L&T and HSBC Launch India’s First Listed ESG Bond Under SEBI Norms

CCI Clears Havells' Stake Buy in Goldi Solar and Vama Inverters LLP

The Competition Commission of India (CCI) has approved a proposed combination involving Havells India and Goldi Sun in the solar energy sector.The transaction includes:(i) Havells India  (HIL) acquiring less than 10 per cent of the issued, subscribed, and paid-up equity share capital of Goldi Solar (the Target); and(ii) Goldi Sun acquiring 100 per cent partnership interest in Vama Inverters LLP (Vama) and Goldi Energy LLP (Goldi Energy).Havells India is a diversified manufacturer and seller of electrical products in India, including fans, lighting, switches, accessories, home appliances, ..

CCI Clears BREP Asia’s Stake Acquisition in Kolte-Patil Developers

The Competition Commission of India (CCI) has granted approval for the acquisition of a significant minority stake in Kolte-Patil Developers by BREP Asia III India Holding Co VII.As per the proposed transaction, BREP Asia III India Holding Co VII (the Acquirer) will acquire up to 40 per cent shareholding in Kolte-Patil Developers (the Target) through a combination of primary and secondary investments, including share subscription and share purchase. The transaction also includes an open offer for additional shares of the Target, as per regulatory norms.The Acquirer is an affiliate of funds adv..

India Meets 241 GW Peak Power Demand on June 9 with No Shortage

Union Minister for Power, Manohar Lal, outlined key achievements and strategic initiatives in the power sector during a press conference held in New Delhi. He emphasised the government’s commitment to ensuring universal, uninterrupted access to electricity, with a clear target of achieving 100 per cent household electrification across India. He noted that the country has become power sufficient, meeting all its energy requirements and progressing towards becoming a power-surplus nation.1. India Meets Peak Demand with Zero ShortageThe Minister reported that India successfully met a peak power..