Google pays entire Rs 1,338 cr penalty to CCI in Android case
"We're updating the Android compatibility requirements to introduce changes for partners to build non-compatible or forked variants," said Google.
The Competition Commission of India (CCI) on Wednesday approved the acquisition of a shareholding in Sterling and Wilson Renewable Energy Limited by Reliance New Energy Solar Limited.
The proposed combination envisages the acquisition of 40% of the equity share capital of Sterling and Wilson Renewable Energy Limited (formally known as Sterling and Wilson Solar Limited) (SWREL) by Reliance New Energy Solar Limited (RNESL), said a senior officer of the CCI.
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The acquisition, however, could go up to 51.07% of the equity share capital of SWREL in the eventuality of full acceptance of the open offer, the officer said.
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RNESL is a wholly-owned subsidiary of Reliance Industries Limited (RIL), which is the ultimate holding company for entities belonging to the RIL group (RIL Group). RNESL is a newly incorporated entity and does not offer any products or services in India.
RIL Group has a presence in sectors such as hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services.
SWREL is claimed to be a global pure-play, end-to-end solar engineering, procurement, and construction (EPC) solutions provider in India and over 25 countries globally. In India, SWREL is engaged in the provision of solar EPC solutions and operation and maintenance services, including for projects constructed by third parties.
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