COMPETITION LAW

• CCI approved Kora Master Fund LP investment of up to 10% (USD 75 million) in Edelweiss Securities Limited under sub-section (1) of Section 31 of the Act [16.10.2019]
  For more information, please access-
  https://www.cci.gov.in/sites/default/files/press_release/PR13.pdf
• CCI receives combination notice under green channel scheme, relating to acquisition of equity stake in Hero Future Energies Global Ltd and non-voting compulsorily convertible preference shareholding in Hero Future Energies Private Ltd. by Abu Dhabi Future Energy Company P.J.S.C. – Masdar. [28.10.2019]
  For more information, please access-
  https://www.cci.gov.in/sites/default/files/press_release/PR15of201920.pdf
• CCI approves the acquisition of shareholding in ANI Technologies Private Limited (ANI) and Ola Electric Mobility Private Limited (OEM) by Hyundai Motor Company (HMC) and Kia Motors Corporation (KMC), under Section 31(1) of the Competition Act, 2002 [30.10.2019]
  For more information, please access-
  https://www.cci.gov.in/sites/default/files/press_release/PR16of201920.pdf
• Construction firms fined £36 million for breaking competition law. [23.10.2019]
  For more information, please access-
  https://www.gov.uk/government/news/construction-firms-fined-36-million-for-breaking-competition-law

ENERGY

• China seeks $2.4 billion in sanctions against U.S. in Obama-era case: WTO [21.10.2019]
  For more information, please access-
  https://energy.economictimes.indiatimes.com/news/renewable/china-seeks-2-4-billion-in-sanctions-against-u-s-in-obama-era-case-wto/71690908
• Cabinet lowers entry barrier for petrol pump business [24.10.2019]
  For more information, please access-
  https://energy.economictimes.indiatimes.com/news/oil-and-gas/cabinet-lowers-entry-barrier-for-petrol-pump-business/71732483
• Japan's University to invest $200 million in Zambia solar power [26.10.2019]
  For more information, please access-
  https://energy.economictimes.indiatimes.com/news/renewable/japans-univergy-to-invest-200-mln-in-zambia-solar-power/71760631
• Coal India fetches 82% premium over notified price in e-auction [27.10.2019]
  For more information, please access-
  https://energy.economictimes.indiatimes.com/news/coal/coal-india-fetches-82-premium-over-notified-price-in-e-auction/71782163
• Murray Energy, reportedly America’s largest private miner files for relief in bankruptcy court [30.10.2019]
  For more information, please access-
  https://energy.economictimes.indiatimes.com/news/coal/murray-energy-americas-largest-private-miner-files-for-relief-in-bankruptcy-court/71820043
• ABB wins contract to connect world's largest offshore wind farm [31.10.2019]
  For more information, please access-
  https://energy.economictimes.indiatimes.com/news/renewable/abb-wins-contract-to-connect-worlds-largest-offshore-wind-farm/71829875

NEWS

• SEBI tightens norms to deal with abrupt resignations of auditors [19.10.2019]
  For more information, please access-
  https://www.business-standard.com/article/economy-policy/sebi-tightens-rules-for-auditors-to-resign-from-listed-companies-119101801611_1.html
• Google India revenue reportedly declines 56% due to change in accounting standards [23.10.2019]
  For more information, please access-
  https://www.business-standard.com/article/companies/google-india-fy19-revenue-down-56-on-account-of-new-accounting-standard-119102201640_1.html
• EU nations agree to Brexit extension until January 31: Donald Tusk [28.10.2019]
  For more information, please access-
  https://www.business-standard.com/article/international/eu-nations-agree-to-brexit-extension-until-january-31-donald-tusk-119102800388_1.html