Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Finance & Markets

CCI relaxes commitment norms, extends filing window to 60 days

The Commission has eased the timeline for preliminary considerations of applications by it to 15 working days from the current seven. Also, the deadline to wrap up the entire commitment proceeding has been raised to 180 working days, with a provision for extension in complex cases, from the current 130 working days. The move comes at a time when the regulator is considering two key commitment…

CCI relaxes commitment norms, extends filing window to 60 days

The Competition Commission of India (CCI) has eased its commitment regulations, allowing enterprises more time to file and review applications, and extending the overall proceedings. The regulator has increased the deadline for filing such applications from 45 to 60 days, with the option to grant an additional 30 days in cases requiring further relief.

Similarly, the preliminary consideration stage will now take 15 working days, up from the previous seven. The entire commitment process will now be concluded within 180 working days, with the possibility of extension for complex cases, up from the current 130. These changes come as the CCI is currently reviewing two significant commitment applications by IndiGo's parent company, InterGlobe Aviation, and Google.

While the regulator has sought stakeholder comments on these applications, no decisions have been made yet. The latest amendments, part of the Competition Commission of India (Commitment) Amendment Regulations, 2026, were notified on Wednesday and take effect immediately.

Written by urgent.news from The Economic Times - Economy's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

More in Finance & Markets

Copper Backwardation Collapses After 20,000 Tons Hit LME Warehouses

Trafigura Group and several other traders delivered more than 20,000 tons of copper into LME warehouses on Tuesday, the biggest one-day build in on-warrant stock since April, and the squeeze that had…

  • 20,000 tons of copper delivered to LME warehouses on Tuesday
  • Copper prices settle at $248-a-ton backwardation, down from $545

More from Wednesday 19 August →