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INDIA REGULATORY APPROVALS
President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...- RBI proposes unified framework for banks' risk, compliance and audit functionsThe Reserve Bank of India has released a draft framework for bank control and assurance functions. This aims to simplify rules and boost go...
- Elon Musk's Starlink India launch hits security roadblock ahead of SpaceX IPOIndia has halted approvals for Elon Musk's Starlink internet service. Security agencies are concerned about Starlink terminals being used i...
- NMC vacancies delaying medical admissions, SC Amicus tells courtLongstanding vacancies at the National Medical Commission are causing significant delays in medical admissions and regulatory processes. Ke...
- In active talks with Indian govt, received encouraging feedback: StarlinkStarlink is actively discussing its satellite services with the Indian government. The company has received positive feedback on its potent...
- Dixon Tech shares rise as subsidiary enters JV to manufacture optical telecom productsDixon Technologies' shares rose after its subsidiary, Dixon Electroconnect, partnered with Gemtek Technology to form a joint venture. This ...
- NSE to route 10% of CSR spending through Social Stock Exchange after regulatory green lightNSE will channel 10% of its annual CSR corpus through the Social Stock Exchange, becoming an early institutional adopter of the platform. T...
- Emirates will not cut flights despite Middle East war pressuresEmirates plans no capacity cuts despite regional conflict. The airline seeks more traffic rights for Berlin and wider expansion in Germany....
- Adani Energy Solutions to acquire IntelliSmart for Rs 3,050 crore, to become India's largest smart metering platformAdani Energy Solutions Limited is acquiring IntelliSmart Infrastructure Private Limited for Rs 3,050 crore. This deal will create India's l...
- SBI in $1 billion funding for Sun Pharma’s US dealState Bank of India is set to commit up to $1 billion to fund Sun Pharmaceutical Industries Ltd.'s $12 billion acquisition of Organon & Co....
- Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...
- Air India, Thai Airways to enter into codeshare agreement this year, expand travel options for travellersAir India and Thai Airways are set to launch a codeshare agreement. This partnership will offer more travel choices for passengers flying b...
- Oyo parent Prism Hotels receives Sebi nod for IPOPrism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds fo...
- Coal India unit BCCL greenlights measures to ease diesel price stress on contractorsBharat Coking Coal Ltd, a unit of Coal India, has approved interim measures. These steps aim to ease financial strain on contractors. The s...
- Air India, Riyadh Air ink initial pact for codeshare partnershipAir India and Saudi Arabia's Riyadh Air have signed an initial agreement. This partnership will offer seamless travel connections between I...
- SAS Mumbai comeback hits turbulence as inaugural flight turns back to CopenhagenSAS's return flight to India faced a setback. The inaugural Copenhagen to Mumbai flight turned back mid-air. This happened because final re...
- Zydus Semaglutide approval: Delhi HC directs CDSCO to decide on patient safety concernsThe Delhi High Court has asked the Central Drugs Standard Control Organisation to review a petition challenging Zydus Lifesciences' approva...
- If you have the patience, you can achieve innovation milestones, says Wockhardt chairman Habil KhorakiwalaWockhardt Hospitals is set to launch its antibiotic Zaynich in the US. Zahabiya Khorakiwala will lead US operations. The drug is expected t...
- Mahindra, Manulife incorporate life insurance JV after MCA nodMahindra and Manulife's joint venture, Mahindra Manulife Insurance Ltd (MMIL), has officially been incorporated. This new entity aims to be...
- Cyient to acquire Tao Digital in $218 million all-cash dealMid-tier engineering services provider Cyient is acquiring US-based Tao Digital Solutions for $218 million in an all-cash deal. This strate...
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