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    CCI approves acquisition of certain equity shareholding in Continuum Green Energy Ltd by Chubu Electric Power Company Netherlands B.V.
    CCI approves acquisition of majority of the shares and voting rights in Volkswagen subsidiary Everllence SE by funds managed and/or advised by Bain Ca...
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September 30, 2026
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Merger control clearance permits Chubu's acquisition of equity in Continuum Green Energy through primary and secondary transactions.
Competition Commission of India approval covers the acquisition of certain equity shareholding in Continuum Green Energy Limited by Chubu Electric Power Company Netherlands B.V. The proposed combination comprises a primary subscription for, and secondary purchase of, the Target's equity shares from Continuum Green Energy Holdings Ltd., Singapore. The Target and its Indian subsidiaries primarily generate and sell renewable power from wind and solar sources.
September 30, 2026
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Competition clearance authorises Bain Capital funds to acquire majority control of Everllence through a share transfer from Volkswagen.
Competition approval covers the indirect acquisition of a majority of the shares and voting rights in Everllence SE and its direct and indirect subsidiaries by funds managed or advised by Bain Capital Investors, LLC, from Volkswagen Aktiengesellschaft through a share transfer. Nikolaus (BC) Bidco GmbH acts as the purchaser and is a special purpose vehicle ultimately controlled by Bain Capital-managed or advised funds.
September 30, 2026
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Full-shareholding acquisition in crop protection receives competition clearance, combining businesses spanning agrochemicals, seeds, and agricultural equipment.
Competition Commission of India approved Crystal Crop Protection Limited's acquisition of the entire, fully diluted shareholding of FMC India Private Limited from FMC Netherlands Holdings II B.V. and its affiliates. The approved combination comprises the acquisition of 100% of FMC India's shareholding by Crystal Crop. Crystal Crop is an Indian public limited company engaged in development, manufacture, and distribution of crop protection products, seeds, and agricultural equipment.
September 30, 2026
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Investment facilitation supports cross-border manufacturing, technology, supply-chain, and business expansion partnerships between the two economies.
India-U.S. economic engagement extends beyond conventional trade to investment, manufacturing, technology, innovation, resilient supply chains, and high-value capabilities. Business engagement with manufacturing and technology companies addresses opportunities in India and expansion of partnerships. The Government of India indicates readiness to facilitate corporate operations, expansion, and investments in India.
September 30, 2026
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Monthly fiscal accounts report receipts, tax devolution, and revenue and capital expenditure against budget estimates.
Monthly accounts up to August 2026 record total receipts of Rs.13,67,709 crore, comprising net tax revenue, non-tax revenue and non-debt capital receipts. Tax devolution to State Governments totals Rs.5,90,391 crore. Total expenditure is Rs.20,77,958 crore, divided between revenue expenditure of Rs.15,68,009 crore and capital expenditure of Rs.5,09,949 crore, with revenue expenditure including interest payments and major subsidies.
September 28, 2026
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Rules-based multilateral trade engagement supports bilateral agreement negotiations, enterprise opportunities, investment partnerships, and developing-country policy space.
India's G20 trade engagement promotes a rules-based, open and non-discriminatory multilateral trading system while preserving policy space for developing countries. Bilateral discussions seek to expand opportunities for farmers, fishermen, women entrepreneurs, startups, MSMEs and other enterprises. India-United States engagement is intended to advance a balanced Bilateral Trade Agreement and an interim trade deal, alongside investment and industry outreach promoting manufacturing partnerships with Indian enterprises.
September 28, 2026
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Cross-border investment facilitation under CEPA supports local-currency settlement, payment integration, joint projects and timely resolution of investor concerns.
Financial-sector cooperation covers local-currency settlement, integration of payment and messaging systems, and central-bank digital currencies, with steps to support timely implementation for more efficient, accessible and resilient bilateral trade and investment. The UAE-India Fast Track Mechanism remains available for addressing outstanding concerns affecting investments and companies in both jurisdictions, and the parties agreed to support timely resolution of such matters.
September 28, 2026
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Return filing and tax audit deadlines are extended for the identified taxpayer category under the applicable statutory framework.
CBDT extends the Assessment Year 2026-27 Return of Income filing deadline for persons identified at serial no. 2 in the Table below Explanation 2 to section 139(1) of the Income-tax Act, 1961, from 31 October 2026 to 21 November 2026. The specified date for furnishing the audit report for the same class is extended from 30 September 2026 to 21 October 2026.
September 28, 2026
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Courier-based gold smuggling enforcement targets concealed distribution through paper entities and foreign-origin gold consignments nationwide.
