Assam Poised as Act East Gateway, Sonowal tells Guwahati Dialogue
Industrial Parks Drive Smarter Infrastructure, Stronger Growth
Industrial parks are increasingly emerging as a key instrument in advancing India’s industrialisation and innovation agenda, playing a vital role in strengthening the country’s manufacturing base and economic competitiveness. Developed through collaboration between the government, state authorities and the private sector, these parks are designed to attract investment, enable efficient industrial operations and promote balanced regional development.An industrial park typically comprises a planned and developed tract of land designated for industrial use, often supported by shared infrastru..
CCI Approves Asia II Topco’s Warrant Acquisition in Federal Bank
The Competition Commission of India (CCI) has approved the acquisition of certain warrants of Federal Bank by Asia II Topco XIII, paving the way for a minority investment in the private sector lender.The proposed combination involves Asia II Topco XIII acquiring warrants issued by Federal Bank, with each warrant carrying the right to subscribe to one fully paid-up equity share of the bank. Upon full exercise of these warrants, the acquirer is expected to hold 9.99 per cent of Federal Bank’s paid-up share capital on a fully diluted basis.As part of the transaction, the acquirer will also have..
CCI Clears Tata Steel’s Acquisition of Sole Control in Tata BlueScope
The Competition Commission of India (CCI) has approved Tata Steel’s proposal to acquire sole control of Tata BlueScope Steel by purchasing the remaining 50 per cent equity stake held by BlueScope Steel Asia Holdings.With this clearance, Tata Steel will convert the existing joint venture into a wholly owned subsidiary. The proposed combination involves Tata Steel acquiring the entire shareholding currently owned by BlueScope Steel Asia Holdings, thereby ending the 50:50 joint venture structure between the two groups.Tata Steel, the acquirer, is a publicly listed company engaged in the manufac..

