Antitrust Competition regulator Commission of India (CCI) on Tuesday expanded the ambit of companies that would be required to seek its approval for mergers.
Under new regulations released on Tuesday, the CCI said companies with a turnover of more than ₹500 crore or over 10 per cent of their global turnover in India in the previous financial year will be considered to have "substantial business operations in India" and would obtain its nod for mergers. For digital services, the number of end users in India would be a key factor in determining “substantial India operations".
Bu hikaye Business Standard dergisinin September 11, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin September 11, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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