India, May 1 -- The Competition Commission of India has approved the proposed combination involving (i) acquisition of 40% shareholding of HCCH by Jubilant Beverages Limited (JBL) and (ii) proposed subscription to CCPS in JBL by Jubilant BevCo Limited and the Investors.Jubilant Beverages Limited (JBL) and Jubilant BevCo Limited (BevCo) are newly incorporated entities that have recently commenced the business of trading of ready to cook-eat food items on purchase order basis. JBL and BevCo belong to the Jubilant Bhartia Group. The Jubilant Bhartia Group is present in diverse sectors in India such as pharmaceuticals, contract research and development services, proprietary novel drugs, life science ingredients, agri products etc.WSSS Investmen...