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SoftBank s 20% stake buy in One97 Communications approved: CCI

Tuesday - July 18, 2017 5:10 pm , Category : BUSINESS
 SoftBank s 20% stake buy in One97 Communications approved: CCI
SoftBank s 20% stake buy in One97 Communications approved: CCI

New Delhi July 18 (IANS) The Competition Commission of India (CCI) on Tuesday said it has approved Japan-based SoftBank s acquisition of 20 per cent stake in One97 Communications the firm which owns electronic payment and e-commerce company Paytm.

In a tweet the CCI said: "@CCI India approves acquisition of 20 per cent stake in One97 Communications Limited by SoftBank Group Corp."

--IANS
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