CCI Approves Proposed Acquisition Of 2.8% Stake In Shriram Life Insurance By Sanlam Emerging Markets

The Competition Commission of India has approved the proposed acquisition of a 2.80% stake in Shriram Life Insurance Company Limited (SLIC) by Sanlam Emerging Markets (Mauritius) Ltd (SEMM).According to a press release issued by the Commission on Tuesday, the proposed combination involves SEMM acquiring 2.80% of the expanded equity capital of SLIC through a preferential issue of shares.SEMM, a Mauritius based company forming part of the Sanlam Group of South Africa, is a strategic partner of the...

Chandigarh Airport Taxi Licence Not Exclusive, CCI Closes Complaint Against Nanuan Travels Operator

The Competition Commission of India (CCI) on Monday closed a complaint filed by a solo cab driver against Nanuan Travels and Shaheed Bhagat Singh International Airport, Mohali, alleging anti-competitive conduct arising from Nanuan's licence to operate taxi services at the airport. In an order dated June 8, 2026, Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad and Deepak Anurag observed that the license granted to Nanuan Travels did not confer an exclusive right to operate taxi...

CCI Closes Abuse of Dominance Complaint Against InVideo AI Over Subscription Dispute

The Competition Commission of India on Thursday closed an abuse of dominance case against InVideo AI, a cloud-based digital video generation and translation platform. It held that a subscriber's grievances over cancellation of his subscription and denial of promised credits were essentially a private dispute and did not raise any competition law concerns. A bench comprising Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad and Deepak Anurag declined to order an investigation...

CCI Orders Probe Into Mrs India Inc Over Restrictive Conditions Imposed On Pageant Participants

The Competition Commission of India (CCI) on Tuesday ordered a Director General investigation into Mrs. India Inc. The Commission prima facie found that certain conditions imposed on participants and winners of its beauty pageants appeared to prevent them from entering other beauty pageants for five years, undertaking professional engagements without approval, and requiring them to associate only with social causes recognised by the organiser. A coram of Chairperson Ravneet Kaur and Members...

CCI Approves UPL Restructuring Plan To Consolidate India, Global Crop Protection Businesses

The Competition Commission of India (CCI) on Tuesday approved a proposed combination involving the restructuring of UPL group companies and several investment entities, under which UPL's India and global crop protection businesses will be brought under a single group entity. According to a press release issued by the Commission, the transaction involves UPL Limited, UPL Sustainable Agri Solutions Limited, UPL Global Sustainable Agri Solutions Limited, UPL Crop Protection Holdings Limited, TPG...

CCI Approves Tata International Singapore-Mercuria Joint Venture For Global Commodities Trading

The Competition Commission of India on Tuesday approved the proposed formation of a joint venture company between Mercuria Energy Netherlands B.V., a subsidiary of Mercuria Energy Group Limited, and Tata International Singapore (Pte) Ltd (TISPL).According to a press release issued by the Commission, the transaction involves Mercuria and TISPL entering into an agreement to establish a joint venture company in the Dubai International Financial Centre, United Arab Emirates, along with certain...

CCI Closes Complaint Against Rapido Over Alleged Use Of Private Vehicles For Bike Taxi Services

Observing that allegations relating to vehicle permits, tax remittances, and other regulatory compliance issues fell outside the scope of competition law, the Competition Commission of India has rejected a complaint filed against Rapido over claims that the ride-hailing platform distorted competition through its bike-taxi and pricing practices. A coram of Chairperson Ravneet Kaur and Members Anil Agrawal, Sweta Kakkad, and Deepak Anurag passed the order on information filed by Deep Chandra...

CCI Closes Abuse Of Dominance Cases Against 12 Private Delhi NCR Hospitals Over Excessive Pricing Allegations

The Competition Commission of India (CCI) has closed abuse of dominance proceedings against 12 private super-specialty hospitals in Delhi NCR, including Max Super Speciality Hospital, Fortis, Indraprastha Apollo, and St. Stephen's. It rejected the Director General's findings that the hospitals abused their dominance by allegedly charging excessive prices for medicines, consumables, medical devices, tests, and room rents. In a set of materially similar orders, a bench comprising CCI Chairperson...

CCI Approves Chinese WOK Operator's Proposed Acquisition Of Stake In Burger King India Franchisee

The Competition Commission of India has approved the proposed acquisition of a certain stake in Burger King India franchisee Restaurant Brands Asia Limited by Chinese WOK operator Lenexis Foodworks and other acquirers. The proposed transaction will be carried out through equity subscriptions, warrant subscriptions, equity purchases, and an open offer. The other acquirers are Aayush Agrawal Trust, Inspira Foodworks Private Limited, Aayush Madhusudan Agrawal, and Inspira Agro Trading LLC. ...

CCI Approves Thriveni Earthmovers' Stake Purchase In Lloyds Engineering, Three-Entity Merger

The Competition Commission of India has approved a proposed combination involving acquisition of a 7.14% stake in Lloyds Engineering Works Limited (LEWL) by Thriveni Earthmovers Private Limited (TEMPL) and merger of three entities into LEWL.The proposed transaction includes acquisition of 7.14% shareholding in LEWL by TEMPL through a block deal executed on the Bombay Stock Exchange.The combination also envisages merger by absorption of Lloyds Infrastructure & Construction Limited (LICL),...

CCI Approves Adani Power's Proposed Acquisition Of GVK Energy Under IBC Resolution Process

The Competition Commission of India has approved Adani Power Limited's proposed acquisition of 100% share capital and control of GVK Energy Limited. The transaction arises from the corporate insolvency resolution process initiated against GVK Energy under the Insolvency and Bankruptcy Code, 2016. Listed on the BSE and NSE, Adani Power is a private thermal power producer. Its plants are spread across Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, Jharkhand, and Tamil...

CCI Orders Probe Into Pernod Ricard, Others Over Alleged Anti-Competitive Conduct In Delhi Liquor Market

The Competition Commission of India (CCI) recently ordered an investigation into alleged anti-competitive arrangements between Pernod Ricard, the multinational spirits and wines company behind brands such as Royal Stag, Blenders Pride, and Chivas Regal, and a set of wholesalers and retailers in Delhi's liquor market under the now-scrapped Delhi Excise Policy, 2021-22. “In view of the foregoing, the Commission is of the prima facie view that the restrictive conduct by Pernod Ricard with its...