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Pair advise on USD5.3bn Bolloré Logistics sale to CMA CGM
Willkie Farr & Gallagher and Khaitan & Co have advised on the Bolloré Group’s EUR4.85 billion (USD5.3 billion) sale of its logistics subsidiary to shipping company CMA CGM.
Khaitan advised on the Indian law aspects...
New MCA policy standardises review of existing regulations
The Ministry of Corporate Affairs (MCA) has introduced a new policy that requires regulators to conduct pre-legislative consultations and a full review of existing rules and regulations.
The policy aims to increase transparency, engagement with...
CCI flags draft penalty rules to competition law
The Competition Commission of India (CCI) has proposed a set of draft penalty regulations in response to recent amendments to the country’s competition law.
Under these proposed regulations, indirect taxes, trade discounts and intra-group sales...
India watchdog sets fees to expedite antitrust case disposals
India’s antitrust watchdog has introduced filing fees for miscellaneous applications related to antitrust proceedings in a major effort to discourage frivolous cases.
The filing fee varies from INR500 (USD6.25) to INR5,000 based on the applicant’s...
2023 – The legal year in review
From artificial intelligence and de-risking from China to energy transitions and global taxation, law firms and in-house counsel had plenty to keep them busy in 2023. George W Russell looks back at an eventful...
The almighty stamp
Court judgment leaves disputes community unhappy
Earlier this year, the Supreme Court of India delivered a controversial ruling, which stirred heated debates and concern among disputes lawyers across India.
The judgment, rendered by a five-judge Constitutional...
Making room for confessions
The inclusion of the settlement and commitment regulations in the amended competition law is set to boost the credibility of India’s antitrust commission and promote fair play in the market. But stakeholders see room...
CCI proposes deal value threshold on mergers
When India’s two largest multiplex chains – PVR and Inox Leisure – merged in March 2022, the antitrust watchdog was helpless. The blockbuster deal managed to sidestep regulatory scrutiny because the turnover fell below...
New CCI commissioners act to clear merger filings
The government's appointment of three new commissioners on 19 September helped to resolve a quorum issue that had plagued the Competition Commission of India (CCI) after former chairman Ashok Kumar Gupta retired in late...
SAM secures CCI approval on Centella Mauritius, TPG share deals
Shardul Amarchand Mangaldas & Co (SAM) has represented Centella Mauritius Holdings, an affiliate of TPG, before the Competition Commission of India (CCI), securing unconditional approval of share deals.
This case involved Centella’s proposed acquisition of...
CCI publishes draft regulations on settlements, commitments
Our previous article on the Competition (Amendment) Act, 2023, drew attention to several amendments that had not been implemented since the Competition Commission of India (CCI) had yet to finalise the accompanying regulations. These...
Growing pains in startup crib
Turmoil within high-profile unicorns, a downturn in funding and an investor emphasis on profitability have resulted in a picture for startups that is not so rosy. Indrajit Basu reports
Startups were called “the backbone of...
Law is keeping up with the competition
During the past few months, a number of important legislative and institutional changes have taken place in the competition law regulatory framework.
The Competition (Amendment) Act, 2023 (amendment act), was passed into law in April,...
Full speed ahead
Foreign firms grab the reins to fuel India Inc’s rising ambitions. Vandana Chatlani reports
The past year has been one of renewed optimism. India overtook the UK to become the world’s fifth-largest economy, with the...
Home and profits are where the heart is
Some startups in India have set up foreign holding companies (HoldCo), attracting investment from venture capital and private equity funds. Often, HoldCos have been formed through restructuring, also known as externalisation or flipping, taking...
Mixed signals
India has opened its legal market, but regulatory uncertainties and domestic opposition give foreign law firms pause for thought. By Freny Patel
India’s Bar Council has at last agreed with repeated calls from the international...
Indian Law Firm Awards 2023
Recognising and rewarding exceptional legal work. Katherine Abraham reports
India’s legal industry is experiencing a surge in activity, driven by increased deal-flow and record-breaking IPOs. While the most recognised law firms continue to dominate on...
Developments in India’s big-tech regulation
Big-tech regulation has gathered steam across the globe and India is no exception. While issues around data privacy and intermediary liability have long been a point of contention in this debate, active regulatory intervention...
Junk charges buy you just nothing
It has become the practice of consumers, in concluding their transactions, to ignore the fine print of supporting documents. Particularly in the online purchase of products and services, consumers overlook charges additional to the...
