November 22, 2024 19:47 (IST)
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Companies with turnover over Rs 500 cr in India required to seek CCI approval for mergers

Companies with turnover over Rs 500 cr in India required to seek CCI approval for mergers

New Delhi: The Competition Commission of India (CCI), on Tuesday, introduced new regulations expanding the scope of companies that must obtain approval for mergers.

CCI approves 7 proposals involving acquisition of shares across companies

CCI approves 7 proposals involving acquisition of shares across companies

New Delhi: In a slew of decisions, the Competition Commission of India (CCI) on Tuesday approved seven proposals that include acquisition of shares partly or 100 percent in transactions involving MG Motors, Max Life Insurance, Sharekhan Limited and others.