CCI approves stake buy in SBI General Insurance by Napean Opportunities, Honey Wheat
The transaction involves acquisition of 16.01 per cent paid-up share capital of SBI General Insurance by Napean Opportunities and 9.99 per cent by Honey Wheat Investment Ltd, the CCI said in two separate statements.
Realme to drive competition in premium segment; bullish on offline expansion
“We wanted to change the definition of the premium segment. It i...
Future Supply shares rise as CCI approves 22% stake acquisition by Nippon Express
The shares appreciated 5.98 per cent to Rs 529 on the NSE.
Stocks in the news: YES Bank, Bharti Airtel, Dish TV, Tata Motors and IDBI Bank
Concor said L & L Partners has been appointed as legal advisor for divestment of the firm
CCI approves subscription of Piramal Enterprises' compulsory convertible debentures by CDPQ
Piramal Enterprises in a regulatory filing in October said its board has approved raising of Rs 5,400 crore through a rights issue and preferential allotment of compulsory convertible debentures (CCDs).
Nippon Express gets CCI nod to buy 22% stake in Future Supply Chain Solutions
Nippon Express will acquire 22% stake through a combination of primary issuance and secondary purchase from an existing investor.
CPSEs can be globally competitive if government, management roles spelt out: CII
The report, set to be released on Monday, recommends that the government inform the top management of CPSEs about its disinvestment plans, a press release by the CII said. “Given the current environment of divestment uncertainty, it is critical to apprise the CPSE top management in advance, about a decision on this,” the release stated.
7-year-old girl wins ‘Doodle for Google’ 2019 competition in India
A 7-year-old class 2 student, Divyanshi Singhal from Gurugram has won 2019 ‘Doodle for Google’ competition in India. She doodled her hope to...
Duopoly not enough for a truly competitive landscape in telecom: Rajan Mathews, COAI
Government’s largess is propping up BSNL, why not some relief for telecom cos.
Competition watchdog approves Toyota Motor-Suzuki Motor Corp minority stake deal
The fair trade regulator said it has approved the minority stake purchase deal of Toyota Motor Corporation and Suzuki Motor Corporation.
BSE to offer non-competitive bidding facility in state development loans to retail investors
Last week, rival bourse National Stock Exchange (NSE) had introduced the same facility.
BPCL privatisation: Pradhan says no role of govt in business; competition to benefit consumers
"The role of the government should be to create policy framework guarantees "affordability, accessibility, sustainability and security" of fuel to consumers. When Prime Minister (Narendra Modi) says the government has no business to be in business, it is not a slogan. It is a philosophy," Petroleum Minister Dharmendra Pradhan said.
NCLAT dismisses abuse of dominance charge against BMW India
Competition Commission of India (CCI) has said that as BMW has a negligible share in the passenger car segment in India, hence the question of abuse of dominant position did not arise. The NCLAT, which is an appellate authority over CCI, said it "find no ground to interfere with the well reasoned order impugned in this appeal" and dismissed it.
Work is on to amend IBC to address cross-border insolvency: M S Sahoo
"There is proposal to amend the IBC to provide for such cases like cross border insolvency," the IBBI chief said.
You can build solutions on development platforms at TechGig competition
Fifth edition of coding competition, Geek Goddess, will be held on November 8 in Bengaluru. Geek Goddess 2019 will host six themes, based on technologies such as artificial intelligence (AI), machine learning (ML), robotic process automation (RPA) and cloud. This hackathon theme has got more than 4,403 registrations.
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