
Centre proposes simpler clearance process for forest land use

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..

India’s Auto Sales Jump 34 Per Cent During Festive Season
India’s automobile industry recorded its highest-ever festive season sales during the Navratri period from 22 to 30 September, growing 34 per cent year-on-year (YoY), according to data released by the Federation of Automobile Dealers Associations (FADA) on Tuesday.Passenger vehicle sales surged 34.8 per cent, while two-wheeler sales rose 36 per cent, fuelled by the implementation of GST 2.0 reforms and renewed consumer sentiment. Overall, automobile sales in September grew 5.22 per cent to 1.83 million units, compared with 1.74 million units in the same month last year.FADA said that while s..

Air India, STARLUX Sign Interline Deal To Boost Asia Travel
National carrier Air India has entered into an interline partnership with Taiwan-based STARLUX Airlines to expand travel options and connectivity across Asia.Under the agreement, STARLUX passengers will gain convenient access to key Indian cities including Delhi, Mumbai, Chennai, and Bengaluru through shared gateway hubs in Hong Kong, Bangkok, Singapore, Ho Chi Minh City, and Kuala Lumpur.Conversely, Air India customers will be able to enjoy smoother travel connections to STARLUX destinations across East and Southeast Asia.“The interline agreement aligns perfectly with Air India’s commitme..