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    October 14, 2026
    CCI approves acquisition of majority stake in Tribhovandas Bhimji Zaveri Limited by GRT Jewellers (India) Private Limited
    October 14, 2026
    CCI approves the acquisition of certain shareholding in Kids Clinic India by NuageLux BidCo S.à r.l
    October 14, 2026
    CCI approves acquisition of certain shareholding in FarMart Service Pvt Ltd by Impact Fund Denmark, Belgian Investment Company for Developing Countrie...
    October 14, 2026
    Frequently Asked Questions (FAQs) on Strategic Restructuring of IDBI Bank Ltd.
    October 14, 2026
    Government Approves Strategic Restructuring of IDBI Bank Ltd.
    October 14, 2026
    Central Bureau of Narcotics (CBN) strengthens Nasha Mukt Bharat vision by dismantling vast illicit cannabis cultivation in Himachal Pradesh
    October 14, 2026
    DRI busts illegal import of more than 73,00,000 kg of Pakistan-origin rock salt; four arrested
    October 14, 2026
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to embark on an official visit to Bangkok, Thailand, from 14th to 18th Octobe...
    October 14, 2026
    Annual Returns in the form of GSTR-9/9C for FY 2025-26
    October 13, 2026
    Frequently Asked Questions (FAQs) on GST Law and procedures
    October 13, 2026
    PM GatiShakti National Master Plan completes five years of transforming India’s infrastructure landscape
    October 13, 2026
    NLMC’s first end-to-end e-auction of RINL land parcels generates ₹366.33 Crore in successful bids on Day 1, 150 plots sold
    October 13, 2026
    CBI Arrests Bhopal CGST Superintendent while accepting Rs 2 Lakh Bribe
    October 13, 2026
    Union Finance Minister Smt. Nirmala Sitharaman concludes successful visit to Singapore, focusing on strengthening investment and financial cooperation
    October 12, 2026
    Commerce and Industry Minister Shri Piyush Goyal Calls for Doubling India-UK Bilateral Trade by 2030
    October 12, 2026
    Joint Statement of the 16th Meeting of the India–UK Joint Economic and Trade Committee (JETCO)
    October 12, 2026
    Union Minister of Commerce and Industry Shri Piyush Goyal Emphasises a Twin-Track Approach of Global Technologies and Employment Generation
    October 12, 2026
    Central Bureau of Narcotics (CBN) M.P. Unit seizes over 4.2 tonnes of poppy straw in two operations; Three persons arrested
    October 12, 2026
    DRI seizes around 5.8 kg foreign-origin gold worth Rs. 9 crores from a secret cavity in car, uncovering a sophisticated gold smuggling modus operandi;...
    October 12, 2026
    DRI cracks down on gold smuggling from Bangladesh in Eastern Region; seizes over 7.8 kg foreign-origin gold; six arrested
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October 14, 2026
CCI approves acquisition of majority stake in Tribhovandas Bhimji Zaveri Limited by GRT Jewellers (India) Private Limited
Show AI Summary
Majority stake acquisition in the jewellery sector receives competition clearance for GRT Jewellers' purchase of Tribhovandas Bhimji Zaveri.
Competition Commission of India approved GRT Jewellers (India) Private Limited's proposed acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited. The transaction concerns entities operating in the Indian gems and jewellery market, including a private limited acquirer and a publicly listed target engaged in manufacturing and sale of gems and jewellery.
October 14, 2026
CCI approves the acquisition of certain shareholding in Kids Clinic India by NuageLux BidCo S.à r.l
Show AI Summary
Minority shareholding acquisition in mother and baby healthcare receives competition clearance for a private equity-backed investment.
Competition Commission of India clearance authorises NuageLux BidCo S.a r.l. to acquire approximately 23% of the fully diluted shareholding in Kids Clinic India Ltd. The transaction constitutes an acquisition of a minority equity interest in a healthcare provider operating under the Cloudnine brand. NuageLux BidCo is a Luxembourg-incorporated private limited special purpose vehicle, ultimately controlled by Permira Holdings Ltd.
October 14, 2026
CCI approves acquisition of certain shareholding in FarMart Service Pvt Ltd by Impact Fund Denmark, Belgian Investment Company for Developing Countries SA/NV and Orios Fund III
Show AI Summary
Competition clearance permits development finance and alternative investment funds to acquire equity in an agricultural commodities trading business.
Competition clearance has been granted for the acquisition of certain equity shareholding in FarMart Service Private Limited by Impact Fund Denmark, Belgian Investment Company for Developing Countries SA/NV, and Orios Fund IIIa. FarMart conducts business-to-business trading, purchasing and selling of agricultural products and commodities in India and international markets. The acquiring investors include development finance institutions and a sub-fund of a SEBI-registered Category II alternative investment fund.
October 14, 2026
Frequently Asked Questions (FAQs) on Strategic Restructuring of IDBI Bank Ltd.
Show AI Summary
Strategic bank restructuring requires independent valuation, qualified bidding, regulatory fit-and-proper review, and a compliance roadmap before ownership transfer.
Strategic restructuring of IDBI Bank Ltd. involves the sale of 60.72% of its shareholding to an approved Strategic Buyer, comprising holdings of the Government of India and LIC. Qualified bids were evaluated against a benchmark derived from independent Market Multiple and Asset Valuation methods, with volatile stock-market prices disregarded. Further steps require fit-and-proper assessment, a regulatory compliance roadmap, withdrawal of government and LIC board nominees, and management or sale of their residual shareholdings under applicable procedures.
October 14, 2026
Government Approves Strategic Restructuring of IDBI Bank Ltd.
Show AI Summary
Strategic bank divestment requires fit and proper screening, independent valuation, competitive bids, and continuing regulatory compliance.
Strategic restructuring of IDBI Bank Ltd. has been approved through sale of a 60.72% equity stake to a strategic buyer, with residual holdings retained by the Government of India and LIC. Bidder participation required fit-and-proper and security clearances. After initial bids fell below the reserve price, best offers were assessed against independent enterprise valuations based on the Market Multiple Method and Asset Valuation Method. The successful bid exceeded the benchmark and both fair-value estimates. Completion remains subject to regulatory credentials and a compliance roadmap.
