Matribhumi Samachar English

The Competition Commission of India (CCI) has approved the proposed acquisition of 16.12% shareholding in Shriram GI Holdings Private Limited by Sanlam Emerging Markets (Mauritius) Limited. The proposed combination envisages the acquisition of 16.12% shareholding in Shriram GI Holdings Private Limited (SGIH) by Sanlam Emerging Markets (Mauritius) Limited (SEMM) from its existing shareholders. …

The Competition Commission of India (CCI) has approved acquisition by Manipal Health Systems Private Limited and MEMG Family Office LLP in Aakash Educational Services Limited. Manipal Health Systems Private Limited (Acquirer-1) is a company resident in India engaged in the business of running/ managing hospitals and providing healthcare services. MEMG Family …

The Competition Commission of India (CCI) has approved the proposed acquisition of 16.12% shareholding in Shriram LI Holdings Private Limited by Sanlam Emerging Markets (Mauritius) Limited. The proposed combination envisages the acquisition of 16.12% shareholding in Shriram LI Holdings Private Limited (SLIH) by Sanlam Emerging Markets (Mauritius) Limited (SEMM) from its existing shareholders. SLIH is …

The 2024-25 Union Budget has emphasized on a comprehensive roadmap towards achieving Viksit Bharat by focusing on critical sectors like agriculture, employment, skilling, and MSMEs. Key initiatives include promoting vegetable production through cooperatives and start-ups, releasing new high-yield crop varieties. Employment schemes aim to increase workforce participation, particularly among women, …

Ministry of Electronics & Information Technology (MeitY) has notified following Production Linked Incentive Schemes under the aegis of National Policy on Electronics (NPE), 2019: Production Linked Incentive Scheme (PLI) for Large Scale Electronics Manufacturing notified on 01.04.2020. Production Linked Incentive Scheme (PLI) for IT Hardware notified on 03.03.2021. Further, PLI Scheme 2.0 for …

Based on the proposals received from respective State Government(s), Software Technology Parks of India (STPI), an autonomous society under Ministry of Electronics and Information Technology (MeitY) has set-up 65 STPI centres across the country. Further, Government of India has also approved 20 new STPI centres across the country. Apart from setting up …

The Government is cognizant of the need to create guardrails to ensure that AI is safe and trusted. Accordingly, the Central Government after extensive public consultations with relevant stakeholders has notified the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (“IT Rules, 2021”) on 25.02.2021 which were subsequently amended …

Piyush Goyal, Minister of Commerce & Industry has approved the sale of the excess Flue Cured Virginia tobacco produced by registered growers on the auction platforms in Andhra Pradesh for 2023-24 crop season with normal applicable service charges at auction platforms of Tobacco Board by waiving the additional service charges …

Union Minister of State (I/C) for Law & Justice & MoS for Parliamentary Affairs Shri Arjun Ram Meghwal lauded this year’s budget as a “whole of Government” approach with holistic focus, while inaugurating a webinar on ‘Budgetary Schemes for 2024–25: Strengthening Justice Delivery – Strengthening India’. Shri Meghwal underlined the …

In an Interlocutory Application filed by the Ministry of Cooperation in WP (C) No.191/2022 (Pinak Pani Mohanty vs UoI&ors.), the Hon’ble Supreme Court on 29.03.2023 inter alia ordered that: “(i) Out of the total amount of Rs. 24,979.67 Crores lying in the “Sahara-SEBI Refund Account”, Rs. 5000 Crores be transferred …