<h1>CCI Approves Hyundai and Kia's Stake Acquisition in Ola and Ola Electric, Subject to Proposed Modifications.</h1> The Competition Commission of India (CCI) has approved Hyundai Motor Company (HMC) and Kia Motors Corporation (KMC) acquiring equity stakes in ANI Technologies Private Limited and Ola Electric Mobility Private Limited. HMC and KMC, part of the Hyundai Motor Group, are involved in global automobile manufacturing and distribution. In India, HMC operates through Hyundai Motors India Limited, while KMC operates via Kia Motors India Private Limited. ANI is a ride-sharing platform, and Ola Electric Mobility focuses on the electric vehicle sector. The approval is subject to modifications proposed by HMC and KMC, with a detailed order to follow.