Cci Approval

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CCI clears Mirae Group's minority stake buy in Shadowfax Technologies

The Mirae Group entities undertake venture investments and are ultimately directly or indirectly controlled by the global investment manager Mirae Group.

Exclusive: Zomato may not need CCI nod to merge Blinkit's India ops, will use 'De Minimis' exemption

Moneycontrol learns that Zomato may not need CCI's nod to acquire online grocer Blinkit. Both parties have already signed a preliminary term sheet, and the next step now is to sign a definitive agreement

M&A deals: More clarity on applicability of CCI norms

Providing clarity on regulatory requirements, the government today said all forms of M&A deals falling within the stipulated threshold limits for turnover and assets will not require CCI approval.

Walmart gets CCI nod to buy Bharti's stake in Indian JV

The JV, Bharti Wal-Mart Private Ltd, was set up to operate wholesale stores under the Best Price Modern Wholesale brand and it presently owns 19 such wholesale cash and carry stores across India. It was not catering directly to retail consumers in the country.

New M&A norms won't hamper industry, says CCI

One may consider May 31 as an auspicious day for mergers and acquisitions, however, India Inc is rushing to complete the deals before the new merger control norms come into effect on June 1. All companies will need CCI approval before finalising a combination agreement, reports CNBC-TV18’s Malvika Jain.