regulatory approvals

Bengaluru, April 11 Karnataka Minister M B Patil on Saturday said that the state government has expedited approvals for investment projects and taken measures to reduce bureaucratic hurdles.He said that since 2022, Karnataka has approved 2,028 projects worth Rs 5.11 lakh crore, which could...

Panaji, April 8 – The Enforcement Directorate (ED) has provisionally attached immovable properties worth approximately ₹17.45 crore in connection with a money laundering investigation into the alleged illegal operation of the establishment “Birch by Romeo Lane” in Arpora, Goa, according to a...

New Delhi, April 8 Japan's MUFG Bank acquired a 20 per cent stake in Shriram Finance Ltd (SFL) for ₹39,618 crore on Wednesday.This transaction represents the largest cross-border investment in India's financial services sector."This follows the approval by SFL's Board of Directors, at its...

New Delhi, April 7 Sebi on Tuesday extended the validity of IPO and rights issue approvals until September 30 to give companies more time to launch their offerings, amid ongoing tensions in West Asia.According to a Sebi circular, the regulator's observation letters, which were originally set...

New Delhi, April 5 As many as 38 companies, including SBI Funds Management and Manipal Health Enterprises, filed preliminary IPO papers with Sebi in March 2026, signaling improving issuer sentiment even as regulatory timelines contributed to the surge.This marks a sharp jump from 22 filings in...

New Delhi, April 3 The Reserve Bank of India (RBI) has granted approval to Dubai-based Emirates NBD Bank to acquire up to 74% stake in RBL Bank, paving the way for the bank to become a foreign lender.The approval from the RBI came on April 1, with a validity of one year, RBL Bank said in a...

Mumbai, April 2 The TVS Venu Group announced on Thursday that it will acquire PGIM's India asset management business for an undisclosed amount.The Chennai-based conglomerate, which operates in the auto, financial services, and real estate sectors, has entered into definitive agreements to...

March 31, New Delhi – InterGlobe Aviation Limited announced on Tuesday the appointment of William Walsh as Chief Executive Officer, subject to regulatory approvals.Walsh's tenure at the International Air Transport Association will conclude on July 31, 2026. He is expected to assume the role at...

New Delhi, March 30 Gaming and sports media firm Nazara Technologies announced on Monday that its board has approved a proposal to raise ₹500 crore through a preferential issue of warrants.The funds raised through this instrument will primarily support strategic acquisitions, including the...

New Delhi, March 25 The government has mandated that the supply of cooking gas, LPG, to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a...

New Delhi, March 25 The government has mandated that the supply of cooking gas, LPG, to households will be discontinued if consumers fail to switch to piped natural gas where such connectivity is available, under a new order aimed at accelerating gas network expansion and reducing reliance on a...

New Delhi, March 18 Bain Capital has received approval from the RBI for joint management control of Manappuram Finance and its subsidiaries following the acquisition of a stake in the gold loan firm.Following the proposed acquisition of up to 41.66 per cent stake in Manappuram Finance, its...

New Delhi, March 18 Diversified gaming and sports media firm Nazara Technologies said on Wednesday that its UK-based subsidiary will acquire a 50 per cent controlling stake in Spanish social gaming platforms Bluetile Games and BestPlay Systems for USD 100.3 million (about Rs 918 crore).Of the...

New Delhi, March 17 Varun Beverages announced on Tuesday that its South African subsidiary, Bevco, will acquire Crickley Dairy Proprietary for Rs 131.47 crore.The Beverage Company Proprietary Ltd (Bevco) "has executed an agreement dated March 17, 2026, for the acquisition of a 100 per cent...

New Delhi, March 11 Integrated shipping and logistics company Maersk has decided to levy a temporary emergency bunker surcharge on new cargo bookings to ensure the cross-border movement of essential items amid the ongoing crisis in West Asia.However, the surcharge is subject to regulatory...

March 11, New Delhi – IndiGo has issued a travel advisory, stating that it is working closely with relevant authorities to gradually rebuild its flight network in the Middle East, allowing customers to reunite with their loved ones and continue their journeys.Today, the airline will operate...

New Delhi, March 6 Three companies – energy-transition and power-electronics firm Eastman Auto and Power, precision components maker Milestone Gears, and AI firm Bonbloc Technologies – have secured Sebi's approval to raise a total of ₹3,300 crore through IPOs, according to an update released by...

New Delhi, February 25 In a move aimed at speeding up approvals for new drugs, the government has changed the way testing permissions are granted, allowing companies to begin laboratory testing immediately after filing applications instead of waiting for detailed scrutiny.In an official...

Mumbai, February 24 – Under the state government's "Ease of Doing Business" policy, the Maharashtra Pollution Control Board (MPCB) announced on Tuesday that it had reduced the approval and renewal period for industrial consent letters by 50 per cent, according to government officials.The time...

New Delhi, February 23 Mahindra & Mahindra Ltd (M&M) and Manulife of Canada announced on Monday the appointment of Suresh Agarwal as the designated Managing Director and CEO for their proposed life insurance joint venture, subject to regulatory approvals.The agreement to establish a 50:50 life...