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Competition Commission of India(CCI)

Business transfer cleared with the Raheja Family Firms

Business transfer cleared with the Raheja Family Firms
The Competition Commission of India has finally sanctioned a deal which involves a business transfer of Raheja Family Firms of Magna Hotel to another firm group named the Genext. The sanction has also mentioned that the corporate family will continue to control and no competitive concerns will be raised by the recent transactions. While Genext [...] Continue Reading »

Around 70 real estate developers under CCI scanner

Around 70 real estate developers under CCI scanner
The Competition Commission of India (CCI), is putting around 70 real estate developers in the country under scanner. The developers include big players like Unitech, Parsvnath Developers and Omaxe and several big builders in Mumbai. All these developers’ action for entering into one-sided agreements with buyers and for allegedly colluding with each other have been [...] Continue Reading »



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