Page-4 of CCI

Reliance capital gets CCI nod to acquire Goldman Sach's fund arm

January 6, 2016

Reliance Capital Asset Management (RCAM) has received nod from Competition Commission of India (CCI) to acquire Goldman Sachs’s mutual funds and exchange-traded funds business in India. This approval comes after the boards of both the companies had approved the acquisition ..

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CCI imposes Rs 258 cr fine on Jet Airways, IndiGo, SpiceJet

November 18, 2015

The Competition Commission of India (CCI) has slapped penalties worth Rs 258 crore on three leading airlines- Jet Airways, IndiGo and SpiceJet for cartelisation in fixing cargo fuel surcharge. In this regard, it also issued a cease and desist order ..

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CCI imposes Rs. 420 crore fine on Hyundai for anti-competitive practices

July 29, 2015

The Competition Commission of India (CCI) has imposed fine of 420 crore rupees on the local unit of Hyundai Motor Co. The fined was imposed after CCI investigation had found that Hyundai was engaged in anti-competitive practices. The fine imposed ..

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CCI gives nod to Kotak-ING Vysya Bank merger

February 21, 2015

The Competition Commission of India (CCI) has given its approval to proposed Rs 15,000-crore merger deal between Kotak Mahindra Bank and ING Vysya Bank. CCI in its approval mentioned that this merger is not likely to have an appreciable adverse ..

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Justice GS Singhvi appointed chairman of Competition Appellate Tribunal

October 2, 2014

Former Supreme Court Judge, G.S.Singhvi, has been appointed the Chairman of the Competition Appellate Tribunal. He retired from the Supreme Court in December 2013. Justice Singhvi fills in the position that has been vacant since Justice V.S.Sirpurkar retired as Chairman ..

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