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    <title>CCI approves merger of the BNP Paribas (BNPP) Mutual Fund and the Baroda (BOB) Mutual Fund, under Section 31(1) of the Competition Act, 2002</title>
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    <description>Approval under Section 31(1) authorises consolidation of BNP Paribas Mutual Fund and Baroda Mutual Fund by amalgamating BOB AMC into BNPP AMC and BNPP Trustee Company into BOB Trustee Company, with BNPP AMC and BOB TC as the surviving entities; BNPP AMC is also registered as a Portfolio Manager providing portfolio management and advisory services, while both entities&#039; trustee and AMC roles are preserved in the restructured arrangement.</description>
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