CCI Approves Hindustan Unilever’s Acquisition of Uprising Science

18 Mar 2025 CW Team

The Competition Commission of India (CCI) has granted approval for the acquisition of Uprising Science Private Limited by Hindustan Unilever Limited (HUL).

Transaction Details The acquisition involves HUL acquiring a 90.5% stake in Uprising Science Private Limited. The remaining 9.5% shareholding will be acquired within two years from the completion date, as outlined in the Share Purchase & Subscription Agreement between HUL and the target company. About Hindustan Unilever Limited (HUL) HUL is a leading FMCG company engaged in the manufacture and sale of:

Home care products Beauty & personal care products Food and refreshment products The company has a diverse portfolio of over 50 brands, including:

Lux, Surf Excel, Fair & Lovely, Lakmé, Knorr, Kwality Wall’s, Brooke Bond, and BRU. About Uprising Science Private Limited The target company is engaged in the manufacture and sale of beauty and personal care products, including:

Skincare & body care products Baby care products Hair care products Next Steps A detailed order from the Competition Commission of India on the acquisition will follow in due course.

Infrastructure Urban

10 Sep 2025

Vedanta invests Rs 12,500 cr to boost EV-focused metal output

Vedanta Ltd has announced an investment of over Rs 12,500 crore to ramp up metal manufacturing, focusing on the needs of India’s growing electric vehicle (EV) sector.The company’s portfolio includes aluminium, zinc, value-added alloys, copper, steel, nickel and ferrochrome. The new investments cover aluminium smelter expansion, increased production of aluminium value-added products, a zinc alloy plant, a roaster facility for zinc production, and ferrochrome capacity augmentation.Vedanta’s aluminium products, including primary foundry alloys, billets for battery casings, HVAC systems, and..

India, Israel sign Rs 16k cr bilateral investment treaty

India and Israel have signed a Bilateral Investment Treaty (BIT) in New Delhi to enhance economic and financial cooperation, the Finance Ministry announced recently. The agreement was signed by Finance Minister Nirmala Sitharaman and Israel’s Finance Minister Bezalel Smotrich.Israel is the first OECD member country to sign such a treaty with India under its new investment framework. The pact will facilitate reciprocal investments, ensure transparency, protect investors from risks such as expropriation, and provide an independent arbitration mechanism for dispute resolution.The agreement is e..

LTIMindtree renews digital transformation pact with OKQ8

LTIMindtree has renewed its strategic partnership with OKQ8, one of the largest fuel companies in the Nordic region. The collaboration underscores the IT services firm’s role as a trusted partner in driving digital transformation.The extended engagement will focus on modernising OKQ8’s technology landscape across cloud and infrastructure management, application development and maintenance, and enterprise platforms such as CRM and ERP powered by Microsoft Dynamics. LTIMindtree will also integrate AI-driven processes to improve efficiency, customer experience and sustainability outcomes.Clas..