October 14, 2026
Central Bureau of Narcotics (CBN) strengthens Nasha Mukt Bharat vision by dismantling vast illicit cannabis cultivation in Himachal Pradesh
Show AI Summary
Illicit cannabis cultivation enforcement combines source destruction, technology-assisted identification, and alternative crop development to disrupt narcotics supply chains.
Operation Parivartan uses ground surveys and drone technology to identify and destroy illicit cannabis cultivation at source, with Forest and Police Department support in difficult terrain. It also incorporates public dialogue and alternative crop development under the NDPS Policy 2012. CBN, as the apex drug law-enforcement and regulatory agency under the Department of Revenue, is responsible for identifying and destroying illicit cannabis and opium cultivation and continues such operations nationwide.
October 14, 2026
DRI busts illegal import of more than 73,00,000 kg of Pakistan-origin rock salt; four arrested
Show AI Summary
Import prohibition on Pakistani-origin goods: third-country routing and fabricated origin records triggered customs enforcement and arrests.
India's prohibition on direct or indirect import or transit of Pakistani-origin goods is alleged to have been circumvented through third-country routing and false origin documentation. Operation Deep Manifest identified rock salt imports routed through Colombo with purported UAE-issued certificates of origin and invoices. Preliminary investigation linked importers to an alleged transnational network using fabricated trade records and false declarations of origin. Containers, bank-held sales proceeds and Pakistan-origin dry dates were seized, and four persons were arrested under the Customs Act, 1962.
October 14, 2026
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman to embark on an official visit to Bangkok, Thailand, from 14th to 18th October 2026
Show AI Summary
International financial cooperation will guide multilateral and bilateral discussions on economic outlook, reform priorities, investment opportunities, and infrastructure financing.
India's Finance Minister will participate in multilateral and bilateral economic discussions addressing economic developments, financial-sector issues, the global economic outlook, development priorities, international financial cooperation, and reform of the international financial architecture. Related engagements will examine trade resilience, investment opportunities, and mobilisation of private capital for urban and water infrastructure, while highlighting India's economic performance and reform priorities.
October 14, 2026
Annual Returns in the form of GSTR-9/9C for FY 2025-26
Show AI Summary
GST annual return filing requires prior GSTR-1 and GSTR-3B filing before access to annual return forms.
GSTR-9/9C annual return filing for FY 2025-26 is enabled on the GST portal from 8 October 2026. Access to the annual-return filing tile requires filing all GSTR-1 and GSTR-3B returns for the relevant financial year. Taxpayers requiring filing assistance may submit a support ticket through the GSTN helpdesk.
October 13, 2026
Frequently Asked Questions (FAQs) on GST Law and procedures
Show AI Summary
Automated GST registration and refunds streamline compliance through risk-based processing, electronic verification, and limited officer intervention.
GST refund administration is proposed to use phased risk-based system processing, with acknowledgement or deficiency action within ten days, deemed acknowledgement on inaction, automated provisional refund for eligible low-risk zero-rated and inverted-duty claims, and fully automated refund of excess electronic cash-ledger balances. Validation failures require correction and fresh filing or referral for officer scrutiny, while final scrutiny remains applicable in specified cases. Applicants must file all due returns and submit supporting material electronically. Delayed-refund interest applies beyond the statutory period, and eligible input-service and capital-goods credit is proposed to be included in prescribed refund computations.
October 13, 2026
PM GatiShakti National Master Plan completes five years of transforming India’s infrastructure landscape
Show AI Summary
Integrated infrastructure planning under PM GatiShakti uses geospatial data and coordinated appraisal to strengthen multimodal connectivity and logistics efficiency.
PM GatiShakti National Master Plan uses an integrated geospatial planning framework to coordinate infrastructure, economic and social-sector development. The framework supports multimodal connectivity, intermodal links, last-mile access, project appraisal and synchronised implementation. It has expanded to district-level planning for local services and is supported by public-access, knowledge-sharing, decentralised data-management and monitoring systems. The Integrated Transport and Logistics Authority is intended to strengthen transport and logistics research, planning, appraisal, monitoring and impact assessment.
October 13, 2026
NLMC’s first end-to-end e-auction of RINL land parcels generates ₹366.33 Crore in successful bids on Day 1, 150 plots sold
Show AI Summary
Public asset e-auctions enable transparent land monetisation through registration, due diligence, and competitive online bidding.
NLMC's first end-to-end e-auction monetised surplus RINL land through transparent, competitive online bidding, selling 150 plots at bids above the aggregate reserve price. The process is coordinated with the asset owner and includes bidder outreach, registration, documentation, Earnest Money Deposit requirements, and online participation. A final phase for the remaining parcels requires timely registration, review of reserve prices, eligibility conditions and participation requirements, due diligence, and completion of prescribed formalities.
October 13, 2026
CBI Arrests Bhopal CGST Superintendent while accepting Rs 2 Lakh Bribe
Show AI Summary
Bribery allegations involving tax enforcement powers led to arrest during an alleged acceptance of undue advantage.
