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    CCI approves proposed acquisition of The Interpublic Group of Companies, Inc. by Omnicom Group Inc.
    CCI approves the proposed acquisition of up to 9.99% of the paid up share capital of IDFC First Bank Limited by Currant Sea Investments B.V.
    Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman and Union Minister of State for Finance Shri Pankaj Chaudhary inaugurate Dire...
    NEET-PG 2025: NBE seeks SC nod to defer exam from Jun 15 to Aug 3
    IICA to Establish First Regional Campus in Northeast, Advancing Corporate Governance and Development
    Virgin Atlantic, TCS ink 7-year partnership to modernise airline's core system with AI-led solutions
    India has moved dramatically from just outsourcing to being tech, innovation hub: Virgin Atlantic CEO
    Bribery case: CBI seizes Rs 1 Cr in cash, 3.5-kg gold from IRS officer's premises in Delhi, Punjab
    CBI arrests two accused including a Senior Indian Revenue Service Officer 2007 batch, presently posted as Additional Director General, Directorate of ...
    Union Commerce and Industry Minister Shri Piyush Goyal commences three-day official visit to France;to visit Italy next
    IEPFA and SEBI Launch First “Niveshak Shivir” in Pune to Empower Investors and Resolve Unclaimed Dividends
    HIGHLIGHTS AT 9 PM
    Flouting of rules by pan masala manufacturers: NGT issues notice to Centre
    Chandigarh University Uttar Pradesh to Play Key Role in FinTech & Banking Education with Industry Collaborations for Practical Learning: TCS Sr. Consu...
    I-T dept makes available excel utility for ITR-1, ITR-4; taxpayers can start filing ITRs
    Results of Comprehensive Modular Survey: Telecom, 2025 (January – March, 2025)
    All India Workshop of Trainers for Domestic Tourism Expenditure Survey (DTES) and National Household Travel Survey (NHTS)
    IEPFA and SEBI to Launch Pilot ‘Niveshak Shivir’ in Pune to Empower Investors and Streamline Grievance Redressal and Unclaimed Dividend Claims
    India to Remain Fastest-Growing Economy for Next 30 Years: Union Minister of Commerce & Industry Shri Piyush Goyal
    UP: IRS officer injured after colleague attacks him at Income Tax Office in Lucknow
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June 4, 2025
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Merger control clearance confirms regulatory approval for acquisition of sole control through a triangular merger, order to follow.
The Competition Commission of India granted clearance for Omnicom Group Inc. to acquire sole control of The Interpublic Group of Companies, Inc. by merging its wholly owned Delaware merger subsidiary into IPG, causing the merger subsidiary to cease and IPG to remain as a wholly owned subsidiary of Omnicom; a detailed Commission order will follow.
June 4, 2025
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Competition approval for minority share acquisition via convertible preference shares in IDFC First Bank by foreign investor.
The Competition Commission of India approved the proposed acquisition of up to 9.99% of the paid-up share capital of IDFC First Bank Limited by Currant Sea Investments B.V., effected by subscription to 81,26,94,722 compulsorily convertible cumulative preference shares on a fully diluted basis; the acquirer is a Netherlands-incorporated investment holding company and the Target is a commercial bank offering deposit, lending, card, mutual fund and insurance distribution and various corporate and retail financial services.
June 4, 2025
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Enforcement and facilitation: agencies urged to investigate holistically, use data and technology, and enhance inter-agency cooperation.
The inauguration of the DRI headquarters set out core operational imperatives: treat enforcement and facilitation as complementary, investigate holistically rather than chase isolated infractions, and root enforcement in both data and ethical duty; dismantle syndicates through enhanced inter-agency and international cooperation and rapid adoption of technology and data analytics. The new building is equipped with technological infrastructure, sustainable features, and inclusivity provisions to support complex financial-crime investigations and strengthen institutional capabilities.
June 3, 2025
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Single-shift exam scheduling may be deferred pending technology partner capacity, affecting national postgraduate entrance logistics.
