https://www.taxtmi.com/news?id=29714 The Competition Commission approved TEPL's acquisition of majority shareholding in Pegatron India in two tranches and the transfer of TEL Components Pvt. Ltd.'s business undertaking to Pegatron India. TEPL and its subsidiaries are engaged in manufacturing smartphone components and providing electronics manufacturing services (EMS), with TEL setting up a greenfield EMS facility. Pegatron India supplies EMS to a global smartphone brand and exports to multiple regions. A detailed order from the Commission will follow. en-us Wed, 08 Jan 2025 09:46:00 +0530 Wed, 08 Jan 2025 09:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29714 The Competition Commission approved TEPL's acquisition of majority shareholding in Pegatron India in two tranches and the transfer of TEL Components Pvt. Ltd.'s business undertaking to Pegatron India. TEPL and its subsidiaries are engaged in manufacturing smartphone components and providing electronics manufacturing services (EMS), with TEL setting up a greenfield EMS facility. Pegatron India supplies EMS to a global smartphone brand and exports to multiple regions. A detailed order from the Commission will follow. News - Wed, 08 Jan 2025 09:46:00 +0530 https://www.taxtmi.com/news?id=29714