Jawaharlal Nehru Port Authority (JNPA),Mumbai,Maharashtra one of India’s leading container ports, achieved a historic milestone by recording it’s highest-ever throughput of 6.43 million TEUs in the fiscal year 2023-24. Surpassing the 6.05 million TEU mark of 2022-23, the Port continues its upward trajectory. In comparison, the corresponding period last year …
Read More »Celebrating 34 Years of Empowering Entrepreneurs: SIDBI Marks Another Milestone
Small Industries Development Bank of India (SIDBI) proudly commemorates 34 years of fostering entrepreneurship, innovation, and economic growth in India. Since its inception in 1990, SIDBI has been instrumental in transforming the landscape of MSME financing and development in the country. SIDBI – Celebrating 34 Years of Empowering Entrepreneurs Established …
Read More »CCI approves acquisition of 100% equity stake of Sharekhan Ltd. and Human Value Developers Pvt. Ltd. collectively by Mirae Asset Capital Markets (India) Pvt. Ltd. and Mirae Asset Securities Co. Ltd., respectively
The Competition Commission of India (CCI) has approved acquisition of 100% equity stake of Sharekhan Ltd. and Human Value Developers Pvt. Ltd. collectively by Mirae Asset Capital Markets (India) Pvt. Ltd. and Mirae Asset Securities Co. Ltd., respectively. Mirae Asset Securities Co. Ltd. (MAS) is a public limited company currently listed …
Read More »CCI approves acquisition NFCL Assets and 100% shareholding of ZeroC by AMG India using proceeds of investments received from AMG Entities, BSI, Gentari, and Platinum Rock
The Competition Commission of India (CCI) has approved the proposed acquisition NFCL Assets and 100% shareholding of ZeroC by AMG India using proceeds of investments received from the AMG Entities, BSI, Gentari, and Platinum Rock. AM Green B.V. (AMG), AM Green Ammonia Holdings B.V. (AMGAH), AM Green Ammonia B.V. (AMGA), …
Read More »CCI approves acquisition of shares of MG Motor India Private Limited by IndoEdge India Fund – Large Value Fund (LVF) Scheme
The Competition Commission of India (CCI) has approved the acquisition of shares of MG Motor India Private Limited by IndoEdge India Fund – Large Value Fund (LVF) Scheme. The proposed combination relates to the acquisition of up to approximately 8% of the share capital (8.70% of the voting and economic …
Read More »CCI approves subscription to 14,25,79,161 equity shares of Max Life Insurance Company Limited by Axis Bank Limited
The Competition Commission of India (CCI) has approved the subscription to 14,25,79,161 equity shares of Max Life Insurance Company Limited by Axis Bank Limited. Axis Bank is an Indian private sector bank involved in the business of banking. Axis Bank provides services in retail banking, which includes retail lending and …
Read More »CCI approves subscription of compulsorily convertible preference shares of Pritam International Private Limited by India Advantage Fund S5 I, HCL Corp, Mirabilis Investment Trust, Mr. Aashil Apurva Shah and Mr. Ansh Ashit Shah
The Competition Commission of India (CCI) has approved subscription of compulsorily convertible preference shares of Pritam International Private Limited (Target) by India Advantage Fund S5 I (IAF S5 I), HCL Corporation Private Limited (HCL Corp), Mirabilis Investment Trust (Mirabilis), Mr. Aashil Apurva Shah and Mr. Ansh Ashit Shah (collectively referred …
Read More »CCI approves acquisition of 10.39% shareholding of Annapurna Finance Private Limited and subscription to its certain debentures by Piramal Alternatives Trust
The Competition Commission of India (CCI) has approved the acquisition of 10.39% shareholding of Annapurna Finance Private Limited and subscription to its certain debentures by Piramal Alternatives Trust. Piramal Alternatives Trust is a trust belonging to Piramal Enterprises Limited. Piramal Alternatives Trust is a fund management business that provides customised …
Read More »CCI approves acquisition of Compulsorily Convertible Preference Shares (CCPS) in Northern Arc Capital Limited by International Finance Corporation (IFC)
The Competition Commission of India (CCI) has approved the acquisition of Compulsorily Convertible Preference Shares (CCPS) in Northern Arc Capital Limited (Northern Arc/Target) by the International Finance Corporation (IFC). The Proposed Combination involves the acquisition of fully paid Series C CCPS (‘Subscription Shares’) in Northern Arc by IFC. The Subscription …
Read More »AFFOREST Launches India’s First Jackfruit Skincare Range
“AFFOREST Green Beauty” a luxurious forest to skin, skincare brand that harnesses the power of exotic forest ingredients to revitalize and rejuvenate your skin. Inspired by the serene beauty and healing properties of forests around the world, AFFOREST was born out of their love for Coorg popular as mini Scotland …
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