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    CCI approves acquisition of certain equity shareholding in Continuum Green Energy Ltd by Chubu Electric Power Company Netherlands B.V.
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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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Syngene International announces third year of STEM scholarship and mentorship program for women in collaboration with RICH

July 10, 2025

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• 40 women from tier two and three institutions selected for the third cohort of the program • Over 50 women benefitted from the successful conclusion of the first and second cohort HYDERABAD, India, July 10, 2025 /PRNewswire/ -- Syngene International Ltd., an integrated research, development, and manufacturing services organization, in partnership with the Research and Innovation Circle of Hyderabad (RICH) and Biocon Foundation, announced the launch of the third cohort of its flagship scholarship, mentoring and industry orientation program for women in STEM (science, technology, engineering and mathematics). Designed to empower women from tier two and three institutions, the program offers structured mentorship, financial assistance and hands-on research exposure, which includes practical experience in real lab environments. Over the past two years, it has grown into a strong career launchpad, benefiting more than 50 women.

This year, 40 women students are participating in the program, following a rigorous evaluation process that considered academic merit, research orientation and socio-economic background, with a focus on supporting those from low-income or financially underserved families. Their learning journey will conclude with project-based internships with pharmaceutical and biotechnology companies across India, as well as premier government research institutions such as the Council of Scientific and Industrial Research – Centre for Cellular and Molecular Biology (CSIR–CCMB). These internships are embedded within a broader development framework that includes technical seminars and industry exposure visits, designed to build research skills, expand professional networks and inspire long-term careers in STEM.

Despite growing awareness about STEM careers, many women from smaller cities in India still face significant challenges that limit their advancement in these fields. Constraints such as inadequate exposure to scientific opportunities, financial limitations, and a shortage of mentors often prevent them from fully participating in the professional science community. The Syngene–RICH program is addressing these issues by offering scholarships, personalized mentorship, and hands-on research experience, effectively bridging the divide between academic knowledge and real-world career prospects.

Pramuch Goel, Head of Corporate Affairs, Syngene International Limited, said, "As an innovation-driven company, Syngene sees this program as an investment in India's scientific future. Beyond individual growth, it is helping create a stronger, more inclusive research ecosystem by nurturing talent from institutions that often lack access to cutting-edge infrastructure or networks. Supporting such initiatives is part of our broader commitment to building long-term scientific capacity and driving meaningful change across the industry." During the launch of this cohort, Dr. Parvinder Maini, Scientific Secretary, Office of the Principal Scientific Adviser, Government of India; Dr. Shailja Donempudi, Distinguished Scientist and Head of the Business Development Group at the Council of Scientific & Industrial Research (CSIR), Government of India; Ms. Rashmi Pimpale, CEO, Research and Innovation Circle of Hyderabad (RICH); and Dr. Anupama Shetty, Mission Director, Biocon Foundation, were in attendance.

Measurable impact Ms. Revathi Karamalla, one of the participants who was part of the second cohort, shared, "Before this program, I wasn't sure what a career in STEM looked like. I had never been inside an industry lab or interacted with professionals who could guide me. Through the mentorship, seminars, and hands-on exposure, I gained practical skills and the confidence to shape my career path." "Coming from a small village, I never imagined I'd get a chance like this, to work in a leading pharmaceutical company and be mentored by experienced scientists. This program is helping me understand what it takes to build a career in science. I'm excited to gain new skills and grow through this experience," said Ms. Abhirami K, a participant from the current batch.

Dr. Parvinder Maini, Scientific Secretary, Office of Principal Scientific Advisor Government of India, said, "This programme is more than an educational intervention, it is a regional solution model that connects science to society, talent to opportunity, and learning to livelihood. Supporting women in STEM cannot rest on isolated programmes alone. It demands collaboration, sustained mentorship, and inclusive environments. What RICH, Biocon Foundation, and Syngene have built here is not just impactful, it is essential to India's scientific and social progress." Dr. Anupama Narayan Shetty, Mission Director, Biocon Foundation, said, "Advancing equity in STEM is critical to unlocking India's full scientific potential. This program exemplifies how targeted support through scholarships, mentorship and exposure to research environments can empower talented women to pursue meaningful careers in science. It's encouraging to see students grow in confidence, develop professional skills and begin to visualise long-term pathways in STEM. Syngene and Biocon Foundation remain committed to enabling inclusive opportunities that strengthen the scientific talent pipeline across the country." Ms. Rashmi Pimpale, CEO, Research and Innovation Circle of Hyderabad (RICH), said, "In just two years, we have seen how structured support can turn potential into progress. From tier two and three colleges to industry labs and PhD programmes, these young women are rewriting the narrative. The momentum behind this initiative shows what's possible when government, industry, and research institutions come together with a shared commitment to equity and inclusion in science. The response and success we have seen reinforce that this is not a nice-to-have, it's a must-have." Program growth and momentum Launched in 2022 with 21 students, the program has steadily expanded in scale and impact. The second cohort introduced new components such as a biotech industry visit and a national roundtable on Women in STEM. Several students progressed to PhD programs, secured full-time research roles or extended their internships, highlighting the program's role in shaping research careers.

About Syngene Syngene International Ltd. (BSE: 539268) (NSE: SYNGENE) (ISIN: INE398R01022) is an integrated research, development, and manufacturing services company serving the global pharmaceutical, biotechnology, nutrition, animal health, consumer goods, and specialty chemical sectors. Syngene's more than 5600+ scientists offer both skills and the capacity to deliver great science, robust data security, and world class manufacturing, at speed, to improve time-to-market and lower the cost of innovation. With 2.5 Mn sq. ft of specialized discovery, development, and manufacturing facilities, Syngene works with biotech companies pursuing leading-edge science as well as multinationals, including BMS, GSK, Zoetis and Merck KGaA. For more details, visit www.syngeneintl.com. For the Company's latest Environmental, Social, and Governance (ESG) report, visit https://esgreport.syngeneintl.com .

Research and Innovation Circle of Hyderabad (RICH) Research and Innovation Circle of Hyderabad (RICH) is the Hyderabad Science & Technology (S&T) Cluster, an initiative spearheaded by the Office of Principal Scientific Advisor (PSA) to the Government of India. Launched in 2017 by the Government of Telangana, RICH acts as a facilitator and aims to foster greater collaboration between various entities in the research and innovation space. RICH has initiated multidisciplinary projects in the areas of agriculture, nutrition, health, and waste management. These projects leverage the local expertise and strengths of Telangana, and facilitate ease of access to funding from the relevant central ministries.

About Biocon Foundation Biocon Foundation, the Corporate Social Responsibility arm of Biocon, Biocon Biologics and Syngene International, is working to empower marginalized communities since 2005. Biocon Foundation partners with the society to promote social and economic inclusion. It has thus made significant investments in enhancing access to quality healthcare, education and civic infrastructure along with environmental sustainability initiatives. These programs create a momentum to elevate the vulnerable and underserved sections of the society. The Foundation has built a strong reputation for the quality of its programs and their impact in addressing social, humanitarian and environmental challenges faced by the communities it serves. The programs have contributed to realizing the vision of empowering and integrating the underprivileged into the social and economic mainstream of India.

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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