India, March 18 -- The Competition Commission of India (CCI) has approved Tata Groups' holding firm Tata Sons' proposed acquisition of an additional 10% stake in the over-the-top (OTT) services platform Tata Play from Singapore's sovereign wealth fund Temasek Holdings.

"Commission approves the acquisition of certain additional shareholding in Tata Play Limited (Tata Play) by Tata Sons Private Limited (Tata Sons) from Baytree Investments (Mauritius) Pte Ltd.," the antitrust regulator said in a statement.

It is pertinent to note that Baytree Investments (Mauritius) is an affiliate of Temasek.

Tata Play (erstwhile Tata Sky) is the group's digital content distribution arm. It offers OTT and direct-to-home services to its customers.

The de...