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Tag: CCI

Retail Asia25/05/2018
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General

Walmart India, Flipkart top executives meet CCI

5min
Top executives of Walmart India and Flipkart on Wednesday met fair trade regulator CCI to explain their activities in the country, days after submitting an application seeking approval for their $16-billion mega merger deal. While there was no official word on the meeting, sources said it was a “courtesy call” by the executives of the […]
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Retail Asia16/11/2017
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Food

Alibaba seeks approval to buy stake in India’s BigBasket

1min0
Chinese internet giant Alibaba is seeking Competition Commission of India (CCI) approval to acquire a stake in online grocery startup BigBasket. Financial details have not been disclosed in the CCI filing, which relates to “the acquisition and purchase of shares” of BigBasket parent Supermarket Grocery Supplies by Alibaba Singapore. Alibaba Group Holding and its Indian […]
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Retail Asia26/07/2017
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Telecom

CCI clears Vodafone-Idea merger

2min0
The Competition Commission of India has approved the proposed merger between Indian operators Vodafone India and Idea Cellular, which would create the market’s largest mobile operator by subscribers. The regulator has cleared a proposal that would see Vodafone initially holding a 50% stake in the combined company, Idea’s major shareholder the Aditya Birla Group holding […]
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