Bribery allegations concern a CGST Superintendent accused of demanding a monthly undue advantage from a scrap-business proprietor in exchange for not intercepting scrap vehicles or obstructing the business. A criminal case was registered, and a trap operation resulted in the Superintendent being apprehended while allegedly accepting the demanded undue advantage. Searches recovered cash and immovable-property documents, and the investigation remains ongoing.
October 13, 2026
Union Finance Minister Smt. Nirmala Sitharaman concludes successful visit to Singapore, focusing on strengthening investment and financial cooperation
Show AI Summary
Financial connectivity and investment cooperation focused on institutional capital, digital finance, and strategic-sector investment opportunities.
Bilateral investment and financial cooperation between India and Singapore focused on mobilising long-term institutional capital, expanding financial connectivity, and increasing investment in infrastructure and strategic sectors. Investment discussions covered AI-related infrastructure, semiconductors, renewable energy, manufacturing, MSMEs, trade finance, healthcare and food supply chains. Financial-technology dialogue addressed asset tokenisation, digital money, CBDCs, interoperability and trusted settlement arrangements, alongside possible cooperation on their use in financial markets.
October 12, 2026
Commerce and Industry Minister Shri Piyush Goyal Calls for Doubling India-UK Bilateral Trade by 2030
Show AI Summary
CETA implementation prioritises accessible origin rules, customs guidance, and business engagement to expand bilateral trade and investment.
Effective CETA implementation depends on accessible tariff schedules, rules of origin and documentation guidance, together with support for businesses navigating tariff reductions, customs procedures, regulatory requirements and procurement opportunities. Committees, working groups and a joint utilisation review are intended to receive business feedback, address implementation issues and improve use of the agreement. Sectoral round tables, delegations and exhibitions, along with mutual recognition and capacity-building, are envisaged to support new exporters, product lines, investment and partnerships.
October 12, 2026
Joint Statement of the 16th Meeting of the India–UK Joint Economic and Trade Committee (JETCO)
Show AI Summary
CETA implementation establishes annual utilisation data exchanges and institutional mechanisms to support preferential trade and resolve business barriers.
CETA implementation includes annual exchanges of utilisation data and business feedback, beginning one year after entry into force, to identify barriers to preferential tariff use and support needs. Committees, working groups and government contact points will be established to maintain operational implementation and address emerging issues. Certificates of Origin issued through self-certification support claims for preferential treatment, while tariff-rate quotas apply to specified vehicle imports.
October 12, 2026
Union Minister of Commerce and Industry Shri Piyush Goyal Emphasises a Twin-Track Approach of Global Technologies and Employment Generation
Show AI Summary
Trade openness and domestic manufacturing are positioned to expand technology access, investment, employment, and global competitiveness.
Global market engagement through Free Trade Agreements is paired with domestic manufacturing and employment objectives. Access to advanced technologies and electronics is linked to investment in electronics, white goods and semiconductor manufacturing. Tourism, demographic advantage and international demand for Indian workers are identified as employment opportunities. Car-import quota arrangements with the United Kingdom and European Union are described as focused on expensive vehicles, while domestic automobile manufacturing and world-class quality standards are positioned as central to global competitiveness.
October 12, 2026
Central Bureau of Narcotics (CBN) M.P. Unit seizes over 4.2 tonnes of poppy straw in two operations; Three persons arrested
Show AI Summary
NDPS enforcement targets concealed poppy straw trafficking through intelligence-led vehicle interceptions, seizures, arrests, and continuing network investigation.
NDPS Act enforcement involved two intelligence-based vehicle interceptions leading to seizure of 4,209.80 kg of concealed poppy straw, two vehicles and wheat bags used as cover cargo. Three persons were arrested under the relevant provisions. The recovered contraband included lanced poppy straw, unlanced poppy straw and poppy straw powder. Investigation continues to identify the source, intended recipients and other persons connected with the trafficking network.
October 12, 2026
DRI seizes around 5.8 kg foreign-origin gold worth Rs. 9 crores from a secret cavity in car, uncovering a sophisticated gold smuggling modus operandi; two arrested
Show AI Summary
Gold smuggling through engineered vehicle cavities triggered customs seizure and arrests after intelligence-led interception of interstate transport routes.
Intelligence-led customs enforcement intercepted a car travelling from Kolkata to Hyderabad at Visakhapatnam and recovered 5,832.90 grams of 24-carat foreign-origin gold from a specially fabricated cavity beneath the front co-passenger seat leg space. The occupants reportedly admitted that the gold had been smuggled into India through the Indo-Bangladesh border. The gold was seized under the Customs Act, 1962, and both occupants were arrested.
October 12, 2026
DRI cracks down on gold smuggling from Bangladesh in Eastern Region; seizes over 7.8 kg foreign-origin gold; six arrested
Show AI Summary
Cross-border gold smuggling faces intelligence-led seizures where transporters cannot substantiate lawful possession or procurement of foreign-origin gold.
Intelligence-led enforcement against cross-border gold smuggling resulted in the seizure of foreign-origin gold moved through road and railway corridors connecting Bangladesh-border areas and Tripura with Kolkata. Vehicle occupants and railway passengers failed to furnish documents supporting lawful possession or procurement of the gold. Investigations linked gold recovered in bangles and bars to material smuggled across the Indo-Bangladesh border and indicated the involvement of an organised syndicate using transport routes to move gold towards major markets.