Coordinated customs enforcement targeted an organised gold-smuggling network that used courier consignments to distribute foreign-origin gold after cross-border entry. The operation led to seizure of 6.61 kg of gold bars under the Customs Act, 1962, and arrests of eleven associated persons. The network allegedly split gold into small consignments and used paper entities or persons without legitimate gold transactions to conceal distribution through courier channels.
September 28, 2026
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Anti-drug awareness and cultivator outreach combine prevention, direct grievance redressal, and safeguards against illicit narcotics diversion.
Jan Sunwayi programmes provide direct, prompt and accessible grievance redressal for opium cultivators, including name corrections, Namantaran, and eligibility connected with the upcoming Settlement Operation. Cultivators are advised to avoid middlemen or intermediaries and seek clarification or assistance directly. These measures complement anti-drug awareness and preventive outreach aimed at preventing illegal trafficking, diversion and abuse of narcotic drugs and psychotropic substances.
September 28, 2026
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NDPS enforcement targets concealed poppy straw, opium and cannabis trafficking through seizures, arrests, and continuing supply-chain investigation.
Narcotics enforcement operations in Rajasthan led to seizures of poppy straw, opium, hydroponic cannabis, cash, vehicles and a loaded country-made pistol, with four arrests. Poppy straw was recovered from vehicles and premises, including a truck where it was concealed beneath cement bags. Opium and cash were recovered from residential premises, while hydroponic cannabis concealed in an international parcel was recovered at the Foreign Post Office, Jaipur. The seized articles were taken under relevant provisions of the Narcotic Drugs and Psychotropic Substances Act, 1985, and supply-chain investigation continues.
September 28, 2026
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Free trade agreement market access is positioned to expand export opportunities and international investment for local entrepreneurs.
Free Trade Agreement-led market access is positioned to expand international opportunities for entrepreneurs in Uttar Pradesh by supporting exports, investment inflows and access to overseas markets. International trade engagement is supported through direct business access to global markets, buyer-seller meetings and promotion of the State's products, cuisines and services. Export expansion, international investment, tourism and global recognition of State brands form the stated next phase of economic development, supported by coordination between governments and trade and industrial stakeholders.
September 28, 2026
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Multilateral infrastructure cooperation guides annual development bank participation and bilateral engagement on sustainable investment and economic connectivity.
The official visit includes participation, as India's Governor, in the Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank, alongside bilateral meetings and engagement with governmental leadership, business leaders and investors. The AIIB focuses on sustainable infrastructure and productive-sector investment in Asia to promote sustainable economic development, wealth creation and infrastructure connectivity.
September 25, 2026
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Reciprocal trade agreement negotiations face tariff and subsidy pressures as both governments pursue lower bilateral trade barriers.
India-US bilateral trade negotiations seek completion of the first-phase Bilateral Trade Agreement through a reciprocal trade arrangement lowering trade barriers and tariffs. Further negotiations are required because of changed US tariff conditions, forced-labour tariffs on Indian goods, a possible investigation into excess industrial capacity and subsidies, and sanctions legislation relating to Russia. Ministerial and bilateral engagements will review progress on the proposed reciprocal arrangement.
September 25, 2026
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Banking strike contingency measures direct customers toward advance transactions and digital channels as branch operations may be disrupted.
Banking-service continuity measures anticipate possible disruption from a three-day employee strike. Customers are advised to complete essential transactions in advance and use ATMs/ADWMs, mobile and internet banking, UPI, business correspondent points and other digital channels. Branch and office operations at participating institutions may be affected, while essential services are to be maintained where possible. Union demands include a five-day banking week, pension improvements and transition options from the National Pension System to the old pension scheme.
September 25, 2026
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Government borrowing calendar: Reduced dated-securities borrowing will use weekly auctions, green bonds, switches and buyback operations.
Second-half dated-security borrowing will be completed through weekly auctions across maturities ranging from 3 years to 50 years, including Sovereign Green Bonds. Switching and buyback operations will continue to smooth the redemption profile, while a greenshoe option may permit retention of additional subscriptions. Treasury Bill borrowing will proceed through 91-day, 182-day and 364-day instruments. Auctions will offer non-competitive bidding for specified retail investors, and flexibility is retained to modify issuance terms or introduce non-standard maturity instruments, floating-rate bonds and inflation-indexed bonds.
September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.

