BRUSSELS (Reuters) - The European Commission said on Friday it has approved unconditionally Nvidia's $700 million bid for Run:ai.
FILE PHOTO: A general view of Dharavi, one of Asia's largest slums, in Mumbai, India, August 1, 2023. REUTERS/Niharika Kulkarni/File Photo
The 240 hectare slum, known as Asia's densest and featured in Danny Boyle's Oscar-winning 2008 movie"Slumdog Millionaire", stands in contrast to India's development boom with its open sewers and shared toilets, close to Mumbai's international airport and business district. SecLink had alleged in its petition that Maharashtra state improperly cancelled an original 2018 tender for the Dharavi redevelopment, for which SecLink had bid highest, and restarted the process with new terms in 2022 so that Adani could win.
But Friday's court order, referring to the second tender for the slum revamp that Adani won, ruled:"It cannot be said that the tender conditions were tailor-made so as to suit only a particular bidder."
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