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    CCI approves acquisition of certain equity shares by Coastal Cedar Investments B.V. in Fleur Hotels and internal restructuring of Lemon Tree Hotels gr...
    CCI approves acquisition of 100% equity shareholding of KNR SPVs by Indus Infra Trust from KNR Constructions Ltd.
    CCI directs 17 Opposite Parties to cease and desist from anti-competitive practices in relation to tenders invited by Assam Police Housing Corporation...
    CCI approves acquisition by Citrus Investment LLC (Citrus) of additional shareholding of 0.4% in Hitachi Construction Machinery Co., Ltd. (HCM) and (i...
    CCI approves proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power Ltd. by ...
    CCI approves acquisition of equity shares amounting to 14.286% of Aditya Birla Housing Finance Ltd. by Indriya Ltd.
    Rupee surges 50 paise to 92.56 against USD in early trade after US, Iran agree to 2-week ceasefire
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    RBI invites comments on the Draft “Reserve Bank of India (Branch Authorisation) Amendment Directions, 2026”
    DBS Bank India launches relationship-led banking, for India’s globally mobile, emerging affluent
    Most Gujarat industries functional despite West Asia crisis; no issue of gas availability: Officials
    Delhi court grants bail to 'conman' Sukesh Chandrasekhar in money laundering case
    Release of Draft Uniform Guidelines for Compilation of Gross State Value Addition (GSVA) Estimates with Base Year 2022-23 and District Domestic Produc...
    All-India Workshop on State Income and Related Aggregates with new base year (2022-2023) during 8th to 10th April, 2026, Visakhapatnam, Andhra Pradesh
    ‘bob SAMVAD’, an AI-powered multilingual conversational platform of Bank of Baroda to transform in-branch customer interactions launched in Mumbai
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April 8, 2026
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Competition Commission approval for hospitality sector acquisition and group restructuring through amalgamation and demerger.
Competition Commission approval was granted for the acquisition of certain equity shares in Fleur Hotels Limited by Coastal Cedar Investments B.V. and the internal restructuring of the Lemon Tree Hotels Limited group through amalgamation and demerger. The transaction concerns a hospitality sector structure in which Fleur Hotels Limited is a subsidiary of Lemon Tree Hotels Limited and owns and leases hotels directly and through subsidiaries, while several wholly owned subsidiaries of Lemon Tree Hotels Limited are involved in the restructuring.
April 8, 2026
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Infrastructure investment trust acquisition of KNR SPVs approved for highway project SPVs under the Hybrid Annuity Model.
The Competition Commission of India approved the proposed acquisition of 100% equity shareholding in KNR SPVs by Indus Infra Trust from KNR Constructions Ltd. The transaction is structured through the trust's investment manager and concerns four special purpose vehicle companies incorporated for infrastructure development projects. Indus Infra Trust is a SEBI-registered infrastructure investment trust governed by the SEBI (Infrastructure Investment Trusts) Regulations, 2014, while the target SPVs operate highway projects under concession agreements on a Hybrid Annuity Model.
April 8, 2026
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Bid rigging in public tenders led to cease-and-desist directions for anti-competitive conduct and proprietor liability.
The Competition Commission of India directed seventeen opposite parties to cease and desist from anti-competitive conduct in tenders for internal and external electrification works in police station buildings across Assam. The proceedings concerned alleged bid rigging by bid rotation and cover bidding, supported by identical mistakes in bids, identical IP addresses, call detail record details, and consecutive demand draft numbers, and the Commission acted under Section 27 for contravention of Section 3(3)(d) read with Section 3(1), with proprietors also held liable under Section 48.
April 8, 2026
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Acquisition of sole control and minor shareholding increase in a joint venture were approved under competition law scrutiny.
Acquisition of an additional 0.4% shareholding in Hitachi Construction Machinery Co., Ltd. through market purchases, together with acquisition of sole control over the 50:50 joint venture HCJI Holdings K. K. through a share buyback, was approved by the Competition Commission of India. Citrus Investment LLC is an investment vehicle with no other business activities, while HCM manufactures construction equipment and HCJI is a holding company with no other activities.
