CCI Approvals on January 20, 2026On January 20, 2026, the Competition Commission of India (CCI), under the Ministry of Corporate Affairs (MCA), approved two major acquisition proposals in the banking and steel sectors.
- Acquisition of up to 74% (minimum 51%) shareholding in RBL Bank Limited by Emirates NBD Bank (P.J.S.C.)
- Acquisition of 50.01% equity share capital of Thriveni Pellets Private Limited by Tata Steel Limited (TSL)
- CCI also approved the proposed combination involving Bhushan Power and Steel Limited (BPSL), JSW Sambalpur Steel Limited (JSW Sambalpur), JFE Steel Corporation (JFE) and JSW Kalinga Steel Limited (JSW Kalinga).
- The deal involves a major restructuring to establish a 50:50 Joint Venture (JV) between JFE and JSW Steel Limited.
About Competition Commission of India (CCI):
Chairperson – Ravneet Kaur
Headquarters – New Delhi, Delhi
Established – 2003
Sponsored Advertisement
No comments yet. Be the first!