The Competition Commission of India fined Goldman Sachs AIMPL Rs 40 lakh for not notifying it about a deal that included acquiring optionally convertible debentures in Biocon Biologics, providing significant rights beyond those of ordinary shareholders, which necessitated prior notification under the Competition Act.
Related Posts
Taiwan’s Delta Electronics plans to double Indian workforce, add 3000 employees in five years
Taiwan’s Delta Electronics is set to nearly double its Indian workforce from 3,500 to 6,500 employees over the next five years. The company has opened […]
Industry calls for easier FDI rules to boost flows
- staff
- January 10, 2025
- 0
Industry and law firms have suggested increasing the FDI cap for R&D and security agencies, liberalizing regulations for agriculture, and streamlining investment rules from China. […]