Ministry of Corporate Affairs The Competition Commission of India (CCI) approves the acquisition of stake by Axis Bank Limited, Axis Capital Limited and Axis Securities Limited in Max Life Insurance Company Limited. Axis Bank Limited provides services in retail banking, which includes retail lending and retail deposits, wholesale banking, payment solutions, wealth management, forex and…
CCI approves acquisition of a minority stake in Aditya Birla Fashion and Retail Limited (ABFRL) by Flipkart Investments Private Limited (FIPL)
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves acquisition of a minority stake in Aditya Birla Fashion and Retail Limited (ABFRL) by Flipkart Investments Private Limited (FIPL). FIPL is a newly incorporated company and is a wholly owned subsidiary of Flipkart Private Limited (FPL). FPL belongs to the Walmart Group, which comprises…
CCI approves the acquisition of stake by Axis Bank Limited, Axis Capital Limited and Axis Securities Limited in Max Life Insurance Company Limited
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves the acquisition of stake by Axis Bank Limited, Axis Capital Limited and Axis Securities Limited in Max Life Insurance Company Limited. Axis Bank Limited provides services in retail banking, which includes retail lending and retail deposits, wholesale banking, payment solutions, wealth management, forex and…
CCI approves acquisition of a minority stake in Aditya Birla Fashion and Retail Limited (ABFRL) by Flipkart Investments Private Limited (FIPL)
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves acquisition of a minority stake in Aditya Birla Fashion and Retail Limited (ABFRL) by Flipkart Investments Private Limited (FIPL). FIPL is a newly incorporated company and is a wholly owned subsidiary of Flipkart Private Limited (FPL). FPL belongs to the Walmart Group, which comprises…
CCI approves acquisition of stake in Ecom by PG Esmeralda
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves acquisition of stake in Ecom by PG Esmeralda. The proposed combination envisages acquisition of stake in Ecom Express Private Limited (Ecom) by PG Esmeralda Pte. Limited (PG Esmeralda). PG Esmeralda is controlled by investment entities that are ultimately controlled by Partners Group AG or its…
CCI approves Proposed Combination in acquisition of 100% equity interest and joint control in Virtusa Corporation by Austin HoldCo., GIC Investor and CPPIB Investor
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves the Proposed Combination relating to the acquisition of 100% equity interest and joint control in Virtusa Corporation by Austin HoldCo., GIC Investor and CPPIB Investor. The Proposed Combination relates to the acquisition of 100% equity interest and joint control in Virtusa Corporation (Virtusa) by…
CCI approves acquisition by Total SE through its subsidiary Total Renewables SAS in share capital of Adani Green Energy Limited
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves acquisition by Total SE (‘Total/Acquirer’) through its subsidiary Total Renewables SAS in share capital of Adani Green Energy Limited (“AGEL”) under Section 31(1) of the Competition Act, 2002, today The Proposed Combination entails minority investment by Total SE, through its wholly owned subsidiary Total…
CCI approves acquisition of 100% shareholding of the Columbia Asia Hospitals Private Limited by Manipal Health Enterprises Private Limited
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves acquisition of 100% shareholding of the Columbia Asia Hospitals Private Limited by Manipal Health Enterprises Private Limited. Manipal Health Enterprises Private Limited (Acquirer/MHEPL) is a part of Manipal Educational and Medical Group, operating a network of hospitals, providing multi-specialty care. Its focus is to…
CCI approves the proposed amalgamation of Srikalahasthi Pipes Limited (SPL) with and into Electrosteel Castings Limited (ECL)
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves the proposed amalgamation of Srikalahasthi Pipes Limited (SPL) with and into Electrosteel Castings Limited (ECL) under Section 31(1) of the Competition Act, 2002, today. ECL is a publicly listed company in India and ultimate holding company of the Electrosteel group of companies. It is…
Cabinet approves Mutual Recognition Agreement between ICAI, India and MICPA, Malaysia
Cabinet approves Mutual Recognition Agreement between ICAI, India and MICPA, Malaysia Ministry of Corporate Affairs The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Mutual Recognition Agreement between the Institute of Chartered Accounts of India (ICAI) and the Malaysian Institute of Certified Public Accountants (MICPA) to enable appropriately qualified CA…