Money Matters
CCI Dismisses Bid-Rigging Allegations Against Adani, RP-Sanjiv Goenka in Coal Block Auctions
CCI Dismisses Bid-Rigging Allegations in Coal Block Auctions, Citing Lack of Evidence and Delay: New Delhi — The Competition Commission…
Hanwha Ocean Opens India Global Engineering Center in Noida
Hanwha Ocean’s India Global Engineering Center: Delhi, 31 July 2025. In a move that underscores its commitment to global expansion and technical leadership, Hanwha Ocean, a key player in the offshore energy and defense sectors, has officially inaugurated its Global Engineering Center in Noida, India earlier this week. Located near the Indian capital of Delhi, Noida is fast emerging as one of the country’s prime engineering hubs, boasting a competitive talent pool and an ecosystem that supports cutting-edge technological innovation.
NISAR Satellite Marks Historic Milestone in U.S.-India Space Cooperation
ISRO’s GSLV-F16 Rocket Successfully Launches NASA-ISRO’s NISAR Satellite: In a landmark achievement for space exploration and international cooperation, the launch…
IPO News: Juniper Green Energy Proposes Rs 3,000 Crore Initial Public Offering
Juniper Green Energy Proposes ₹3,000 Crore IPO: Mumbai, July 28, 2025 – Juniper Green Energy Limited, a prominent player in India’s renewable energy sector, has announced its intention to launch an Initial Public Offering (IPO) of equity shares worth Rs 3,000 crore. The company, which specializes in the development, operation, and management of solar, wind, and hybrid power projects, aims to accelerate its growth trajectory and expand its renewable energy footprint in the country.
Multiples Private Equity Acquires Controlling Stake in VIP Industries for ₹1,763 Crore
Multiples Private Equity Acquires Controlling Stake in VIP Industries for ₹1,763 Crore: In a landmark deal poised to reshape the luggage and travel accessories landscape in India, Multiples Private Equity Fund has secured a controlling stake in VIP Industries Limited, one of the country’s most recognized names in travel goods. The transaction, valued at a robust ₹1,763 crore ($211.56 million USD), will see the private equity giant acquire approximately 32% of VIP Industries, marking a significant shift in the ownership of the iconic brand.
Wilmar Acquires 20% Stake in AWL Agri Business from Adani for Rs 7150 Crores
Wilmar Acquires 20% Stake in AWL Agri Business from Adani for $860 Million: Ahmedabad, India — In a significant move within the Indian FMCG sector, Wilmar Group has agreed to acquire a 20% stake in AWL Agri Business Limited from Adani Group for a total consideration of ₹7,150 crore (approximately $860 million). The acquisition, which marks a major shift in the ownership structure of the prominent food and beverage conglomerate, was finalized through Wilmar’s wholly-owned subsidiary, Lence Pte. Ltd.
Future of International Arbitration Also Belongs to India: Justice Surya Kant
India as a hub for International Arbitration: GOTHENBURG, SWEDEN – In a significant pronouncement that reverberated through the international legal community, Supreme Court Justice Surya Kant declared on Thursday that “The future of arbitration is not just international — it is also Indian.” Speaking at a pivotal roundtable in Gothenburg, Sweden, Justice Kant laid out a compelling vision for India’s burgeoning role as a global arbitration destination, signaling a transformative shift in the landscape of international dispute resolution.
Walkoo Food Acquires Majority Stake in Meemee’s Ice Creams
Walko Food Acquires Majority Stake in Meemee’s Ice Creams, Think Law, Burgeon Law Act as Advisors: Mumbai, India – Walko Food Company Private Limited, the parent company behind the popular NIC Ice Cream brand, has announced a significant strategic move into India’s burgeoning artisanal dessert segment with the acquisition of a majority stake in Scoop Some More Private Limited, which operates under the brand name MeeMee’s Ice Creams. This acquisition marks a sweet expansion for Walko Food, broadening its dessert portfolio and tapping into a market segment known for its innovative and youth-oriented products.
Don’t Burden Yourself with Loans for Foreign LLM Degrees.: CJI BR Gavai
Don’t Burden Yourself with Loans for Foreign LL.M.: CJI BR Gavai to Law Graduates: Hyderabad, India – Chief Justice of India…
Uttarakhand Panchayat Election: High Court Stays EC Decision to Allow Candidates With Names on Multiple Voter Rolls
Uttarakhand High Court Stays EC Move Allowing Candidates on Multiple Voter Rolls: NAINITAL, UTTARAKHAND – In a significant intervention impacting the integrity of local elections, the Uttarakhand High Court has temporarily stayed a controversial clarification issued by the State Election Commission (SEC). The SEC’s directive, which permitted candidates whose names appear on multiple electoral rolls to contest polls, has been deemed “prima facie” contrary to the provisions of the Uttarakhand Panchayati Raj Act.
News
Walkoo Food Acquires Majority Stake in Meemee’s Ice Creams
Walko Food Acquires Majority Stake in Meemee’s Ice Creams, Think Law, Burgeon Law Act as Advisors: Mumbai, India – Walko Food Company Private Limited, the parent company behind the popular NIC Ice Cream brand, has announced a significant strategic move into India’s burgeoning artisanal dessert segment with the acquisition of a majority stake in Scoop Some More Private Limited, which operates under the brand name MeeMee’s Ice Creams. This acquisition marks a sweet expansion for Walko Food, broadening its dessert portfolio and tapping into a market segment known for its innovative and youth-oriented products.
Wilmar Acquires 20% Stake in AWL Agri Business from Adani for Rs 7150 Crores
Wilmar Acquires 20% Stake in AWL Agri Business from Adani for $860 Million: Ahmedabad, India — In a significant move within the Indian FMCG sector, Wilmar Group has agreed to acquire a 20% stake in AWL Agri Business Limited from Adani Group for a total consideration of ₹7,150 crore (approximately $860 million). The acquisition, which marks a major shift in the ownership structure of the prominent food and beverage conglomerate, was finalized through Wilmar’s wholly-owned subsidiary, Lence Pte. Ltd.
Income Tax department raids a prominent builder in Mumbai
Income Tax officers have raided more than 40 places linked to the builder in Mumbai and Pune and unearthed bogus transactions worth Rs 700 crore.
Income Tax department raids a prominent builder in Mumbai
Income Tax officers have raided more than 40 places linked to the builder in Mumbai and Pune and unearthed bogus transactions worth Rs 700 crore.
GST Return: How to file GST Nil returns by sending SMS
How to file Nil GSTR-1 Returns through SMS: In a big relief to GST taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has allowed the filing of NIL GSTR-1 return just by sending a SMS. It would substantially improve ease of GST compliance, according to the tax experts.
Tax
Crackdown: Income Tax dept raids two liquor groups in TN, unearths undeclared income of Rs 700 crore
Cracking down on tax evasion: In the two raids conducted over the last week, income tax officials have unearthed sham transactions worth Rs 700 crore.
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CCI Dismisses Bid-Rigging Allegations Against Adani, RP-Sanjiv Goenka in Coal Block Auctions
CCI Dismisses Bid-Rigging Allegations in Coal Block Auctions, Citing Lack of Evidence and Delay: New Delhi — The Competition Commission of India (CCI) has dismissed a major complaint alleging cartelisation…