Permission is sought to reschedule the national postgraduate medical entrance examination because the technology partner cannot implement a single shift on the scheduled date; the authority must reopen applications, augment centres across many cities and book numerous test centres to create sufficient capacity, and therefore requests the earliest feasible alternative date identified by the partner to comply with the court's single-shift directive while ensuring transparency and secured centre identification.
June 3, 2025
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Cooperative federalism enables IICA's regional campus, expanding corporate governance training and capacity building in the Northeast.
The Ministry of Corporate Affairs, through IICA and funded under PM-DevINE, is establishing a regional Shillong campus following formal land transfer from the Government of Meghalaya. The campus will operate as a decentralized hub for specialized training, research, and policy advisory in Corporate Governance, ESG, CSR, Insolvency and Bankruptcy, Competition Law, and Board Leadership. The project is presented as cooperative federalism with joint central-state support, immediate construction commencement, program rollout within the current financial year, and collaboration with local universities and institutions for region-specific capacity building.
June 3, 2025
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Technology partnership modernisation enhances airline systems with AI-driven cloud core, operational resilience and personalised customer experience.
A seven-year commercial technology agreement tasks an IT services provider to modernise an airline's core systems by implementing a cloud-first, AI-powered digital core that unifies technology assets, enhances agility and resilience, and delivers hyper-personalised customer experiences through an advanced technology command centre and a dedicated onsite delivery team.
June 3, 2025
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Data-driven personalisation enabled by AI modernises airline operations and real time decisionmaking for enhanced customer experience.
A seven year strategic partnership mandates a cloud first, AI powered modernisation of airline technology, unifying legacy assets and establishing a Technology Command Centre to deliver real time operational insights, improve resilience and scale, and enable hyper personalised customer experiences by leveraging extensive customer data.
June 2, 2025
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Bribery allegation prompts arrest and seizure of cash and precious metals after a recorded demand and trap.
The CBI alleges a senior tax officer demanded and received an initial instalment of a bribe through an associate to settle an income tax notice issued to a pizza chain owner. Searches at the officer's and associate's residences resulted in seizure of substantial cash, gold and silver. The agency's verification relied on a covertly recorded conversation and the complainant's statement; a trap operation led to the associate's arrest at the alleged handover site and the officer's arrest at his residence, followed by remand to judicial custody.
June 2, 2025
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Bribe demand and acceptance: Two accused including a senior tax officer arrested; criminal investigation and searches ongoing nationwide.
Allegations concern a serving tax department officer and an associate accused of demanding and receiving illegal gratification in exchange for favourable treatment; part payment was received. Investigators conducted a trap in which the intermediary was caught accepting payment on behalf of the public servant, the public servant was apprehended, both were arrested for production before a competent court, and searches across multiple jurisdictions are ongoing as the investigation continues.
June 2, 2025
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Trade diplomacy advances India's economic partnerships and supports FTA negotiations through ministerial and business engagements.
Union commerce minister's visit to France focuses on strengthening bilateral and multilateral trade and investment cooperation through ministerial talks, corporate engagements at the India France Business Round Table and CEO Forum, and participation in an informal WTO ministers' gathering; the itinerary also includes bilateral meetings with multiple international trade counterparts and European Commission officials to support India EU FTA negotiations and related trade and regulatory discussions.
June 2, 2025
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Investor empowerment and unclaimed dividends: pilot outreach enables on site claims, KYC updates and guided claim submission.
Pilot Niveshak Shivir provides an on site, coordinated mechanism to assist investors in reclaiming unclaimed dividends and shares, update KYC and nomination details, and expedite claim settlement by deploying service desks, a search facility for verification, and guided completion of claim documentation, supported by market infrastructure participants and a plain language brochure explaining required documents and common causes of rejection.
June 1, 2025
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Provocation to suicide: scolding alone does not constitute legal provocation, limiting criminal liability in such cases.
The Supreme Court held that ordinary scolding does not constitute provocation to suicide and discharged an accused for lack of requisite causal and mental-state elements. The National Green Tribunal has sought the Centre's response on enforcing the Plastic Waste Management Rules against gutkha and pan masala manufacturers, indicating potential regulatory action for noncompliant plastic packaging.
