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<h1>CCI Approves Tube Investments' Acquisition of Majority Stake in CG Power, Part of Murugappa Group Expansion.</h1> The Competition Commission of India has approved the acquisition of more than 50% of the equity share capital of CG Power and Industrial Solutions Limited by Tube Investments of India Limited. Tube Investments, part of the Murugappa group, operates in engineering, metal formed products, and bicycles, serving industries such as automotive and construction. CG Power focuses on power systems, including transmission and distribution, and industrial systems like motors and control systems. The acquisition will lead to a detailed order from the CCI.