Tag: Cci

The plea for interim relief was filed by the Alliance of Digital India Foundation (ADIF) in the CCI last October.

As regards failure to notify combination in terms of the obligation cast under Section 6(2) of the Act, Section 43A of the Act enables the Commission to impose a penalty, which may extend to 1 per cent of the total turnover or the assets, whichever is higher, of such a combination.

Bhubaneswar: The Project Monitoring Group (PMG) of the Cabinet Committee on Investment (CCI) today expressed its satisfaction over implementation of at least 32 projects across sectors like steel, power, coal mining and railways. “There has been substantial progress in implementation of projects. State machinery has acted very proactively and resolved issues raised by the project […]

Bhubaneswar: With at least 44 different major projects under different stages of implementation in Odisha the Prime Minister’s Office today pointed out land acquisition as a major challange which needs to be fixed as soon as possible. The issue relating to the implementation of the projects was discussed at a high level meeting here attended […]

New Delhi: Fair trade regulator CCI has imposed a penalty of Rs 3.86 lakh on Dumper Owners’ Association and its office bearers for indulging in unfair business practices with respect to rates for providing dumper services within the Paradip Port, Odisha. CCI has also asked the grouping to “cease and desist” from indulging in anti-competitive […]

New Delhi: Urging the Competition Commission to prepare for dealing with new challenges, Finance Minister Nirmala Sitharaman on Friday said there is a need to protect Indian enterprises from excessive abuse in terms of competition from international players in the changed global economic order. Sitharaman, who also holds the corporate affairs ministry portfolio, flagged the […]

Bhubaneswar: The Competition Commission of India (CCI) has approved the proposed 49% acquisition of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL). In June, Adani Power announced to acquire US-based The AES Corporation’s 49 per cent stake in OPGC for USD 135 million (around Rs 1,019 […]

New Delhi: The Competition Commission of India (CCI) has approved the acquisition of shares of Odisha Power Generation Corporation Ltd (OPGC) by Odisha Hydro Power Corporation Limited (OHPC) under Section 31(1) of the Competition Act, 2002. OHPC, a PSU wholly-owned and controlled by the Odisha government, is engaged in the business of generation of power […]