Before not after regulation for digital markets
Sustained interest from private equity and venture capital investors has led India to become the third largest global startup ecosystem, with over 100 unicorns. Its digital economy is projected to reach USD1 trillion by...
CCI in limbo
Competition regulator struggles amid M&A boom
For India, 2022 continued to be a great year for M&A, with deal values soaring to USD119 billion as per data from Refinitiv – a 156% increase compared to...
Proxy wars in patent litigation: Not always a viable strategy
A recent decision by the Competition Commission of India has put the lid on infringers with frivolous patent allegations
There has been a proliferation of proxy wars for patent supremacy in recent years. What is...
CCI in paralysis
Government indecision on a major appointment to India's antitrust watchdog has left it in a regulatory limbo, unable to properly enforce or protect, Freny Patel reports.
The government’s failure to fill the empty chairman’s seat...
Deals of the year 2022
India Business Law Journal reveals the standout deals and disputes of 2022 and the law firms that showed their worth in successfully concluding them
Despite concerns of a resurgence in covid-19 cases at the beginning...
Future Legal Leaders 2023
What are the winning traits of lawyers that make them stand out to their clients and peers? Stanley Le reports
Access The List
This year’s search for Future Legal Leaders begins with the winning traits of...
The big squeeze
Should India tighten its grip over international technology companies, or will this approach backfire and cause them to reconsider growth plans in India? Freny Patel reports
India is entering 2023 with policy changes that could...
NCLAT delivers landmark ruling in tyre cartelisation case
The National Company Law Appellate Tribunal (NCLAT) delivered a landmark judgment in a cartelisation case where it ordered the CCI to review fines imposed on five domestic tyre manufacturing companies and the Automotive Tyre...
The A-List 2022-23
Based on an extensive survey of in-house counsel and international legal professionals, we reveal India’s most recommended lawyers. Chandu Gopalakrishnan reports
Access the A-List 2022-23
There is nothing more satisfying than becoming a lawyer if you...
Caught in the crosshairs
Fierce campaign to tame online space
The digital sphere has been firmly in the sights of the government. When the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, were announced last year,...
Keymasters
As the world acknowledges the real threat of global recession, where and how a Company should invest has never been more challenging. General counsel hold the keys To unlocking opportunity, and more than ever...
No room at the inn for inept acquisition
Hotel acquisition, as the name suggests, refers to property investments that lead to the acquisition, running and operation of hotels. Many aspects of property acquisition in general are similar, but as with other acquisitions...
The future cost of deal valuation notifications
Antitrust regulators the world over have begun to reassess their regulatory frameworks after several high-value acquisitions of entities in the digital space were recently completed without merger control scrutiny. India is no different. Although...
Much needed revamp
Changes proposed to competition act see mixed response
The introduction of the Competition (Amendment) Bill, 2022, seeks to overhaul the competition law framework in India. Several competition law practitioners have hailed the bill for its...
World watches fallout from Google antitrust penalties
Google was hit twice in October with hefty fines from the Indian antitrust watchdog for abusing its dominant position in the Android mobile operating system market and its Play Store policies.
The significant size of the penalties...
Juris represents CCI over broadcasters’ writs against probe
Juris Corp successfully represented the Competition Commission of India (CCI) in opposing the writ petitions filed by three broadcasting companies before the Bombay High Court.
The three companies, Asianet Star Communications, Disney Broadcasting India and...
Black & white
While the decision to update the competition act is commendable there are significant negatives, including the potential abuse of power, that lawyers say make the pending bill’s success anything but clear. Freny Patel reports
India’s...
SAM, Trilegal advise Sony and Zee as CCI clears merger
The Competition Commission of India (CCI) has cleared the proposed Sony-ZEE merger on 4 October 2022 subject to certain modifications. Trilegal advised ZEE Entertainment Enterprises (ZEE) and Essel Group in securing the approval, while...
Khaitan key to CCI approval of USD1.6bn Axis-Citi deal
Khaitan & Co helped Axis Bank in gaining the green light in record time for its INR123 billion (USD1.6 billion) acquisition of Citibank’s Indian consumer business.
The Competition Commission of India (CCI) gave Axis Bank,...
E-doping needs e-laws to keep Esports clean
While the electronic sports (Esports) industry has always been popular amongst the young, its global growth accelerated, dramatically, because of the covid-19 pandemic. This applied to all segments i.e., players, viewers and investors, fuelled...