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Home › news › Corp. Laws, SEBI & IBC › 2026 › October, 2026 › This
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CCI approves acquisition of certain shareholding in FarMart Service Pvt Ltd by Impact Fund Denmark, Belgian Investment Company for Developing Countries SA/NV and Orios Fund III

October 14, 2026

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The Competition Commission of India (CCI) has approved the acquisition of certain shareholding in FarMart Service Private Limited by Impact Fund Denmark, Belgian Investment Company for Developing Countries SA/NV and Orios Fund III.

The proposed combination relates to the acquisition of certain equity shareholding in FarMart Service Private Limited (FarMart) by Impact Fund Denmark (IFDK), Belgian Investment Company for Developing Countries SA/NV (BIO), and Orios Fund IIIa (Orios).

IFDK is a Danish Development Finance Institution (DFI) established according to an act of parliament to promote investments that support sustainable development in developing countries.

BIO is a public limited liability company incorporated under the laws of Belgium. BIO operates as a DFI established to support the private sector in developing and emerging countries.

Orios is the scheme/sub-fund of Orios Venture Partners Fund III, which is a SEBI-registered category II Alternative Investment Fund.

FarMart is an Indian company primarily engaged in the business of trading, purchasing or selling agricultural products and commodities on a business-to-business basis in India and internationally.

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