Economy, Banking and Finance · 10 April 2026
Competition Commission of India (CCI) approves Advent International’s 14.3% stake acquisition in Aditya Birla Housing Finance.
Exam-focused facts from the 10 April 2026 current affairs briefing.
Key facts
- Competition Commission of India (CCI) approved Advent International’s proposal to acquire 14.3% equity in Aditya Birla Housing Finance (ABHFL) through a preferential private placement to Indriya Ltd.
- Aditya Birla Capital and ABHFL boards had earlier cleared a ₹2,750 crore primary capital infusion from Indriya, an Advent International entity.
- ABHFL provides home loans, loans against property, construction finance loans, and lease rental discounting loans.
- CCI separately cleared Citrus Investment LLC’s acquisition of an additional 0.4% shareholding in Hitachi Construction Machinery Co and sole control of its 50:50 joint venture HCJI Holdings K K.
- CCI also approved Indus Infra Trust’s acquisition of 100% stake in KNR SPVs from KNR Constructions.