Rules of engagement
There are two different rulebooks for dealing with anti-competitive behaviour around the world. Respected legal academic Souvik Chatterji analyses the differences from an India perspective and explains how one makes for quicker and more...
Bouncing back
As business and travel edge back to normal after the pandemic, which foreign law firms are leading the field with their India offerings? Vandana Chatlani finds out
See earlier editions of this report
F
ollowing a swift...
Condition critical
A conflict has played out before several judicial forums over the fate of Future Retail, a company in grave health with creditors and two of the world’s richest men entangled in its fate. Freny...
CCI updates confidentiality regime
The Competition Commission of India (CCI) has amended the confidentiality regime to restrict access to commercially sensitive information by unauthorised parties via the Competition Commission of India (General) Amendment Regulations, 2022.
It has also introduced...
Crystal gazing into the future of competition and digital markets
The rise in the use of digital platforms and emerging technology has forced competition regulators globally to keep up, innovate and widen their competition assessment tools. The Competition Commission of India (CCI) is not...
Eyes wide shut
The decision to exempt mergers below certain thresholds from the CCI’s gaze has starkly divided opinions among competition lawyers, writes Freny Patel
A lot is riding on the government extending the de minimis exemption benefit...
Indian Law Firm Awards 2022
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In a celebration of hard work, ingenuity and excellence, India Business Law Journal reveals the winners of the 2022 Indian Law Firm Awards. Vandana Chatlani reports
In the past 12...
Building trust
No legacy as rich as honesty
The world’s richest man Elon Musk’s move to take over Twitter has the world engrossed. Twitter’s hope of finding a white knight, a counter-offer to fend off Musk’s hostile...
Interoperability and data portability not market power busters
Earlier this year, the Competition Commission of India (CCI) hosted a workshop on the startup ecosystem and competition. Views emerged that data portability and interoperability can address market power concerns in digital markets. While...
CCI amends M&A Form II format
The Competition Commission of India (CCI) has notified, on 31 March 2022, regarding a revision to the Form II long form used by companies for merger notification.
The amendment to Form II will be effective...
CCI’s hands tied in debt trustee dispute
India’s antitrust probe into the alleged collusion over fees charged by debt trustees of the State Bank of India, Axis Bank and IDBI Bank took a back seat following an intervention by the Bombay...
EU’s Digital Markets Act and implications for Big Tech
According to a press statement issued on 25 March, the European Council and the European Parliament have struck a provisional political agreement on the Digital Markets Act (DMA act). The act classifies platforms in...
Don’t ignore CCI’s teeth
A more considered approach to investigations during tough pandemic times should not be construed as less commitment from the Competition Commission of India’s plans to ensure fair competition, write its Former Chair Dhanendra Kumar...
Trilegal counsels Ola on NCLAT win
Trilegal advised Ola Cabs when the National Company Law Appellate Tribunal on 7 January dismissed appeals filed by rival cab companies Meru Travels and Fast Track.
The appeals pertained to a 2017 order of the...
CCI now cracking down hard on cartels
The recent order of the Competition Commission of India (CCI) penalising a cartel has put the focus on implementing a robust competition compliance policy. The CCI held that four Japanese shipping companies, Nippon Yusen...
CCI’s penalty orders need guidance, consistency
The Competition Act, 2002 (act), gives wide discretion to the Competition Commission of India (CCI) to penalise enterprises and individuals for engaging in anti-competitive practices. Under section 27(b), the CCI can impose a penalty...
CCI theoretical analysis of vertical agreements not practical
Anti-competitive agreements are dealt with under section 3 of the Competition Act, 2002 (act). Section 3(4) prohibits vertical agreements between enterprises or persons at different levels of the production and supply chains that cause...
Deconstructing AI
Hype and hysteria over artificial intelligence must be tempered to prevent knee-jerk reactions from regulators and to ensure India can reap the benefits cutting edge technology offers, write Abhivardhan and Mridutpal Bhattacharyya
To its boosters,...
Deals of the Year
Deals of the year 2022
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S&R, Touchstone, Trilegal assist IRB equity fundraise
S&R Associates represented NSE and BSE-listed IRB Infrastructure Developers in its INR53.47 billion (USD713.5 million) preferential equity issue on a private placement basis to Cintra INR Investments for a 24.9% stake, and Bricklayers Investment...
