Matribhumi Samachar English

The Competition Commission of India (CCI) has approved the proposed combination involving acquisition by Advent (through Rasmeli) in Apollo Healthco, acquisition by Apollo Healthco in Keimed and  Merger of Keimed into Apollo Healthco. Rasmeli Limited (Rasmeli) is an entity incorporated in Cyprus with the principal activity of holding investments and has …

The Competition Commission of India (CCI) has approved the acquisition of shareholding in Shriram Housing Finance Limited by Mango Crest Investment Ltd. Mango Crest Investment Ltd. is a company incorporated in the Republic of Mauritius. The principal business activity of the Acquirer is undertaking investment holding activities. Shriram Housing Finance Limited …

The Competition Commission of India (CCI) has approved acquisition of shareholding in each of Invesco Asset Management (India) Private Limited and Invesco Trustee Private Limited by IndusInd International Holdings Limited. The proposed combination pertains to the acquisition of 60% shareholding in each of Invesco Asset Management (India) Private Limited (Invesco …

Union Minister of Textiles Shri Giriraj Singh interacted with the beneficiaries of the Production Linked Incentive (PLI) Scheme for MMF Apparel, fabrics and technical textiles in New Delhi today. The participants showcased the ongoing commitment, successes, experiences, feedback, and challenges of the Schemes. Shri Giriraj Singh assured that the Government …

The Indian Institute of Corporate Affairs (IICA) in partnership with Directorate General Resettlement (DGR), Ministry of Defence, inaugurated the first of its kind certification program for defence officers here at the IICA Campus in Manesar, Gurugram, today. This two-week certification programme has 30 senior officers, serving as well as recently superannuated, …

The Union Minister of Power and Minister for Housing and Urban Affairs, Shri Manohar Lal, today launched online portal DRIPS (Disaster Resilient Infrastructure for Power Sector) in New Delhi. The string of natural disasters across India in the past few years, i.e. Cyclone Fani in Odisha, severe floods in Jammu …

The Union Minister of Power and Minister for Housing and Urban Affairs, Shri Manohar Lal, today launched a comprehensive compendium of regulations notified by the Central Electricity Authority (CEA) under the Electricity Act, 2003. The launch event, held in New Delhi, marks a significant milestone in the ongoing efforts to …

Many living specimens of exotic animal species listed in Wild Life (Protection) Act, 1972 are in possession of various individuals, organizations and zoos. These living specimens of exotic animals listed under Schedule IV of the Act are to be reported and registered by the concerned individuals, organizations and zoos. The registration of …

Section 230 (1A) of the Income-tax Act, 1961(the ‘Act’) relates to obtaining of a tax clearance certificate, in certain circumstances,by persons domiciled in India. The said provision, as it stands, came on the statute through the Finance Act, 2003 w.e.f. 1.6.2003. The Finance (No.2) Act, 2024 has made only an …

A two-day National Hindi Seminar on “Latest Hindi Parliamentary Committee Questionnaire and Quarterly Progress Report” commenced at RINL, the corporate entity of Visakhapatnam steel plant in association with HPCL under Town Official Language Implementation Committee (Undertaking-TOLIC), Visakhapatnam. The 2-day National Hindi seminar was inaugurated by Dr. Suresh Chandra Pandey, Director …