
Parliament approves Energy Conservation amendment bill

CCI Clears Temasek And Ivanhoe Cambridge India Realty Deal
The Competition Commission of India (CCI) has approved a proposed combination involving Jongsong Investments Pte Ltd, Ivanhoe Cambridge Singapore Investments II Pte Ltd (IC Singapore), and several Singapore-based holding entities with investments in India’s real estate sector.The approved transaction includes Jongsong Investments, an indirect wholly owned subsidiary of Temasek Holdings, and IC Singapore, a wholly owned subsidiary of Ivanhoe Cambridge Inc — the real estate arm of Canada’s Caisse de dépôt et placement du Québec (CDPQ).Under the approved structure, Jongsong Investments w..

Maharashtra Clears Cluster Redevelopment Plan For Mumbai Slums
The Maharashtra cabinet has approved a new cluster redevelopment scheme for Mumbai’s slums, paving the way for a large-scale urban renewal drive aimed at transforming informal settlements into integrated housing projects with modern infrastructure. The decision was taken on 7 October.Under the initiative, slum clusters spread across more than 50 acres will be redeveloped into planned residential zones featuring improved living standards, enhanced amenities, and upgraded civic facilities. The Slum Rehabilitation Authority (SRA) will be the implementing agency for the project, which aims to ac..

CCI Clears Lloyds Metals’ 49.99 Per Cent Stake In Thriveni Pellets
The Competition Commission of India (CCI) has approved the acquisition of a 49.99 per cent equity stake in Thriveni Pellets Private Limited (TPPL) by Lloyds Metals and Energy Limited (LMEL).The proposed combination involves Lloyds Metals acquiring nearly half of TPPL’s share capital, strengthening its presence in the domestic iron ore and pellet industry.Lloyds Metals and Energy Limited was originally incorporated as an iron ore mining company. Its business operations now span four major segments: iron ore mining, direct reduced iron (DRI) production, captive power generation, and pellet tra..