April 8, 2026
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Competition approval for Torrent Power's acquisition of Nabha Power's equity and convertible preference shares.
Competition approval was granted for the proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power Limited by Torrent Power Limited from L&T Power Development Limited. The transaction was structured on a fully diluted basis and concerned a target operating a 2x700 MW supercritical thermal power plant at Rajpura, Punjab. The acquirer is a listed power company engaged in generation, transmission, distribution and cable manufacturing, and forms part of the Torrent Group.
April 8, 2026
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Competition approval for minority equity acquisition in a housing finance company through preferential issue and private placement.
Approval was granted for a proposed combination involving acquisition of equity shares in a housing finance company through a preferential issue on a private placement basis. The transaction contemplates acquisition of 14.286% of the post-issue paid-up equity share capital of the target on a fully diluted basis by an investment holding company. The target is a non-deposit accepting housing finance company registered with the National Housing Bank and engaged in home loans, loans against property, construction finance loans, and lease rental discounting loans.
April 8, 2026
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Rupee appreciation follows ceasefire-driven risk-on buying as markets watch central bank policy and currency stability.
The rupee appreciated in early trade after a two-week suspension of military strikes against Iran triggered risk-on buying across currencies, equities and commodities, while Brent crude and the dollar index fell. Foreign exchange conditions were also shaped by the Reserve Bank of India's deadline for squaring overnight positions and the day's monetary policy announcement, with markets expecting the rupee to remain range-bound and volatile as attention shifted to inflation, growth, global uncertainty and currency stability.
April 7, 2026
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Extraterrestrial reach and personal jurisdiction challenges frame dismissal bid in offshore securities fraud proceedings.
US securities fraud proceedings concerning an offshore bond offering by an Indian renewable energy company were met with a request for dismissal on grounds of lack of personal jurisdiction and impermissible extraterritorial application of US law. The filing contends that the securities were issued outside the United States under Rule 144A and Regulation S, were not listed or traded on a US exchange, and involved an Indian issuer and conduct alleged to have occurred in India. It further asserts that the complaint does not plead a domestic transaction, sufficient minimum contacts, or that irrevocable liability was incurred in the United States.
April 7, 2026
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Landing and parking charges reduced for domestic flights as AERA implements tariff relief across major airports.
AERA reduced landing and parking charges at major airports by 25 per cent, effective immediately, for all domestic flights for three months. The reduction applies to aeronautical tariff components and was implemented in response to the government's direction in view of the ongoing West Asia crisis.
April 7, 2026
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Rupee volatility eases as dollar pressure, capital outflows and RBI policy caution keep the market on edge.
The rupee weakened against the US dollar amid foreign capital outflows, a firm dollar, higher crude oil prices, and geopolitical uncertainty. Market participants remained cautious ahead of the Reserve Bank's monetary policy review and the expiry of a geopolitical deadline affecting the Strait of Hormuz. The market also reflected the Reserve Bank's recent steps to curb speculative positions and limit banks' net open positions to reduce volatility in the domestic currency.
April 7, 2026
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Bail in money-laundering case granted after prolonged custody crossed the statutory threshold under the bail provision.
Bail was granted in a money-laundering case arising from allegations of acting as a middleman in relation to the AIADMK's election symbol, after the court noted detention beyond half of the maximum imprisonment prescribed under the Prevention of Money Laundering Act. The court applied the near-mandatory bail provision under Section 479(1) of the Bharatiya Nagarik Suraksha Sanhita, subject to strict conditions including bonds, non-interference with witnesses, surrender of passport and travel restrictions.
April 7, 2026
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Election affidavit disclosures and money laundering scrutiny mark the legal backdrop to a high-profile Tamil Nadu Assembly contest.
Election affidavit disclosures in the Tamil Nadu Assembly elections record that an AIADMK candidate for the Lalgudi constituency declared assets of about Rs 1,049.56 crore, comprising movable and immovable properties, along with business interests in real estate, gaming and hospitality. The filing also records four pending criminal cases, including Income Tax Department proceedings over transfer of tax assessments and matters under the Prevention of Money Laundering Act linked to Enforcement Directorate scrutiny of the husband's lottery business.