Private equity and its impact on competition
The Competition Commission of India (CCI) is presently studying private equity (PE) investment in India in order to understand the impact that common ownership may have on competition in the relevant market. The decision...
When does CCI consider low pricing predatory?
Predatory pricing can be an abuse of dominance under Indian competition law. While the Competition Commission of India (CCI) is yet to issue a final ruling on predatory pricing by an enterprise, its decisions...
CCI throws curveball in Amazon-Future saga
A penalty of USD27 million imposed on Amazon might just be petty change for the USD1.6 trillion-dollar tech giant, but there is much more at stake, not just for the US e-tailer but more...
Trilegal, Khaitan assist India leg of Veolia-Suez merger
Trilegal advised France-based resource management group Veolia Environnement when India’s antitrust regulator approved its proposed acquisition of a stake in like-minded French multinational Suez, in a deal that values the latter at about USD14.5...
Chandhiok assists Intel’s CCI clearance
Chandhiok & Mahajan advised Intel when the Competition Commission of India (CCI) recently passed an order stating that the chip maker had not abused its dominance of the market regarding processors for servers in...
Return flight
The USD2.4 billion divestment of national carrier Air India, which was nationalised in 1953, means the airline is returning to its original owners, the Tata Group. Freny Patel explores the background to this momentous...
Competition law needs framework for private enforcement
Competition law jurisprudence in India has evolved significantly since the Competition Act, 2002 (act), came into force. However, the private enforcement of competition law infringement is yet to take off.
Private enforcement claims can only...
Challenges in defining relevant markets for digital businesses
Defining the relevant market is the first and most significant step of antitrust analysis. It sets the scope of that analysis and provides a structure and foundation for the economic and legal assessment within...
Devil in the e-detail
The government is keen to support the growth of online trade, but its draft e-commerce rules could have the opposite effect. Freny Patel reports
India’s draft e-commerce rules have come under fire from industry experts...
Are territorial restrictions anti-competitive?
Exclusive distribution agreements restrict or limit the supply, sale or distribution of a product or service to a defined area or to a category of customers. Broadly speaking, these arrangements can take two forms:...
CCI pours beer companies hefty penalty
India’s antitrust watchdog has nailed United Breweries, Carlsberg India and Anheuser Busch InBev (AB InBev) for indulging in cartelisation, and the All India Brewers Association has not been spared either for the role it...
CCI puts brakes on Maruti discount controls
The Competition Commission of India (CCI) in August fined India’s leading automobile manufacturer, Maruti Suzuki, for dictating the discounts that dealers can offer, and penalising dealerships and individuals when they failed to toe the...
Striking a balance with competing confidentiality interests
Confidentiality processes and procedures are among the most significant components of any competition enforcement framework. In April 2021, the Competition Commission of India (CCI) published a draft proposal for public comment, to revisit the...
Trilegal, SAM, AZB advise on Prosus acquisition of BillDesk
A team of more than 40 lawyers from Trilegal advised Euronext Amsterdam-listed Prosus when it agreed to a INR345 billion (USD4.7 billion) acquisition, via its fintech subsidiary PayU, of digital payments provider IdeasIndia.com, which...
Mapping global expertise
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Karnataka court clears way for CCI e-commerce probe
On 11 June 2021, the Karnataka High Court dismissed Amazon and Flipkart’s writ petition challenging the Competition Commission of India’s (CCI) probe against the pair’s alleged anti-competitive business practices. On the basis of information...
Regulating e-commerce: Do we see oversight or an overdose?
The Ministry of Consumer Affairs, Food and Public Distribution recently proposed amendments to the Consumer Protection (E-commerce) Rules, 2020 (rules). The rules came into force in 2020 and were framed under section 101(2)(zg) of the...
L&L takes on competition expert
Competition specialist Kunal Mehra has joined L&L Partners’ New Delhi office as a partner. Mehra joins from Dua Associates, where he was a partner for six years and focused on competition law and M&A.
Mehra...
Challenging tabooze
A conversation with Anand Vijay Jha, a former regulator, who has switched sides to head public policy at United Breweries. He talks to Freny Patel about taking on the challenging task of changing the...
WhatsApp shutters plan to enforce privacy update
Who would have imagined India, without a data privacy law, could make the Facebook-owned messaging service, WhatsApp, change its stance and adopt a more favourable approach to its privacy policy update? This is a...
