Competition Commission approves deal involving Manipal Group
PTI, Jun 7, 2023, 10:55 AM IST
The Competition Commission of India (CCI) on Tuesday said it has cleared the proposed deal involving Manipal Health Enterprises Pvt Ltd and Manipal Education and Medical Group India Pvt Ltd (MEMG India).
Manipal Health Enterprises Pvt Ltd (MHEPL) operates a chain of multi-speciality hospitals under the brand name ‘Manipal Hospitals’, while MEMG India is a wholly-owned subsidiary of RSP Trust India and belongs to the Pai family group.
In a tweet on Tuesday, CCI said it has approved the ”proposed combination involving Manipal Health Enterprises Private Limited and Manipal Education and Medical Group India Private Limited”.
The deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Four-day market rally makes investors richer by Rs 8.48 lakh crore
Kotak Bank barred from onboarding customers online, issuing fresh credit cards
Reverse migration has begun, says FM Nirmala Sitharaman
Markets sustain winning streak — Sensex jumps over 560 points, Nifty tops 22,300-level
Sensex climbs 640 points, Nifty tops 22,300-level in early trade
MUST WATCH
Latest Additions
Renowned Yakshagana artist Bhagavata Subrahmanya Dhareshwar passes away
2 Indian restaurants in Colorado duped investors of USD 380K: Officials
Bantwal: Ex-soldier dies after casting vote at home
Indian prodigy D Gukesh returns triumphant to cheering crowds in Chennai
PM Modi’s decisive actions eradicate corruption from the Nation: Shah