CCI approves NIIF’s NIIF’s stake purchase in HPPL

The Competition Commission of India (CCI) has cleared the acquisition of stake in Hindustan Ports Private Limited (HPPL) by the NIIF. The proposed tra­nsaction relates to the NIIF’s acquisition of up to 25 per cent stake in HPPL. Besides, CCI has approved the merger of Hindustan Infralog Pri­vate Limited with HPPL.