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…
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…
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…