June 1, 2025
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Plastic waste compliance: manufacturers of gutkha and pan masala face notice over alleged rule breaches and EPR non compliance.
Alleged breaches of the Plastic Waste Management Rules by gutkha, pan masala and tobacco manufacturers include use of prohibited plastic sachets and coatings and failures to comply with Extended Producers' Responsibility obligations; the tribunal has issued notice to the Centre and pollution control authorities after the petitioner reported lack of enforcement despite prescribed consequences for non compliance.
May 31, 2025
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FinTech and banking education expanded through AI-integrated industry collaborations to prepare industry-ready professionals and strengthen cybersecurity.
Chandigarh University Uttar Pradesh will prepare industry-ready professionals for banking, financial services and fintech by integrating AI-augmented curricula, industry collaborations, experiential learning and corporate mentorship. The panel highlighted AI's transformative impact on financial-sector functions and cybersecurity, and stressed that financial discipline, tax reform and a strong regulatory framework are essential complements to education reforms that aim to enhance employability and economic inclusion.
May 30, 2025
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ITR filing: Excel utility enabled for ITR-1 and ITR-4, easing compliance and extending the filing deadline.
The Income Tax Department has enabled an Excel utility for filing ITR-1 and ITR-4 for the stated assessment year, allowing eligible individuals, HUFs and non-audit entities to file returns and include certain long-term capital gains from listed equities in these forms. The forms were revised structurally and required additional system development, integration and testing before the utilities could be made available. The department has also extended the filing deadline for ITR-1 and ITR-4 for that year.
May 30, 2025
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Digital access and ICT skills: survey reports widespread mobile and internet usage and methodological caveats for sub national estimates.
The CMS: T (Jan-Mar 2025) used CAPI and a two-stage stratified sample (FSUs allocated by projected population; SSUs as households, SRSWOR) to produce national estimates on mobile and internet use and selected self-reported ICT skills. Operational definitions: use = at least once in prior three months; ownership = active SIM personal device with majority-use rule for joint phones. High usage and smartphone possession among 15-29 year olds and households are reported, with state-level estimates subject to sample-size and Relative Standard Error limitations; ICT skills are self-reported and online purchases exclude services.
May 30, 2025
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National Household Travel Survey to collect comprehensive travel data informing infrastructure and public transport planning.
The summary explains a preparatory national workshop for field personnel ahead of two nationwide surveys in the coming NSS round: the Domestic Tourism Expenditure Survey to collect household expenditure and trip data for the Tourism Satellite Account and the inaugural National Household Travel Survey to gather comprehensive travel behaviour data for infrastructure and public transport planning; the operation emphasizes rigorous field techniques, cross agency coordination, and near national coverage with specified accessibility exclusions.
May 30, 2025
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Unclaimed dividend facilitation enables direct investor-company engagement and on-site grievance redressal at pilot investor camps.
IEPFA and SEBI will operate pilot Niveshak Shivir camps offering direct facilitation of long-held unclaimed dividends, on the spot KYC and nomination updates, and resolution of pending IEPFA claims through dedicated kiosks where investors, companies and RTAs interact directly to expedite recovery and provide immediate grievance redressal.
May 30, 2025
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Free Trade Agreement investment clause secures major FDI commitments and complements domestic ease of doing business reforms.
The document describes coordinated international and domestic legal measures to boost investment and business ease: FTAs-highlighting an FTA investment clause with EFTA countries that secures staged foreign direct investment commitments and aims to catalyse additional ecosystem investment-alongside domestic reforms including removal of obsolete laws, decriminalisation, reduction of compliances, and the Jan Vishwas self certification framework to simplify statutory compliance. Industry government engagement on AI governance, skilling, and renewable energy policy is presented as regulatory support to attract and sustain investment.
May 30, 2025
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Workplace assault prompts police complaint, medical care and initiation of criminal investigation and legal proceedings.
An alleged workplace assault between two Income Tax Department officers resulted in one officer's injury, prompt reporting to police, on-site police response and facilitation of medical care, and initiation of ongoing legal proceedings and investigation.

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