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Biologics Conference 2025 Concludes Successfully, Setting New Benchmarks in Biopharmaceutical Innovation and Collaboration

February 14, 2025

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MUMBAI, India, Feb. 14, 2025 /PRNewswire/ -- The Institute of Chemical Technology, Mumbai, in collaboration with the Mumbai Biocluster, successfully hosted the 5th Annual Summit of Biologics Conference and Workshops focused on Biopharmaceutical Product Development on January 30-31, 2025, at the Novotel Dona Sylvia Resort, Goa. This landmark event has evolved into a premier platform bringing together key stakeholders for scientific exchange, business networking, and industry advancement.

The conference witnessed an overwhelming response, bringing together over 700 attendees, including 150 distinguished speakers, 12 key sponsors, and 41 exhibitors. With a strong presence of leading biopharma manufacturers and vendors such as Repligen, ThermoFisher Scientific, Cytiva, Merck, Sartorius Stedim, etc. the event further cemented its position as a pivotal gathering for the biopharma ecosystem.

A Grand Inauguration & Key Announcements The event commenced with an inaugural ceremony graced by Chief Guest Dr. Rajesh Gokhale, Secretary, Department of Biotechnology, Government of India. He was joined by Prof. A. B. Pandit, Vice Chancellor- ICT Mumbai, Program Chairs Dr. Narendra Chirmule, CEO - SymphonyTech and Dr. Dhananjay Patankar, Dr. Rajiv Desai, Senior Technical Advisor for Quality and Regulatory - Indian Pharmaceutical Alliance, Mr. GS Krishnan, President - Association of Biotechnology Led Enterprises and Conference Convener Dr. Ratnesh Jain, Managing Director- Mumbai Biocluster.

As part of its commitment to fostering innovation and entrepreneurship, the conference introduced Travel Grants and the Young Leader Program to support and encourage emerging talent in biopharma. A significant highlight was the announcement of the second Dr. K. Anji Reddy Memorial Fellowship for Affordable Biopharmaceuticals, awarded to Dr. Cyrus Poonawalla, Chairman of the Serum Institute of India Pvt. Ltd.

Dr. Rajesh Gokhale delivered an impactful talk on 'Building Next-Gen Biologics', emphasizing the growing role of biomanufacturing in India's industrialization and the recently launched DBT BioE3 policy. He stated, "We cannot follow the 'Silicon Valley playbook' or 'MassBio recipe.' For our country, we need to develop technologies with immense creativity and a vision of indigenous innovation, paving a strong path for the future." Engaging Discussions and Key Highlights The conference featured a fireside chat on investment opportunities in India's biopharma sector, moderated by Dr. Ratnesh Jain, with esteemed panelists Dr. Rajesh S. Gokhale, Dr. Gautham Nadig (Mynvax Pvt Ltd), Dr. Prem Pavoor (Eight Roads), and Dr. Rahul Singhvi (Co-founder, National Resilience).

A powerful plenary talk followed, delivered by Dr. Rahul Singhvi, titled 'Catalyzing India's Biomanufacturing Revolution: Lessons from My Entrepreneurial Journey.' Scientific Sessions & Industry Engagement Day 1 focused on key areas such as regulatory policies, mRNA technology, cell therapy, biologics and biosimilars markets, biomanufacturing, and analytical validation. A key highlight was the session on 'Biopharmaceutical Product Journey: From Concept to Market,' featuring insights from leadership from companies like Shilpa Biologicals, Biocon Biologics, Bharat Serums & Vaccines, Premas Biotech, Yapan Bio, and Lupin. The conference also featured BioPitch, a platform for biotech startups, and Catalyst Connect Hour, designed to foster networking between attendees and exhibitors.

Day 2 commenced with the Change Makers Plenary Address on 'Disrupting Traditional Biomanufacturing' by Dr. Himanshu Gadgil, CEO, Enzene, who introduced EnzeneX™ 2.0, an advanced version of its fully-connected continuous manufacturing™ (FCCM™) platform for economical mAb production for the first time in India. This set an enthusiastic tone for further discussions on cutting-edge advancements in gene therapy, AI-ML integration in biopharma, novel biotherapeutics, and veterinary care.

Closed-door sessions on the rising CDMO ecosystem brought together industry leaders from companies like Aragen Bioscience Inc., Aurigene Pharmaceutical Services, Yapan Bio, Shilpa Biologicals, Veeda Lifesciences, Kemwell Biopharma, and Merck, alongside investment firms such as Kotak Equity and Eight Roads, as well as prominent organizations like IPA, Pharmatech Associates, ThermoFisher Scientific, Sartorius Stedim, THSTI, U.S.-India Business Council and CSIR-IGIB.

A Visionary Closing & Looking Ahead Throughout the two days, over 70 poster presentations showcased innovative research from academia, startups, CROs, and industry participants. The event concluded on a high note with poster presentation winners receiving INR 25,000 cash prizes, along with awards recognizing the most interactive exhibitors and best exhibitors.

Reflecting on the success of the event, organizers emphasized their mission to expand the Biologics Conference into an even larger platform for collaboration and knowledge exchange. "The overwhelming response from industry leaders, innovators, and entrepreneurs reinforces our vision to make India a global hub for biopharmaceuticals," they stated.

The success of Biologics Conference 2025 marks a new milestone in advancing India's biopharma ecosystem, promising even greater opportunities in the future.

About Biologics The organizers envision establishing India as a global hub for biopharma innovation, by curating interactive forums facilitating impactful discussions among key stakeholders, to strengthen the nation's bioeconomy and accelerate advancements in biopharmaceutical research. With each edition, the conference aims to push the boundaries of scientific excellence and industry growth, shaping the future of biopharmaceuticals in India and beyond.

Website: https://biologicsworkshop.com/ About Mumbai Biocluster Mumbai Biocluster is a leading innovation hub in ICT Mumbai, India, driving biopharmaceutical R&D and supporting the transition of early-stage innovations into clinical-stage biotech companies. With cutting-edge infrastructure and global collaborations, it tackles critical health challenges, including rare diseases and advanced therapies. Committed to sustainable growth, Mumbai Biocluster empowers startups, academia, and MSMEs through R&D, clinical-stage manufacturing, and regulatory support.

For more information, visit Mumbai Biocluster.

Photo: Embedded Media (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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