CCI Approves Tata Sons' Plan to Acquire Additional 10% Stake in Tata Play
The Competition Commission of India (CCI) has granted approval for Tata Sons to acquire an additional 10% stake in Tata Play, the group’s digital content distribution arm. This acquisition will be made from Baytree Investments (Mauritius) Pte Ltd, an investment firm. The approval reinforces Tata Sons’ strategy to strengthen its presence in India’s digital entertainment and content distribution market.
Summary/Static | Details |
Why in the news? | CCI Approves Tata Sons’ Plan to Acquire Additional 10% Stake in Tata Play |
Approval Date | March 17, 2025 |
Regulator | Competition Commission of India (CCI) |
Company Involved | Tata Sons |
Stake Acquired | Additional 10% |
Seller | Baytree Investments (Mauritius) Pte Ltd |
Sector | Digital Content Distribution |
Tata Play Services | Pay TV, OTT, Tata Play Binge |
Tata Group’s Investment | ₹1,432 crore in Tata Projects, ₹2,000 crore in Tata Motors NCDs |
About CCI | |
Formation Date | October 14, 2003 |
Operational Since | May 2009 |
Replaced | Monopolies and Restrictive Trade Practices (MRTP) Act, 1969 |
Functions | – Prevent anti-competitive agreements – Regulate dominant positions – Control mergers & acquisitions – Protect consumers – Ensure free trade |
Headquarters | New Delhi |
Parent Ministry | Ministry of Corporate Affairs |
Composition | Chairperson + Six Members (Appointed by the Central Government) |
Eligibility | Minimum 15 years of experience in trade, finance, law, etc. |
Term | Five years |
The IPL Winners List stands out as a highly searched topic related to the Indian…
Many countries are known for their unique wildlife and natural beauty. Some places have a…
India has produced many talented musicians who have made a mark on the global stage.…
Renowned hydrologist Günter Blöschl has been awarded the 2025 Stockholm Water Prize for his pioneering…
On March 20, 2025, V.I. Mathan, former director of Christian Medical College (CMC) Vellore, launched…
Bihar, a state in eastern India, is known for its many rivers that flow across…