India, Indonesia Discuss Pm Poshan Scheme

Secretary, Department of School Education and Literacy, Ministry of Education, Shri Sanjay Kumar, met with Deputy Coordinating Minister for Maritime Resources, H.E. Mochammad Firman Hidayat, on PM Poshan Scheme details.  Additional Secretary, Shri Anandrao V. Patil, shared scheme details with the delegation.  The scheme provides hot cooked meals to students […]

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IFC Acquires Shares of Northern Arc Capital

The Competition Commission of India (CCI) has approved the acquisition of Compulsorily Convertible Preference Shares (CCPS) in Northern Arc Capital Limited by the International Finance Corporation (IFC).  The acquisition involves fully paid Series C CCPS (‘Subscription Shares’) in Northern Arc, representing approximately 6% of the total issued and paid-up share […]

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HCL Corp, IAF, Mirabilis and Others Acquire Shares of Pritam International

The Competition Commission of India (CCI) has approved the subscription of Pritam International Private Limited’s compulsorily convertible preference shares by India Advantage Fund S5 I, HCL Corporation Private Limited, Mirabilis Investment Trust, Mr. Aashil Apurva Shah, and Mr. Ansh Ashit Shah.  The proposed combination involves the subscription of these shares […]

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Govt. Food Safety Body Gives Notification to Online Platforms

FSSAI has requested e-commerce Food Business Operators (FBOs) to ensure the appropriate categorization of food products on their websites.  FSSAI has noted instances of food products licensed under ‘Proprietary Food’ being sold under ‘Health Drink’, ‘Energy Drink’, etc.  The term ‘Health Drink’ is not defined or standardized under the FSS […]

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Election Commission of India Launches ‘Myth Vs. Reality Register’

It was launched by ECI to combat misinformation and uphold electoral integrity.  Accessible to the public via ECI’s official website.  It aims to dispel myths and falsehoods during the election period.  Covers areas of myths and misinformation around EVM/VVPAT, Electoral Roll/Voter Services, and Election Conduct.  Provides busted election-related fake information, […]

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Axis Bank Acquires Shares of Max Life Insurance

Competition Commission of India (CCI) approves 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 offering retail banking, wholesale banking, payment solutions, wealth management, forex and remittance products, mutual fund schemes, and insurance policies.  […]

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AMG India Group Acquire Shares of Zeroc

The Competition Commission of India (CCI) has approved the acquisition of NFCL Assets and 100% shareholding of ZeroC by AMG India.  The acquisition is based on investments received from AMG Entities, Baker Street Investment Pte. Ltd., Gentari International Renewables Pte. Ltd., Platinum Rock B 2014 RSC Limited, and Greenko ZeroC […]

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New Principal DG for PIB

Ms. Sheyphali Sharan, an officer of the 1990 batch of the Indian Information Service, has taken over as Principal Director General.  She has held portfolios in media publicity work for various ministries, including Finance, the Ministry of Health and Family Welfare, and the Ministry of Information and Broadcasting.  She has […]

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