India, July 1 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved the proposed combination involving the acquisition of shareholding of seven SPVs by Anantam Highways Trust (InvIT) and the issuance of the units of the InvIT to Build India Infrastructure Fund (BIIF), Dilip Buildcon Limited (DBL) and DBL Infraventures Pvt. Ltd. (DIPL). The Proposed Combination entails (a) the acquisition of shareholding of the seven target SPVs, i.e. DAK Packag...
India, July 1 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved the acquisition of certain shares in Krazybee Services Limited and Finnovation Tech Solutions Private Limited by Mars Equity Dragon Fund VCC. The proposed combination involves acquisition of certain shares in Krazybee Services Limited (Krazybee) and Finnovation Tech Solutions Private Limited (Finnovation) by Mars Equity Dragon Fund VCC (Acquirer/Dragon Fund). The Acquirer is a...
India, July 1 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved the acquisition of 100% shareholding of Royal Challengers Sports Private Ltd. by a consortium comprising Big Banyan Holdings, Bolt IPL Holdings, Times Internet, Times Cricket, ICQ Opportunities, Asia Investment Topco II and others. The proposed combination relates to acquisition of 100% shareholding collectively by (i) Big Banyan Holdings Pte. Ltd. (Big Banyan); (ii) Bolt IPL H...
India, July 1 -- The Government of India has issued a release: Figure 1: Logo of SHE-LEAPS Transforming Rural Livelihoods through Digital Empowerment SHE-LEAPS stands for Self-Help Entrepreneur-Livelihoods and Enterprise Application for Prosperity and Sustainability. It is a digital platform for empowering women associated with Self-Help Groups (SHGs) across rural India. This is being accomplished through a unified platform for enterprise creation and performance tracking. SHE-LEAPS supports ...
India, July 1 -- The Government of India has issued a release: From weavers and potters to women-led cooperatives, rural artisans are powering India's inclusive growth story. Through the eSARAS platform, thousands of Self-Help Groups are gaining direct access to national markets, digital infrastructure and institutional support. By eliminating intermediaries and integrating with major commerce platforms, eSARAS is transforming how rural craft reaches the consumer. The platform's expanding reach...
India, July 1 -- The Government of India has issued a release: GAGAN (GPS Aided GEO Augmented Navigation) is India's indigenous Satellite-Based Augmentation System developed by the Indian Space Research Organisation (ISRO) and the Airports Authority of India. It enhances GPS accuracy and provides integrity information for safer aircraft navigation. Certified to international standards, GAGAN supports satellite-based landing and serves sectors beyond aviation. By strengthening indigenous navigat...
India, July 1 -- The Government of India has issued a release: The week-long Vande Mataram Camp 2026, organised by Mera Yuva Bharat (MY Bharat), West Bengal and Andaman & Nicobar Islands, under the aegis of the Ministry of Youth Affairs and Sports, concluded on 30th June at Brainware University, Barasat, Kolkata, West Bengal. Held from 24th to 30th June 2026, the camp commemorated the 150th anniversary of the National Song 'Vande Mataram' and brought together 150 youth delegates from Uttar Pr...
India, July 1 -- The Government of India has issued a release: The Ministry of Steel has approved the grant of Miniratna Category-I status to MECON Limited, a Schedule 'A' Central Public Sector Enterprise (CPSE) under the administrative control of the Ministry of Steel. MECON has achieved significant financial milestones in recent years. The Company has reported continuous profits during the last three financial years, recording a Profit Before Tax (PBT) of Rs. 77.62 crore in FY 2023-24 (restat...
India, July 1 -- The Government of India has issued a release: India and the European Union have reaffirmed their commitment to strengthening cooperation in sustainable ship recycling, with both sides expressing confidence over the progress made in facilitating the inclusion of Indian ship recycling facilities under the European Union Ship Recycling Regulation (EUSRR). During discussions between Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal and European Commissioner for E...
India, July 1 -- The Government of India has issued a release: Artificial Intelligence has been used to trace the shift in magnetically active patches on the Sun from 1916 to 2007 by scanning 100 years of hand-drawn Sun records from the Kodaikanal Solar Observatory (KoSO). This could give a much longer view of how solar activity changes over time. For more than a hundred years, scientists have been trying to understand how the Sun's magnetic activity rises and falls in rhythmic cycles. These c...