April 7, 2026
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Provisional attachment under money laundering law freezes Al-Falah-linked assets amid alleged diversion of proceeds of crime.
Provisional attachment under the Prevention of Money Laundering Act was issued against residential and agricultural immovable property, demat holdings, bank balances and fixed deposits linked to Al-Falah Group chairman Jawad Ahmad Siddiqui and Al-Falah Charitable Trust. The attachment was stated to freeze the properties pending further proceedings in an ongoing money laundering probe concerning alleged generation and diversion of proceeds of crime through the trust and university, including routing of funds through controlled entities and alleged siphoning of funds to a foreign destination.
April 7, 2026
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Business correspondent framework reform proposes new delivery point definitions, simpler eligibility norms, and uniform remuneration arrangements.
Reserve Bank of India has issued draft amendment directions for public comments across multiple categories of banks, revising branch authorisation and the business correspondent framework. The proposals define branch, Business Correspondent-Banking Outlet and Business Correspondent-Banking Touchpoint, simplify eligibility criteria for engaging business correspondents, subsume Business Facilitators under the business correspondent model, and standardise commission and remuneration arrangements in the business correspondent ecosystem.
April 7, 2026
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Relationship-led banking targets the emerging affluent with premium service features, digital access, and zero forex mark-up benefits.
DBS Bank India introduced DBS Aspire, a relationship-led banking proposition aimed at the emerging affluent segment and globally mobile customers seeking premium service features with digital access. Eligibility is linked to a total relationship value of Rs. 10 lakh or a minimum monthly savings account average balance of Rs. 2 lakh. The programme includes a DBS Aspire debit card with zero forex mark-up on international spends, zero charges on banking transactions and services, access to a relationship manager, competitive savings account returns on eligible balances, and access to the bank's digiportfolio investment platform.
April 7, 2026
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Industrial viability and gas availability in Gujarat remain intact despite West Asia disruptions, officials say.
Industrial activity in Gujarat remains largely functional despite the West Asia crisis, with officials stating that gas supply is fully available and that shutdowns in some sectors are driven mainly by viability, pricing, logistics and export-demand pressures rather than fuel shortage. The State Government is monitoring fuel supply, logistics and operational disruption, prioritising critical sectors, and has permitted temporary use of alternative fuels such as agro-waste, biofuels and briquettes to ease pressure on gas consumption.
April 7, 2026
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PMLA bail principles shape relief in a money laundering case despite multiple pending proceedings and prolonged detention.
Bail was granted in a money laundering complaint under the PMLA arising from the AIADMK "two leaves" symbol matter. The court held that the pendency of multiple cases did not, by itself, defeat the accused's right to bail in the present case when detention had crossed more than half of the proposed imprisonment period. It also noted that the accused was already on bail in most connected cases and had undergone prolonged detention because the predicate offence and PMLA proceedings had remained stayed.
April 7, 2026
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Regional accounts standardisation advances with draft guidelines for Gross State Value Addition and district income estimates.
Uniform guidelines have been released for the compilation of Gross State Value Addition estimates and District Domestic Product estimates, with a revised base year intended to improve accuracy, consistency and comparability of regional economic measurement. The framework aligns regional accounts with national accounts, emphasises updated data sources, refined estimation techniques, improved district allocation methods and standardised compilation practices across States and Union Territories.
April 7, 2026
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Base year revision for national and state accounts supports more accurate, consistent, and comparable economic estimates.
The base year for National Accounts has been revised to 2022-23 to reflect the current structure of the economy, incorporate updated data sources, and align estimation practices with international standards. States and Union Territories are also to revise the base year for Gross State Domestic Product so that state-level estimates remain accurate, consistent, and comparable. A three-day workshop is being organised to discuss methodological changes in GSDP compilation and draft uniform guidelines for District Domestic Product.
