CCI
CCI Approves GRT Jewellers' Acquisition Of Majority Stake In Tribhovandas Bhimji Zaveri
The Competition Commission of India (CCI) on 13 October approved GRT Jewellers (India) Private Limited's proposed acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited (TBZ). It approved the transaction involving GRT Jewellers, a private limited company engaged primarily in the production and sale of gems and jewellery across India, acquiring a majority shareholding in TBZ, a publicly listed company operating in the gems and jewellery sector. The CCI stated that a detailed...
CCI Clears CPP Investment Board's Acquisition Of Stake In Prestige Hospitality Ventures
The Competition Commission of India on Tuesday approved the proposed acquisition of certain shareholding in Prestige Hospitality Ventures Limited by CPP Investment Board Private Holdings (4) Inc.CPP Investment is a company incorporated in Canada and is managed by the Canada Pension Plan Investment Board (CPPIB). CPPIB manages the Canada Pension Plan Fund and invests across various asset classes globally, including public and private equities, real estate, infrastructure, fixed income and...
CCI Clears BNP Paribas Cardif's Acquisition Of Equity Stake In IndiaFirst Life Insurance
The Competition Commission of India has approved the proposed acquisition of certain equity share capital in IndiaFirst Life Insurance Company Limited by BNP Paribas Cardif.The transaction involves BNP Paribas Cardif, a company incorporated in France and wholly owned subsidiary of BNP Paribas SA, acquiring a stake in IndiaFirst Life Insurance Company Limited.BNP Paribas is a publicly listed company engaged in providing corporate and institutional banking, commercial and personal banking,...
CCI Clears L'Oréal India's 100% Acquisition Of Onesto Labs
The Competition Commission of India on Tuesday approved the proposed acquisition of 100% shareholding in Onesto Labs Private Limited by L'Oréal India Private Limited.L'Oréal India is engaged in the research, development, manufacture, marketing and sale of beauty and personal care products, including skincare and haircare products, in India. It also exports these products and markets them under various global brands. Onesto Labs is engaged in the manufacture and sale of beauty and personal care...
Rajasthan Royals, Paarl Royals, Barbados Royals Acquisition By Westview Cricket, Poonawalla Sports Gets CCI Nod
The Competition Commission of India on Thursday approved the acquisition of three professional cricket franchises namely Rajasthan Royals, Paarl Royals and Barbados Royals by Westview Cricket Limited and Poonawalla Sports and Fitness Private Limited.The proposed combination involves the acquisition of the Rajasthan Royals franchise in India, Paarl Royals in South Africa and Barbados Royals in Barbados by the two acquiring entities.Westview Cricket is a company incorporated in the United Kingdom,...
CCI Closes DVC Complaint Against West Bengal Power Distributor WBSEDCL Over Anti-Competitive Tariffs
The Competition Commission of India (CCI) has closed an Information filed by Damodar Valley Corporation (DVC) against West Bengal State Electricity Distribution Company Limited (WBSEDCL), finding no prima facie case of contravention of the Competition Act, 2002.DVC alleged that WBSEDCL used its dominant position in the wider electricity distribution market in West Bengal to strengthen its presence in the DVC Command Area, where the two utilities compete. It also accused WBSEDCL of predatory and...
CCI Closes Complaint Against Mahindra And Dealer Over Warranty Condition On Approved Consumables
On 9 September, the Competition Commission of India (CCI) closed a complaint against Mahindra & Mahindra Limited and its authorised dealer, Sri Durga Automobiles, over allegations that making vehicle warranty coverage conditional on the use of Mahindra-approved consumables amounted to anti-competitive conduct. A coram of Chairperson Ravneet Kaur with Members Sweta Kakkad and Deepak Anurag closed the information filed by Bharti Sharma, who alleged that Mahindra and its authorised dealer...
'For Public Welfare': CCI Closes Case Against Keralam's Priyadarshini Scheme Offering Free KSRTC Travel To Women
The Competition Commission of India on Tuesday closed proceedings against the State of Kerala and Kerala State Road Transport Corporation (KSRTC) over allegations that the Priyadarshini Scheme, a key promise of the newly elected Congress-led United Democratic Front Government, gave KSRTC an unfair competitive advantage over private stage carriage operators.The Scheme provides free travel to women and transgender persons on KSRTC buses. The Commission held that the State-funded welfare measure...
CCI Closes Antitrust Inquiry Into Winzo's Complaint Against Google After Online Real Money Gaming Ban
The Competition Commission of India (CCI) on Tuesday closed its inquiry into Google following a complaint by Winzo Games Private Limited alleging abuse of dominant position in relation to the distribution and advertising of real-money gaming (RMG) applications.The Commission took note of the Promotion and Regulation of Online Gaming Act, 2025, which prohibits online money games and their distribution and advertising. It held that the reliefs sought by Winzo could no longer be granted under the...
CCI Finds No Prima Facie Case Of Dominance Abuse Against Vygon India, Closes Information
The Competition Commission of India (CCI) on 3 September closed a complaint filed against Vygon India Private Limited alleging abuse of dominant position and anti-competitive vertical restraints in its dealership arrangement. A Bench comprising Chairperson Ravneet Kaur with Members Sweta Kakkad and Deepak Anurag held: “...the Commission finds that no prima facie case of contravention of the provisions of Sections 3(4) or 4 of the Act is made out against the OP in the instant matter.” Vibrant...
CCI Orders Trustees' Association, Three Others To Stop Collective Fee Fixing For Debenture Trustee Services
The Competition Commission of India has found that the Trustees' Association of India, IDBI Trusteeship Services Limited, Axis Trustee Services Limited, and SBI CAP Trustee Company Limited engaged in anti-competitive conduct by collectively fixing a benchmark price for debenture trusteeship services. The Commission, in an order dated September 2, 2026, directed the four entities to cease and desist from the conduct. Certain officials of these entities were also found liable under the...
CCI Approves Kids Clinic India's Acquisition Of Apollo Fertility And Apollo Specialty Hospitals
On 1 September, the Competition Commission of India (CCI) approved the proposed acquisition of up to 100% equity shareholding in Apollo Fertility Centre Private Limited (AFCPL) and Apollo Specialty Hospitals Private Limited (ASHPL) by Kids Clinic India Limited (KCIL), which operates the Cloudnine chain of hospitals. The transaction will take place in three steps. First, KCIL will acquire up to the entire equity shareholding in AFCPL and ASHPL. As part of the consideration, Apollo Health and...