Indian Law Firm Awards 2021
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Vandana Chatlani reports
India has faced a terrible year battling the covid-19 pandemic. Companies and law firm offices shut shop. Homes were turned into work spaces, and lawyers relied on...
Can dominant enterprises refuse to deal?
Abuse of dominance takes many forms. One such form is the refusal to deal. Not every instance of a refusal to deal infringes competition laws. Since competition laws look to preserve and protect competition,...
AZB, CAM and Khaitan assist in Gangavaram Port acquisition
Cyril Amarchand Mangaldas advised Adani Ports and Special Economic Zone when it acquired a 58.1% stake in Gangavaram Port from the promoters, DVS Raju and family, for ₹36.04 billion (US$497 million) in a deal...
Data protection becomes a competition issue
Advances in technology and digitisation have led to an increasing focus on the collection and storage of personal data. The collection, storage and use of such data as customers’ contact details and search preferences...
Insurance in bloom
The foreign ownership cap for the sector is set to be raised to 74%, but prospective investors are waiting for details of yet-to-be announced 'safeguards' before they have a flutter. Freny Patel reports
The proposal...
Law firms busy on ReNew Power’s massive SPAC deal
Some of India’s top law firms were among several who worked on a US$8 billion deal involving a special purpose acquisition corporation (SPAC) that will enable ReNew Power to list on the Nasdaq.
When finalised,...
The CCI should be more coherent and enterprising
The competition regime permits assessments of allegations of abuse of dominance against an enterprise under section 4 of the Competition Act, 2002 (act). An enterprise is liberally defined in the act to include a...
Competition watchdog breaks data privacy silence
India’s antitrust authority has finally broken its silence and identified the relationship between data privacy and competition. But although the market study on the telecommunications industry touched upon data privacy issues, the Competition Commission of India (CCI) fell short...
Manchanda joins partnership at Chandhiok
Deeksha Manchanda has been inducted into the partnership of Chandhiok & Mahajan.
Previously a counsel at the firm working in the competition and regulatory practice areas, Manchanda specializes in advising clients on all aspects of...
Deals of the Year
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Settlements and commitments are the way forward
In 2019, the Competition Law Review Committee published its report proposing the introduction of a settlement and commitment regime to speed up the resolution of cases. In 2020, the Ministry of Corporate Affairs published...
SC expands role of informant under Competition Law
In a noteworthy judgment pronounced by the Supreme Court, the locus standi (right or capacity to bring an action or to appear in a court) of a person as an informant in matters pertaining...
Platinum Partners splits into two new law firms
Platinum Partners separated into two entities in November, with founder Karam Daulet-Singh starting Touchstone Partners, while partner Ankit Majmudar started Quillon Partners.
Touchstone has about 35 lawyers including six partners, while Quillon has 25 lawyers...
Competition law and problems of common ownership
The Competition Commission of India (CCI) recently announced that it will study common ownership by minority shareholders through private equity (PE) funds and its impact on competition. This announcement has drawn attention to competition...
CCI cuts merger review disclosure requirements
Parties seeking merger clearance can sigh with relief, as India has done away with the disclosure requirements governing non-compete clauses.
In November, the Competition Commission of India (CCI) announced that parties to a combination (merger/ acquisition)...
Non-personal data and antitrust: Much ado about nothing?
The report on Non-Personal Data Governance Framework (report) espouses the need for open data to encourage competition and to provide a level playing field among other things. To that end, the report makes substantial...
IC Universal, Trilegal assist sale of Eastern stake to Orkla
IC Universal Legal advised Eastern Condiments when it agreed to a 67.8% stake sale to Oslo stock exchange-listed Orkla. Trilegal advised both Orkla and Orkla’s Bengaluru-based subsidiary, MTR Foods, through which it is making...
CCI on cartels: Object outweighs the effect
The Competition Commission of India (CCI) decides an allegation of cartelization using two factors. It decides whether the conduct amounts to an agreement under section 3(3) of the Competition Act, 2002 (act), and, if...
Truly securing social security for gig workers
The gig economy offers temporary contractual jobs on a short-term or freelance basis, with remuneration based on the tasks completed. India provides 40% of the freelance jobs offered globally, with transportation firms like Ola,...
Argus assists in no-penalty cartel case
Argus Partners acted on behalf of Industrial Laminates (India), its director Saleh Najmuddin Mithiborwala and employee Virender Singh Negi before the Competition Commission of India (CCI) when the company was recently found to be...
