Monthly Archives: July, 2025

Companies

Hanwha Ocean Opens India Global Engineering Center in Noida

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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.

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News

NISAR Satellite Marks Historic Milestone in U.S.-India Space Cooperation

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ISRO’s GSLV-F16 Rocket Successfully Launches NASA-ISRO’s NISAR Satellite: In a landmark achievement for space exploration and international cooperation, the launch of the NASA-ISRO Synthetic Aperture Radar (NISAR) satellite has taken center stage as a symbol of an unprecedented partnership between two of the world’s most powerful space agencies: NASA and the Indian Space Research Organisation…

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Investment

IPO News: Juniper Green Energy Proposes Rs 3,000 Crore Initial Public Offering

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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.

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News

Multiples Private Equity Acquires Controlling Stake in VIP Industries for ₹1,763 Crore

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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.

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Companies

Wilmar Acquires 20% Stake in AWL Agri Business from Adani for Rs 7150 Crores

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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.

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News

Future of International Arbitration Also Belongs to India: Justice Surya Kant

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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.

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Companies

Walkoo Food Acquires Majority Stake in Meemee’s Ice Creams

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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.

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News

Uttarakhand Panchayat Election: High Court Stays EC Decision to Allow Candidates With Names on Multiple Voter Rolls

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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.

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News

Don’t Hide Your Mental Health Issues, CJI Gavai Tells Law Students, Legal Professionals

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Don’t Hide Your Mental Health Issues: CJI BR Gavai to Law Students: HYDERABAD, INDIA – In a candid and compassionate address to the graduating class of NALSAR University of Law, Chief Justice of India Justice B.R. Gavai delivered a powerful message urging young lawyers to confront the emotional and structural challenges inherent in the legal profession, emphasizing the critical importance of mental health and self-care. His remarks, delivered at the university’s 22nd Convocation, resonated deeply, offering both a stark reality check and an uplifting call to foster a more supportive legal community.

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Banking

Cheque Bounce: Notice on Relative Not Sufficient for Cheque Dishonor Case, says Kerala HC

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Section 138 of Negotiable Act: Notice on Relative Not Sufficient for Cheque Dishonor Case, Says Kerala High Court: Kochi, India – In a significant ruling concerning the Negotiable Instruments Act, the Kerala High Court has clarified that merely serving a notice of cheque dishonor on a relative of the accused is not sufficient to initiate proceedings under Section 138, unless it can be demonstrably proven that the accused had direct knowledge of such notice. This decision provides crucial guidance on the stringent requirements for statutory notice in cheque dishonor cases.

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News

TVS Infrastructure Trust Raises $156 Million in Landmark IPO

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TVS Infrastructure Trust Raises ₹1,300 Crore ($156 Million USD) in Landmark IPO: Mumbai, India – TVS Industrial & Logistics Parks has announced the successful listing of its Infrastructure Investment Trust (InvIT), TVS Infrastructure Trust, on the National Stock Exchange. The Initial Public Offering (IPO) has successfully raised over ₹1,300 crore (approximately $156 million USD), marking a…

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