#cci
NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearing
The appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear the Aditya Birla Group firm again. NCLAT found Grasim was not given a chance to present arguments after the CCI differed…
NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearing
The appellate tribunal NCLAT has overturned a Rs 301.6-crore penalty against Grasim Industries. The fair trade regulator CCI must now hear the Aditya Birla Group firm again. NCLAT found Grasim was not given a chance to present arguments after the CCI differed…
NCLAT sets aside ₹301.61 crore CCI penalty on Grasim, orders fresh hearing
The appellate tribunal said due process was not followed in imposing the penalty and sent the case back to the regulator for reconsideration.
CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG deal
The Competition Commission of India has once again rejected AGI Greenpac's challenge. The regulator upheld the green channel approval for Independent Sugar Corporation's acquisition of Hindusthan National Glass & Industries. AGI Greenpac's concerns about undi…
CCI clears Mizuho Securities stake purchase in Avendus Capital
The regulator also cleared the merger of agri firms into BN Agrochem Ltd and approved investments by Macquarie Group Ltd’s infrastructure fund in road asset entities.