Daily Archives: July 7, 2016

CCI approves JSW Energy acquisition of JSPL’s 1,000 MW power plant

Competition Commission of India(CCI)  vide its order dated July 01,2016 has given its  approval to JSW Energy to  acquire 1,000 MW power plant in Chhattisgarh from Jindal Steel and Power Ltd (JSPL).The JSPL board had approved divesting the unit of its subsidiary Jindal Power Ltd (JPL) into a special purpose vehicle for transferring it to…

CCI approves Nestlé & PAI JV

CCI vide its order dated July 01,2016 has approved JV entered between Nestlé and PAI (through Riviera Topco) which would be jointly controlled by Nestlé and PAI (through Riviera Topco) and would be principally active in the production, distribution and sale of ice cream products in certain geographical areas and to a limited extent in…