The Competition Commission of India (CCI) has approved the proposed combination involving acquisition of 100% shareholding of Interise Investment Managers Limited by the CPIH, AIL – II. and Ontario Inc. CPPIB India Private Holdings Inc. (CIPH) is a Canadian corporation and is an investment holding company which invests in a diversified portfolio of assets.
The Competition Commission of India (CCI) has approved acquisition of 70% stake by Zurich Insurance Company Ltd. (Acquirer) in Kotak Mahindra General Insurance Company Limited (Target). The Proposed Combination involves an acquisition of a majority stake in Target by the Acquirer from Kotak Mahindra Bank Limited.
The Competition Commission of India (CCI) has approved the acquisition of certain shareholding of Shadowfax Technologies Private Limited by NewQuest Asia Fund IV (Singapore) Pte. Ltd. TPG NQ is part of a closed private equity fund, managed by TPG NewQuest (formerly known as NewQuest Capital Partners).
Bearing testimony to the growing defence ties between India and Saudi Arabia, Raksha Rajya Mantri Shri Ajay Bhatt is on a visit to Riyadh as head of the Indian delegation for the ongoing World Defence Show 2024. On behalf of the GOI, the Raksha Rajya Mantri extended his greetings to the leadership of SA for hosting the impressive event which culminates on 4 February 2024.
Lok Sabha has passed the Constitution (Jammu and Kashmir) Scheduled Tribes Order (Amendment) Bill, 2024. The historic Bill aims at empowering (i) Pahari Ethnic Group (ii) Padari Tribes (iii) Koli and (iv) Gadda Brahmin by providing Scheduled Tribe status. This has been long pending demand of these communities.
Union Minister of Education and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan, launched the EdCIL Vidyanjali Scholarship Programme on 6th February 2024 in New Delhi.
The Lok Sabha has passed ‘The Public Examinations (Prevention of Unfair Means) Bill, 2024’ aimed at curbing leaks, malpractices as well as organised malpractices in recruitment examinations like UPSC, SSC etc and entrance tests such as NEET, JEE, and CUET. The Bill is aimed at preventing organised gangs and institutions that are involved in unfair means for monetary gains.
Union Minister for Youth Affairs and Shri Sports Anurag Singh Thakur kicked off BIMSTEC Aquatics Championships 2024 today in New Delhi. The BIMSTEC Aquatics Championships is being held for the first time.
The “India Ageing Report 2023” has been prepared by the United Nations Population Fund (UNFPA) and International Institute of Population Sciences (IIPS), on welfare of senior citizens in India. The Government of India has been addressing the challenges and opportunities related to elderly care through various constitutional provisions.
The Iranian government has approved a visa-free policy for Indian nationals. This policy will be only valid for tourism purposes. With this exemption, Indian citizens holding ordinary passports can enter Iran without a visa once every six months for a maximum stay of 15 days.
India's largest private sector bank, HDFC Bank, on February 6 launched four new small and medium enterprises (SME)-focused credit cards to cater to the specific needs of entrepreneurs, freelancers, and professionals.
The biggest USP of the cards is that they will provide 55 days of interest-free credit, the highest number of days offered by any bank.
Aether Industries will commission a 15 MW solar power project (Auto-Tracker Modules) under the Captive Power Producer (CPP) segment in the Bharuch district of Gujarat with an aim to become more sustainable.
Max Financial Services announced that it has received approval from Insurance Regulatory and Development Authority of India (IRDAI) for capital infusion of Rs 1,612 crore by Axis Bank into the company's material subsidiary, Max Life Insurance.
India will in seven years become the largest source of global oil demand growth as its domestic production shrinks 22 per cent, said the International Energy Agency (IEA). The two trends have major implications as India is already the world’s second largest net importer, said the agency in a report released at the India Energy Week in Goa.
NITI Aayog and the Embassy of the Kingdom of the Netherlands released report titled ‘LNG as a Transportation Fuel in Medium and Heavy Commercial Vehicle’ on Feb 6, 2024, at India Energy Week. NITI Aayog and the Embassy of the Kingdom of the Netherlands have been actively collaborating in the field of energy transition under the Statement of Intent partnership since 2020.