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The Competition Commission of India (CCI) has sought information from IndiGo and aviation regulator DGCA to assess whether the country’s largest airline indulged in unfair business practices following widespread flight cancellations last month, PTI reported citing sources.In early December, IndiGo, which commands over 63% share of the domestic aviation market, faced major operational disruptions that…
Fast-moving consumer goods distributors’ body AICPDF has urged the market regulator Sebi to pause the Initial Public Offerings (IPO) of loss-making quick-commerce companies. In a representation, the All India Consumer Products Distributors Federation (AICPDF) has urged Sebi “to consider immediate measures including a temporary pause on IPO approvals” for quick-commerce and closely related e-commerce companies…
The Competition Commission of India on Tuesday approved US-based private equity firm Blackstone’s proposal to acquire up to 9.99 per cent stake in Federal Bank through warrants, clearing the way for the global investor’s entry into the private sector lender.In a release, the fair trade regulator said the proposed transaction involves Asia II Topco XIII…