CCI gives nod to IFF acquisition of DuPont business
Trilegal advised International Flavors and Fragrances (IFF) and DuPont when the Competition Commission of India (CCI) gave its unconditional approval of IFF’s US$26.2 billion acquisition of DuPont’s Nutrition and Biosciences (N&B) business. The CCI...
Assessing benefits of the CCP
During the past decade, the competition compliance programme (CCP) has assumed a significant place in international competition law jurisprudence. The CCP is an important tool used by various competition authorities as a part of...
No online favourites in most favoured nation clauses
Over the past decade most favoured nation clauses (MFN) have attracted a lot of attention in the competition space. With their roots in international trade law, these clauses are used in the competition space...
AZB, Khaitan assist major acquisition by Schneider and Temasek
AZB & Partners advised Schneider Electric, and Khaitan & Co advised MacRitchie Investments, an investment holding company of Temasek Holdings, when the two companies partnered to acquire Larsen & Toubro’s electrical and automation business...
ICICI Lombard acquisition boosts insurer’s market strength
AZB & Partners advised ICICI Lombard General Insurance on its acquisition of the non-life insurance business of Bharti AXA General Insurance through a share swap deal.
Cyril Amarchand Mangaldas (CAM) advised Bharti AXA General Insurance...
TTA represents Swiggy in antitrust win
Talwar Thakore & Associates (TTA) represented Swiggy, a food ordering and delivery platform that has raised US$1.6 billion since it was set up in 2014, when the Competition Commission of India (CCI) recently dismissed...
Embassy Group subsidiaries to merge with Indiabulls
Shardul Amarchand Mangaldas & Co (SAM) advised the Embassy Group on the proposed merger of the assets of two of its subsidiaries – NAM Estates and Embassy One Commercial Property Developments – with Indiabulls Real Estate.
SAM...
The Law Point promotes lawyers in New Delhi, Mumbai
The Law Point (TLP) has promoted Abhishek Puri and Omprakash Jha to the firm's partnership in its New Delhi and Mumbai offices, respectively.
Puri joined the firm in 2017 and is experienced in corporate and...
A cut above the rest
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GMR stake sale to Groupe ADP closes on amended terms
S&R Associates and Hogan Lovells advised France’s Groupe ADP (formerly Aéroports de Paris) on its acquisition of an aggregate 49% stake in GMR Airports for ₹107.8 billion (US$1.4 billion). Shardul Amarchand Mangaldas & Co...
Carlyle continues India investment with Nxtra stake
Freshfields Bruckhaus Deringer and L&L Partners advised entities within the Carlyle Group when it agreed to acquire a 25% stake in Bharti Airtel's data centre arm, Nxtra Data.
Bharti Airtel, which will retain the remaining...
Keeping competitors at bay
Parties must take care not to have unreasonable or one-sided non-compete clauses in agreements, as these can be rendered ineffective by the courts, writes Kunal Mehta
It is well-settled law that a non-compete obligation in...
L&L advises sellers of Odisha stake to Adani Power
L&L Partners advised AES India and AES OPGC Holding, both subsidiaries of New York-listed AES Corporation, when the two companies signed agreements for the US$135 million sale of their 49% stake in Odisha Power...
Labour market collusion: New frontier for antitrust?
Competition concerns and harm typically arise in the context of goods and services. However, these concerns can also arise in labour markets in case of collusion among competing employers, the anti-competitive effects of mergers...
CCI gives green light to Fiat-Peugeot merger
Trilegal advised Peugeot and Shardul Amarchand Mangaldas & Co (SAM) advised Fiat Chrysler Automobiles when the Competition Commission of India (CCI) gave its go-ahead on 4 June for the first merger filing of two...
Jio-Facebook deal: Competition in jeopardy?
On 23 April, the Indian market saw one of its biggest deals go off. Facebook bought a 9.9% stake in Jio Platforms for a whopping US$5.7 billion. With Jio attracting the largest FDI deal...
Slowing the free fall
Taking stock of the relief measures deployed by regulators to soften the impact of the lockdown. Gautam Kagalwala reports
With the COVID-19 outbreak, the government has been fighting on two fronts. It has introduced a...
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Competition and COVID-19: Compliance for businesses
Competition authorities worldwide including in the UK, the US, Australia and the EU have responded swiftly to the unprecedented situation created by the COVID-19 pandemic. In India, the Competition Commission of India (CCI) has...