Anil Agarwal Urges Galvanisation to Safeguard India's Economy
Galvanise or Perish: Anil Agarwal Warns of Monsoon Corrosion LossesVedanta Chairman Advocates Zinc Use to Protect National AssetsDate: 07 July 2025 | Location: New DelhiAs monsoon rains sweep across the country, Vedanta Group Chairman Anil Agarwal has sounded the alarm on a silent but costly threat to India’s infrastructure and economy: corrosion. In a widely-shared social media post, Agarwal revealed that rusting of iron and steel causes an economic loss equivalent to 5 per cent of India’s GDP every year—an avoidable yet under-addressed challenge.“Everything made of iron or steel is p..
Navi Mumbai Airport to Begin Operations by September 2025
Navi Mumbai International Airport Set for September LaunchMinister Uday Samant Says 95% of Work Complete; Phase 1 to Start with Limited CapacityDate: 08 July 2025 | Source: Hindustan TimesThe long-awaited Navi Mumbai International Airport is expected to begin operations in September 2025, according to Maharashtra Industries Minister Uday Samant. Although initially slated for an end-of-August launch, the project has faced minor delays, pushing the opening into the following month.“About 95 per cent of construction is complete. The first phase will become operational within the next two months..
CCI Approves UBS–360 ONE Deal for PMS and Lending Assets
CCI Approves 360 ONE’s Acquisition of UBS India BusinessesTransaction Includes PMS, Lending Assets, and Equity StakeDate: 08 July 2025 | Source: PIB DelhiThe Competition Commission of India (CCI) has approved the acquisition of specific Indian businesses of UBS AG and its affiliates by 360 ONE Group entities, in a multi-tiered transaction that further expands 360 ONE’s financial services footprint.The deal involves the following:19. 360 ONE Portfolio Managers Ltd (360 Portfolio) acquiring the Portfolio Management Services (PMS) business of Credit Suisse Securities (India) Pvt Ltd20. 360 ON..
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