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Sunday, November 24 2024 | 02:15:59 AM

CCI Approves Proposed Combination Involving Amazon Asia-Pacific, Frontizo, Appario, Haverl and CRPL

The Competition Commission of India (CCI) has approved the proposed combination involving, inter alia, Amazon Asia-Pacific Holdings Private Limited (Amazon Asia-Pacific), Frontizo Business Services Private Limited (Frontizo), Appario Retail Private Limited (Appario), Haverl LLC (Haverl) and Clicktech Retail Private Limited (CRPL). The Proposed Combination involves the following transactions: Acquisition by …

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CCI Approves Sanlam Emerging Markets’ Acquisition of 16.12% Stake in Shriram GI Holdings Private Limited

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. …

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CCI Approves Sanlam Emerging Markets’ Acquisition of 16.12% Stake in Shriram LI Holdings Private Limited

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 …

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The Government’s Commitment to Skill Development is a Welcome Move, Says Vikram Vuppala, Founder & Group CEO, NephroPlus

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, …

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₹8,282 Crore Cumulative Investment in Large Scale Electronics Manufacturing under PLI Scheme by 32 Companies

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 …

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Expansion of Software Technology Parks of India (STPI): 65 Centres Established, Approval for 20 New Centres

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 …

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Government taking measures to ensure safe and trusted Artificial Intelligence

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 …

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