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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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2025 Chery International User Summit: Shaping the Industry's Future Through Co-Creation and Innovation

October 21, 2025

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WUHU, China, Oct. 21, 2025 /PRNewswire/ -- On October 21, 2025, the 2025 Chery International User summit — a global gathering transcending geography and culture — was grandly held in Wuhu, China.

With the theme "Co-Create, Co-Define," the event brought together more than 3,000 participants from nearly 100 countries, including overseas users, dealership partners, members of the ESG Advisory Alliance, and international media representatives, to engage in an in-depth dialogue about the future of mobility.

In his keynote address at the opening ceremony,Yin Tongyue, Chairman of Chery Automobile Co., Ltd. (9973.HK), elaborated on the strategic essence of "Co-Create, Co-Define." From January to September 2025, Chery Group's global sales surpassed 2 million units, with European sales more than doubling year-on-year to reach 145,000 units, showcasing the tangible value of global co-creation.

Mr. Yin emphasized that Chery is evolving from an automobile manufacturer into a builder of intelligent mobility ecosystems. Guided by the principle "In somewhere, For somewhere, Be somewhere," the Group continues to advance localization by partnering with local universities and enterprises to develop localized products and nurture local talent, striving to become a truly local enterprise.

He also emphasized that ESG is central to sustainable development. Chery will continue working with international organizations to advance low-carbon technologies and public welfare initiatives, fulfilling its responsibility as a global corporate citizen. Mr. Yin concluded by reaffirming Chery Group's commitment to building an open, inclusive, and sustainable automotive ecosystem together with its global partners.

Co-Creation — Building an Open and Collaborative User Ecosystem Global Voices, Shared Stories At the User Awards Ceremony, representatives from Vietnam, South Africa, Kazakhstan, Spain, and Indonesia shared their stories of connection with Chery.

Le Nguyen Bao Ngoc, brand ambassador for OMODA & JAECOO Vietnam, integrates sustainability into brand communication. Samurai Farai, a South African artist, infused local culture into Chery through creative vehicle art. Mussa Ramazanov from Kazakhstan demonstrated the reliability of EXEED vehicles after driving over 100,000 km. Carlos Guisado from Spain and his family showcased their deep trust by choosing the OMODA & JAECOO brand. Humam from Indonesia built a local community of over 300 Chery owners, forming a thriving content ecosystem.

From CHERY, OMODA & JAECOO, and EXEED to iCAUR, LEPAS, and LUXEED, users around the world are not just customers — they are co-creators shaping Chery's global brand narrative. Their authentic engagement gives Chery a warmer, more human presence in the global marketplace.

Expanding the ESG Alliance: Building a Global Network for Sustainability A key highlight of the conference was the launch of the Chery Global ESG Advisory Alliance, marking a major upgrade in Chery's sustainability strategy.

This year, the alliance expanded significantly — welcoming new globally influential members such as the IUCN, the United Nations University, and the Asian Paralympic Committee.

The alliance now encompasses a broader network of media, NGOs, and financial institutions, fostering a rich, collaborative ecosystem.

Notably, former UN Secretary-General Ban Ki-moon attended in person and officially joined the alliance as an ESG Advisor.

His participation not only enhanced the alliance's international credibility but also reflected global recognition of Chery's sustainability roadmap. Through this upgraded alliance, Chery is transforming ESG from an internal corporate initiative into a global collaborative movement, promoting deep cooperation in low-carbon R&D, public welfare programs, and industry standardization.

At the ESG strategy level, Chery has built a comprehensive framework supported by three key pillars: "Low-Carbon Transition and Nature Positive," "Value Chain Collaboration," and "Self-Discipline and Compliance Development." The Group has already made substantial progress across multiple dimensions.

On the technological front, Chery promotes low-carbon transformation through innovations such as the Mars Architecture Hybrid Platform and solid-state battery technology.

On the environmental front, it became the first Chinese automaker to receive a mutual recognition report for Life Cycle Assessment (LCA) between China and the EU.

On the social responsibility front, Chery continues to collaborate with UNICEF on the "Empowering Every Child's Learning Journey" initiative and works with the IUCN to advance global nature conservation projects — demonstrating its firm commitment to turning ESG promises into tangible action.

Co-Define — Shaping the Strategic Blueprint for Intelligent Mobility Strategic Elevation Defines a New Paradigm for Intelligent Mobility In the grand finale, Mr. Zhang Guibing, President of Chery International, delivered a keynote speech themed "Co-Creating Sustainable Development, Co-Defining the Future Ecosystem," elaborating on Chery's strategic evolution from a traditional automaker to a builder of intelligent mobility ecosystems.

He noted that Chery has ranked No.1 among Chinese brands in overseas sales for 22 consecutive years, with monthly exports exceeding 100,000 units for five consecutive months. Its new energy vehicle growth rate leads among China's top five auto brands, and PHEV models have achieved No.1 retail sales in multiple markets — achievements that firmly validate the foundation of Chery's strategic transformation.

Driven by the global trends of low-carbon transition and AI intelligence, the automotive industry is rapidly evolving toward an integrated "vehicle + ecosystem" model. In this context, Chery is building a comprehensive technology ecosystem that transcends the traditional automotive domain — one that deeply integrates users, vehicles, robots, and big data.

This system is anchored in intelligent, connected new energy vehicles, while extending into emerging fields such as flying cars, robotaxis, robotics, photovoltaics, and green energy, forming a diversified and synergistic innovation network. Moving forward, Chery will dedicate part of its teams to the automotive business and others to the research, development, and operation of new ventures like robotics, jointly shaping a future-oriented mobility ecosystem.

Mr. Zhang further detailed Chery's roadmap: Strengthening leadership in PHEV hybrid and BEV electric platforms. Accelerating commercialization of autonomous driving technologies. Advancing innovation in robotics and aerial mobility. Deepening localization under the philosophy "In somewhere, For somewhere, Be somewhere." This strategic transformation marks Chery's evolution from a traditional automaker into a green, intelligent mobility technology company that co-creates, co-defines, and co-prospers with its users and partners. By building an open and collaborative innovation ecosystem, Chery is not only redefining the boundaries of the mobility industry but also opening new pathways for shared growth with global partners.

Co-Create. Co-Define. Co-Win the Future.

Through its dynamic structure of speeches, dialogues, and collaborative announcements, the 2025 Chery International User Summit vividly embodied its theme of "Co-Create, Co-Define." From Ban Ki-moon's participation to user stories from across the globe, from the robotic performances that opened the event to the upgraded ESG Alliance, Chery conveyed a clear message to the world: It is not building a closed product system, but an open, evolving, user-driven mobility ecosystem.

As technology converges with humanity, and users evolve from product consumers to ecosystem co-creators, Chery's vision extends beyond cars — toward a new way for people to connect with the world.

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

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