GMR Group: CCI clears ADIA arm's investments in GMR Infra Enterprises

The Competition Commission of India (CCI) has approved three transactions, including the subscription to optionally convertible debentures of GMR Infra Enterprises by a trust linked to the Abu Dhabi Investment Authority. The CCI has also cleared stake acquisitions in logistics service provider Shiprocket by KDT Venture Holdings and MUFG Bank.