
Indian Naval Ship Kadmatt Docks in Fiji for Goodwill Visit

CCI Approves Triumph Composites’ Acquisition of Owens-Corning India
The Competition Commission of India (CCI) has approved the proposed acquisition of the entire shareholding of IPM Inc. and OC NL Invest Cooperatief U.A. (OC India Sellers) in Owens-Corning (India) Pvt. Ltd. by Triumph Composites Pvt. Ltd. and Quartz Fibre Private Limited.Triumph Non-Ionics Private Limited (now Triumph Composites Private Limited) along with 3B Lux S.À R.L, Owens Corning, Artek US Holding Corp., and Ayana Chemicals Singapore Pte. Limited entered into a Master Share Purchase Agreement (MSPA) on 13 February 2025. Under the agreement, the parties agreed to the sale of Owens Cornin..

BMC Approves Phase 2 of Kala Ghoda Precinct Upgrade
With the first phase of the Kala Ghoda precinct development nearing completion, the Brihanmumbai Municipal Corporation (BMC) has approved the second phase, aimed at upgrading five key roads while introducing a public plaza and improved parking. The project forms part of a broader plan to transform the city’s iconic art district into a greener, more pedestrian-friendly cultural hub.Phase 2 will cover Mahatma Gandhi Road, K Dubash Road, Nagindas Road, Chamber of Commerce Lane, and Forbes Street, while Phase 1 work continues at V B Gandhi Marg, Rutherfield Street, Rope Walk Lane, Saibaba Road, ..

Reliance Raises Rs 210 Billion via Asset-Backed Securities
Billionaire Mukesh Ambani’s Reliance Group companies raised approximately Rs 210 billion ($2.4 billion) on Monday through asset-backed securities (ABS), sources familiar with the matter said, making it among the largest such deals in India this year.Around three-quarters of the issuance was purchased by leading domestic asset managers, including Aditya Birla Sun Life AMC, HDFC AMC, ICICI Prudential AMC, Nippon Life India AMC, and SBI Funds Management, according to the sources.The securities, issued as pass-through certificates, came via three trusts — Radhakrishna, Shivshakti, and Siddhivi..