co. Pvt. Ltd. for rigging bids and dividing market by forming hardcore cartel in respect of tenders floated by Maharashtra State Power Generation Co. Ltd.(MAHAGENCO) for procuring coal liasoning services.
Fair-trade regulator CCI today dismissed allegations of abuse of dominance against Maharashtra State Power Generation Company with regard to qualification criteria for the bidders provided by the state utility in its tender.
Paving the way for mega mergers in the oil & gas sector, the Ministry of Corporate Affairs announced on Thursday that mergers and acquisition deals involving public-sector oil & gas companies have been exempted from requiring mandatory approvals from the Competition Commission of India (CCI).
The Competition Commissiontoday ordered a fresh investigation against state-owned GAIL (India) for alleged abuse of dominant position with regard to supply of natural gas.
Fair trade regulator CCI today rejected allegations of anti-competitive practices made against state-owned CIL with respect to spot e-auction of coal. Rejecting the complaint, Competition Commission of India (CCI) said none of the terms cited in the complaint with regard to the spot e-auction scheme of coal “appears to be unfair or discriminatory”.
Coal India may once again appeal to the Competition Appellate Tribunal (COMPAT) against the `591-crore penalty imposed by the Competition Commission of India (CCI) on it last week.
Fair trade regulator CCI has concluded that the proposed merger between Dow Chemical Company and DuPont is likely to have an “appreciable adverse impact on competition”.