Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Delhivery gets CCI nod for Ecom Express acquisition
The Competition Commission of India (CCI) has given its approval for the acquisition of the logistics and supply chain company, Ecom Express, by its rival, Delhivery. This is a landmark consolidation deal in the Indian e-commerce logistics sector. The CCI, after reviewing the proposed combination, concluded that the deal would not lead to an appreciable adverse effect on competition in the market. This approval clears a major regulatory hurdle for the acquisition to proceed. The combination of Delhivery and Ecom Express will create a logistics powerhouse with an extensive network and a large market share. The deal is expected to lead to greater operational efficiencies, better service offerings for e-commerce clients, and intensified competition for other players in the logistics space.