Prime Minister Internship Scheme expands paid internships, improving youth employability and industry absorption through pilot phase and corporate partnerships.
The Prime Minister Internship Scheme (PMIS) is a paid internship program for youth aged 21-24 who are not in full time study or employment, offering placements with leading companies to enhance employability and enable conversion of interns into full time roles. Presented as a five year initiative with a pilot phase underway, PMIS relies on corporate partnerships to deliver upskilling, workplace adaptability, and placement outcomes, and aims to scale broadly over the program period; further details are available on the official PMIS portal.

Vedanta acquisition of Jaiprakash Associates via insolvency process approved, affecting merger control and insolvency compliance obligations.
The Competition Commission of India approved Vedanta Limited's acquisition of Jaiprakash Associates Limited as a Proposed Combination consummated pursuant to a corporate insolvency resolution process under the IBC, with Vedanta as the listed acquirer and JAL in CIRP; a detailed commission order will follow.

Public disclosure of ultimate beneficial owners and portfolios of AIFs and FPIs sought to boost market transparency.
Petition requests mandatory public disclosure of ultimate beneficial owners and portfolio holdings of AIFs and FPIs to enhance transparency; the bench questioned use of an Article 32 petition for broad investigatory disclosure, described it as liable to enable a "roving and fishing" inquiry, and directed amendment of the plea to challenge SEBI's reply and to rely on or await administrative consideration of the petitioner's representation to SEBI.

Sahara plea to sell 88 properties to Adani prompted court directions for government, SEBI responses and property rights audit.
Supreme Court directed impleading of the Union ministries of Finance and Cooperation and sought responses from the Centre, SEBI and other stakeholders to Sahara India Commercial Corporation Ltd's application to sell 88 properties to Adani; amicus curiae was instructed to collate an inventory distinguishing properties with crystallised rights, disputed title, or doubts, aided by assisting counsel, while parties claiming rights must disclose them and Sahara must examine unpaid worker claims before the Court considers piecemeal versus single-transaction sale.

Bankruptcy annulment discontinued, enabling trustee to realise assets under the standing bankruptcy order while India proceedings remain material.
Discontinuance of the annulment application enables the Trustee in Bankruptcy to proceed with investigating and realising assets within the bankruptcy estate, leaving the existing bankruptcy order intact. The banks had registered an Indian DRT judgment and obtained interim reliefs including a worldwide freezing order prior to the bankruptcy order; Indian recovery proceedings are material to any future annulment application.

Identity fraud: arrest and seizure of counterfeit identity documents and equipment following fake Aadhaar card operation uncovering forged entries.
An operator of a public service centre was arrested for allegedly producing fake Aadhaar cards by creating forged entries instead of updating details through the UIDAI system; police seized multiple counterfeit Aadhaar cards, a laptop, a computer and printers, registered a criminal case, and the accused was sent to judicial custody.

Sahara asset sale to Adani seeks court approval to unlock funds for investor claims and resolve pending proceedings.
SICCL seeks permission to sell 88 immovable properties to Adani Properties under a term sheet dated September 6, 2025, to unlock value held in the SEBI-Sahara Refund Account and satisfy court-directed financial obligations and investor claims. The statement notes realisation of approximately Rs 16,000 crore of an asserted Rs 24,030 crore principal from prior asset liquidations deposited into the refund account, and cites SEBI's inability to market the assets, adverse market conditions, pending litigation, and loss of the group's decision-maker as impediments to further recoveries.

Devesh Tripathi receives honorary doctorate for contributions to corporate and international taxation and advocacy for pro bono legal practice.
Devesh Tripathi received an Honorary Doctorate in Business Management from California University San Diego for contributions to corporate and international taxation, commercial law, and legal theory; the recognition cites his professional experience in taxation, corporate litigation, international arbitration, sanctions law, dispute resolution, and intellectual property, and underscores his advocacy for integrity and pro bono work among new lawyers.

Public disclosure of ultimate beneficial owners sought to require transparency in AIF and FPI holdings and intermediaries' portfolios.
Petition requests a mandate for public disclosure of ultimate beneficial owners and portfolio holdings of alternative investment funds, foreign portfolio investors and their intermediaries to promote market transparency; petitioner filed a representation to SEBI and challenges SEBI's reply that relies on anti money laundering regulations rather than addressing the disclosure demand. The petitioner seeks incorporation of additional affidavits into the writ petition by amendment, and the court directed amendment and scheduled further hearing.

HNGIL revival: INSCO acquires HNGIL via insolvency resolution, compensates creditors, delists shares and commits major capex.
INSCO's takeover of HNGIL was completed through the insolvency resolution process with tribunal and regulatory clearances; the resolution plan provided upfront and deferred payments to creditors and workmen, allocated 5% equity to assenting financial creditors, resulted in roughly 60% recovery of admitted claims after a 40% haircut, and included a committed capital expenditure of around Rs 1,000 crore alongside delisting to simplify ownership transfer.

