India’s antitrust physique names new interim investigations head

NEW DELHI, Nov 29 (Reuters) – India’s antitrust physique has appointed Sanjay Kumar Pandey as interim head of its investigations unit, a authorities order confirmed, at a time when the watchdog is probing huge overseas corporations.

Pandey has labored on the Competitors Fee of India (CCI) for nearly 14 years and can also be an adviser in its advocacy and worldwide cooperation division.

He’ll now tackle further duties because the Director Normal of the investigations unit, mentioned an inner order dated Nov. 25 seen by Reuters.

The CCI is presently investigating a number of high-profile international corporations for alleged antitrust violations, together with Amazon (AMZN.O), Walmart’s (WMT.N) Flipkart, Google (GOOGL.O) and liquor large Pernod Ricard (PERP.PA).

The interviews for hiring a everlasting Director Normal are ongoing, a supply with direct information of the matter mentioned.

Pandey declined to remark, whereas the CCI didn’t instantly reply to requests for remark.

Pandey is taking on from Atul Verma, whose tenure ended on Nov. 25. He beforehand served as a non-public secretary to Arun Jaitley, a senior authorities minister who died in 2019.

In September, the federal government appointed three new members to supervise instances on the watchdog, together with a former authorities official from the commerce ministry and a former interim compliance officer of WhatsApp.

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Aditya Kalra is the Firm Information Editor for Reuters in India, overseeing enterprise protection and reporting tales on among the world’s largest corporations. He joined Reuters in 2008 and has in recent times written tales on challenges and techniques of a wide selection of corporations — from Amazon, Google and Walmart to Xiaomi, Starbucks and Reliance. He additionally extensively works on deeply-reported and investigative enterprise tales.