It is well known that Tamil Nadu has many beautiful summer tourist spots in India. Every year thousands of travelers across India choose Tamil Nadu for their summer vacations. Thus the capital Chennai is the gateway for all travelers visiting Tamil Nadu. The city of Chennai has been offering its …
Read More »The Government is taking all necessary steps to ensure that the electricity demand in the upcoming summer season is met. To ensure this, the Union Minister for Power and New & Renewable Energy Shri R. K. Singh has held a series of meetings, emphasizing the need for ensuring Zero load …
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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 …
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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), …
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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 …
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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 …
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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 …
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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 …
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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 »Secretary, Department of School Education and Literacy (DoSEL), Ministry of Education, Shri Sanjay Kumar held a meeting with H.E. Mochammad Firman Hidayat, Deputy Coordinating Minister for Maritime Resources of Indonesia on the details of PM Poshan Scheme. Additional Secretary, Shri Anandrao V. Patil, shared the scheme details with the delegation. Additional …
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