India Digest: CCI clears Amazon-Future Coupons deal; Promoters to up stake in Parag Milk

India Digest: CCI clears Amazon-Future Coupons deal; Promoters to up stake in Parag Milk

Amazon boxes are seen stacked for delivery in Manhattan, New York, U.S., January 29, 2016. REUTERS/Mike Segar/Files

The Competition Commission of India (CCI) has approved e-commerce company Amazon’s proposed acquisition of a minority stake in Future Coupons Ltd (FCL), while the promoters of Investcorp-backed Parag Milk Foods plan to increase their stake in the company.

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