Airtel’s Takeover of TTSL’s Wireless Business Gets CCI Nod: Report
Bharti Airtel's proposed takeover of the wireless business of Tata Teleservices (TTSL) has passed the first hurdle by receiving an approval from the country's Competition Commission of India (CCI). Both parties will now seek similar approvals from the SEBI, National Company Law Tribunal (NCLT), their respective shareholders and the telecom department (DoT). Notably, respective boards of Bharti and Tata Sons, the parent company of TTSL, had approved this partnership. The... Read More