The Competition Commission of India (CCI) has approved Delhivery's acquisition of a 99.4% stake in Ecom Express for up to Rs 1,407 crore. This deal, announced in April, signifies a major consolidation within India's logistics sector. Delhivery aims to enhance its scale and strengthen its offerings in the competitive express parcel and e-commerce logistics segments through this acquisition.from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hSUobWf
