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Blackstone Group is in exclusive talks to acquire a minority stake in Sify Technologies, according to people with knowledge of the matter. The communications infrastructure firm has sought a valuation of around $1 billion to $1.2 billion in a transaction, said the people, who asked not to be identified because the talks were private. It’s unclear what valuation the Blackstone stake purchase will be struck at and talks could still fall apart. Sify’s American depositary receipts rose 6.7 pe...

Adar Poonawallas Rising Sun Holdings notifies CCI about Magma Fincorp deal The acquisition will enable RSHPL to achieve higher efficiencies in its existing businesses in the financial lending space as well as expand and diversify its operations in other business areas. BusinessToday.In | March 4, 2021 | Updated 22:49 IST Rising Sun Holdings is a part of Adar Poonawallas Rising Sun group of companies. Adar Poonwalla-led Rising Star Holdings Private Ltd (RSHPL) has filed a combination notice wit...

San Diego Comic-Con Goes Virtual in July 2021, Plans November In-Person Event Adam B. Vary, provided by March 1, 2021 FacebookTwitterEmail San Diego Comic-Con, the largest fan convention in North America, will not be held in person in 2021 due to the COVID-19 pandemic, organizers announced on Monday. Instead, the event will be held virtually over three days, from July 23-25. In addition, Comic-Con International, the organization behind SDCC, is planning an in-person convention in San Diego to ...

CS Analytical Laboratory Announces Formation of New C&C Solutions Group PRWeb FacebookTwitterEmail CLIFTON, N.J. (PRWEB) February 24, 2021 CS Analytical Laboratory, the world’s only cGMP, FDA-registered and inspected contract laboratory exclusively designed and dedicated to container testing for the pharmaceutical, biotechnology, and medical device industries, officially announced today the formation of a new service unit: Comprehensive & Complementary (C&C) Solutions to offer clients unique...

NCLT can issue directions over shareholders meet on RIL deal, says Future Retail Earlier in the day, the apex court had allowed the NCLT, Mumbai to continue with the proceedings but asked not to pass a final order on the amalgamation of Future Retail Ltd (FRL) with Reliance Retail PTI | February 23, 2021 | Updated 11:21 IST Future Retail Chairperson Kishore Biyani Future Retail Ltd on Monday said the National Company Law Tribunal (NCLT) can issue directions to convene meetings of shareholders ...

CCI nod for Blackstone’s acquisition of Piramal Glass February 23, 2021 × At an enterprise valuation of about $ 1 billion, this deal is the largest ever transaction for a packaging company in India The Competition Commission of India (CCI) has approved the Blackstone Group Inc’s deal to acquire Piramal Glass, which is a unit of the billionaire Ajay Piramal-led Piramal Group. At an enterprise valuation of about $ 1 billion, this deal is the largest ever transaction for a packaging company ...

CCI trashes alleged cartelisation case among domestic airlines The case had emanated upon receipt of a letter from the Lok Sabha secretariat in January 2014 with a request to examine whether there is any evidence of cartelization in the airlines sector PTI | February 23, 2021 | Updated 13:45 IST The Competition Commission of India (CCI) on Monday dismissed a complaint pertaining to alleged cartelization among various domestic airlines. The case had emanated upon receipt of a letter from the Lo...

Competition regulator looks into antitrust claims against Google Pay Photo: Ramesh Pathania/MintPremium 3 min read Share Via Read Full Story BENGALURU : The Competition Commission of India (CCI) has started an investigation to check whether Google Pay (GPay) has abused its dominance of India’s digital payments market, executives at three payment firms aware of the discussions said. The market watchdog is holding face-to-face interviews with rival payment firms, including PhonePe and Paytm Pay...

"The idea behind the consultation is to gather insights on issues that may have a bearing on competition in the pharmaceutical market in India," the regulator said in a public notice.

View: Shouldn’t India’s news media be self-reliant, too? SECTIONS Share Synopsis In India, tech giants are in the same comfort zone as always. Proof of that is India doesn’t figure in any of the quasi-solutions proposed by Google and FB on sharing revenue with publishers. All that is happening here is that tech giants, Google, in particular, are trying to cut ridiculously unfair deals with smaller content publishers. Agencies Google and FB won’t relent in India unless GoI, Parliament an...