Voter list mapping deadline imposed, officials ordered to complete SIR verification; Aadhaar not accepted as citizenship proof.
The Election Commission ordered expedited completion of voter list mapping in West Bengal under the Special Intensive Revision, setting a strict seven day deadline (excluding disaster affected districts), warning of action for malpractices, and assigning oversight to district magistrates, EROs and assistant EROs. The Commission required real time data uploads via the ERONET app, urged cluster based technical training for Booth Level Officers, mandated formal inquiries or hearings where parental details are missing from the 2002 roll, and confirmed that Aadhaar is only proof of identity, not citizenship, for SIR.

IICA conference on CSR for tribal development calls for collaborative, data-driven, community-led initiatives with measurable targets.
The conference urged adoption of clear objectives, measurable targets, and outcome evaluation to ensure CSR delivers tangible social and environmental impact, prioritizing activities, technical assistance and long-term capacity building over fund-based routing. It called for a convergence framework aligning public enterprises, corporates, government and civil society, a revamped digital platform for project mapping and collaboration, geographically balanced need-based funding, and use of data, AI and analytics for real-time monitoring and outcome-oriented CSR programming.

Vice President seeks cross party support for smoother Rajya Sabha functioning, debate access and committee inclusion.
Vice President C P Radhakrishnan sought cross party support to ensure smooth, structured functioning of the Rajya Sabha; leaders requested allowance of calling attention motions and short duration discussions, protection of private members' business, the ability to raise state related issues, better handling of disallowed questions, and that all bills be referred to standing committees with Rajya Sabha representation rather than leaving members off select committees.

CSR compliance drives corporate engagement for tribal development, prioritising capacity building, measurable impact and SDG alignment.
The conference convened by IICA promoted CSR excellence for tribal development, stressing corporate compliance with the statutory CSR framework and a transition to impact-oriented engagement beyond mandated spending. Key operational priorities included capacity building of implementing agencies, strengthened CSR governance, cross-sectoral partnerships, and alignment of CSR programs with the UN 2030 Agenda. Speakers advocated targeted interventions-education, skills, health, livelihood value addition, branding and digital market access-and the use of innovation and AI to improve service delivery and achieve measurable outcomes for tribal communities.

3D technology adoption accelerates through a pan sector expo promoting indigenous manufacturing and frugal innovation for medical and industrial use.
An industry exposition aims to accelerate 3D technology adoption by combining demonstrations, certification and lab setup workshops, dedicated medical and industrial tracks, panel discussions on additive manufacturing and simulation, and networking to promote indigenous manufacturing, frugal innovation, and Make in India-aligned capacity building for hospitals, academia, MSMEs, and research organisations.

NCCSR 2025 promotes CSR initiatives for tribal development, showcasing scalable models and national cross-sector partnerships.
IICA will host NCCSR 2025 on 6-7 October 2025 in New Delhi to align government policy and corporate CSR programming for tribal development, featuring expert panels, a Social Innovation Lab, a tribal cultural showcase, an exhibition of 30-35 stalls, and the release of a National Compendium on CSR Best Practices to recognise and disseminate scalable models.

Seed funding secures launch of a Notion-based UX for AI Research Manual enabling structured AI product research for students and startups.
BrandRx Studios LLP closed a seed funding round and launched the Notion-based UX for AI Research Manual: a living toolkit prioritizing research-driven product development. The manual offers standardized research patterns on trust, accountability, explainability, and automation; practical activities (AEIOU, journey mapping, 5 Whys); bite-sized learning; and continuous free updates. BrandRx will expand access through digital platforms and academic partnerships, deliver workshops and bootcamps, and produce additional manuals to help students, startups, and designers validate ideas and align user needs with product goals.

Corporate transition: fintech firm moving toward public company status amid claims of AI banking innovation and organisational certifications.
The release recognises ten individuals and notes corporate and organisational credentials: Virtual Galaxy Infotech Limited is described as transitioning into a public limited company with AI-driven banking and payments products; Kiteskraft Productions LLP is presented as ISO and MSME certified and registered under the Ministry of Corporate Affairs. The document also states institutional certifications and business scale for featured organisations, factual assertions that may implicate company law, securities regulation, certification validation, and consumer protection or advertising compliance.

Insolvency and Bankruptcy Code reforms target faster resolutions, stronger creditor recoveries, and better value realisation through capacity and technology.
Emphasis on enhancing the Insolvency and Bankruptcy Code through measures to ensure timely admissions and resolutions, strengthen creditor recovery mechanisms, improve value realisation via competitive bidding and innovative platforms, and build institutional capacity and technology deployment; the proposed Amendment Bill, 2025 is framed as the next reform phase focused on operational efficiency, transparency and accountability.

Aadhaar-based face authentication enhances ration beneficiary verification, improving accessibility for vulnerable residents and strengthening governance.
Himachal Pradesh implemented Aadhaar-based face authentication in the Public Distribution System, reportedly the first state to do so, developed in consultation with the Department of Digital Technologies and Governance and UIDAI; the solution is cost-effective, simple to operate, increases authentication success rates, and makes beneficiary verification more seamless for senior citizens, specially-abled persons and residents of remote areas.