Bharat Forge Gets CCI Nod to Acquire AAM India's Axle Unit

26 Apr 2025 CW Team

Bharat Forge Ltd (BFL) has received approval from the Competition Commission of India to acquire 100% of equity shares of AAM India Manufacturing Corporation Private Ltd (AAMCPL).

BFL manufactures and supplies metal forging products and services to various sectors such as automotive, railways, defence, construction, mining, aerospace, marine, and oil & gas both domestically and globally. AAMCPL is a company involved in manufacturing and selling axles for commercial vehicles in India.

The proposed combination is an acquisition of 100% equity shareholding of the AAMCPL by BFL. AAMCPL has to complete certain requirements before the acquisition takes place: 1) It must split off its Pune business office and components business division and transfer them to one or more affiliated companies that are part of the same parent group (AAM Holdco) but are not AAMCPL.

2) Transfer e-axle assembly lines that are currently housed in AAM Auto Component (India) Private Limited to BFL.

The Commission approved the proposed combination subject to compliance of voluntarily modifications offered by the Parties. A detailed order of the Commission will follow.

Infrastructure Urban

04 Dec 2025

ISRO’s IMAT Success Boosts Readiness for Maiden Gaganyaan Mission

Union Minister of State for Science and Technology Dr Jitendra Singh informed Parliament that ISRO has achieved a key milestone in its preparations for India’s first human space mission with the successful completion of the Integrated Main Parachute Airdrop Test (IMAT). He said in the Lok Sabha that the test forms a central part of the qualification campaign for the Crew Module’s parachute-based deceleration system, one of the most vital elements in human-rating the mission.According to Dr. Jitendra Singh, the IMAT recreated one of the most demanding descent conditions by intentionally del..

Gyanesh Kumar Takes Charge as Chair of International IDEA Council

Chief Election Commissioner of India Gyanesh Kumar has assumed the Chairship of the Council of Member States of the International Institute for Democracy and Electoral Assistance for 2026. The ceremony in Stockholm was also attended by India’s Ambassador to Sweden, Anurag Bhushan. India, a founding member of International IDEA, has long contributed to the organisation’s governance and global democratic dialogue, and the new Chairship signals broad recognition of the Election Commission of India as a trusted and innovative election management institution.During his visit, Kumar held discuss..

Coal Mines Boost Local Growth and Support India’s Energy Self-reliance

The Magadh and Amrapali coal mines in Jharkhand are playing a pivotal role in strengthening India’s energy security, contributing nearly half of Central Coalfields Limited’s total coal production in 2024–25. Both mines support the broader goal of ensuring steady coal availability for the power sector under the vision of Aatmanirbhar Bharat. Magadh has estimated mineable reserves of 854.91 million tonnes, while Amrapali holds 456.34 million tonne. For FY 2025–26, the two are expected to generate net sales revenues of Rs 28.12 billion and Rs 23.67 billion respectively. Local development ..