Which regulator approved the proposed combination amalgamating BMM Ispat into JSW Steel?
- A.Securities and Exchange Board of India
- B.Competition Commission of India
- C.Reserve Bank of India
- D.Insolvency and Bankruptcy Board of India
Show answer
It is the statutory authority that examines proposed combinations, meaning mergers, amalgamations and acquisitions above the prescribed thresholds, to see whether they would cause an appreciable adverse effect on competition in India, and it cleared this internal restructuring of the JSW Group along with three other combinations the same day.
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