April 7, 2026
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Multilingual banking platform bob SAMVAD enables real-time branch conversations and makes customer service more inclusive.
AI-powered multilingual banking platform bob SAMVAD was launched to transform in-branch customer interactions through real-time, low-latency two-way communication in local languages. Developed in-house, it removes language barriers at branch counters by allowing customers and staff to communicate in their preferred language. The platform uses AI-driven speech and language technologies to translate spoken or typed queries instantly, with text display and an optional voice mode for audio access. It is being rolled out in phases across the branch network.

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Samsung Galaxy Z Fold 8: Bigger Battery, Sharper Cameras, and a Creaseless Display

April 13, 2026

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Pune, Maharashtra, India (NewsVoir) When Samsung launched the Galaxy Z Fold 7 in 2025, it changed what Indian buyers expected from a premium smartphone. Now, with the Samsung Galaxy Z Fold 8 expected to arrive in July 2026, Samsung is preparing to do it all over again. Early reports point to a device that addresses everything buyers wanted. A bigger battery, a sharper ultrawide camera, and the kind of raw processing power that makes a large foldable display truly worth having. If the leaks are accurate, the Galaxy Z Fold 8 may be the most complete foldable Samsung has ever made. Once the phone is launched in India, you can get your hands on the Samsung Galaxy Z Fold 8 without stretching your finances by shopping from a Bajaj Finserv partner store. With more than 1.5 lakh partner stores located in 4,000+ cities, accessibility and affordability are two things you can expect. Easy EMI plans let you split the cost of the smartphone into affordable instalments, spread over 1 to 60 months. Samsung Galaxy Z Fold 8 — The future of foldables The Galaxy Z Fold 8 is expected to retain its predecessor’s display setup — an 8-inch main screen and 6.5-inch cover. It will also feature a larger 5,000 mAh battery, ensuring all-day power in a slim foldable design. Expected specifications: • Display: 6.5-inch Full HD+ Dynamic AMOLED 2X 120 Hz cover display; 8-inch QXGA+ Dynamic AMOLED 2X 120 Hz main display • Processor: Qualcomm Snapdragon 8 Elite Gen 5 • RAM: 12GB/16GB LPDDR5X • Storage: 256GB/512GB/1TB UFS 4.1 • Rear cameras: 200MP main (OIS) + 50MP ultrawide + 10MP telephoto • Front camera: 10MP cover; 10MP main • Battery: 5,000 mAh with 45W fast charging support • OS: Android 16 • Build: IP68 dust and water resistance Display — Same premium panels, upgraded experience The Galaxy Z Fold 8 is expected to feature an 8-inch QXGA+ Dynamic AMOLED 2X 120 Hz main display and a 6.5-inch Full HD+ Dynamic AMOLED 2X 120 Hz cover display. Together, these panels deliver immersive visuals and excellent colour accuracy. Display highlights: • Up to 120 Hz refresh rate • High peak brightness for outdoor readability • Corning Gorilla Glass protection Imaging system — A major ultrawide upgrade The most significant camera upgrade on the Galaxy Z Fold 8 comes in the ultrawide department with a 50MP ultrawide lens. Combined with the 200MP main sensor with OIS and 4K video recording, this makes the Galaxy Z Fold 8 one of the most capable camera systems ever fitted into a foldable. Camera highlights: • 200MP main sensor with OIS for stable, detailed shots • 50MP ultrawide — up from 12MP on the Galaxy Z Fold 7 • 10MP telephoto for versatile zoom • 4K video recording support across all lenses Performance — Cutting-edge chip built for the Fold The Samsung Galaxy Z Fold 8 is rumoured to be powered by the Qualcomm Snapdragon 8 Elite Gen 5 chip, optimised specifically for the Galaxy Z Fold series. This translates to snappier performance, better power efficiency, and smoother multitasking across the large foldable canvas. Performance highlights: • Qualcomm Snapdragon 8 Elite Gen 5 chipset • Up to 16GB LPDDR5X RAM • Up to 1TB UFS 4.1 storage • 5G connectivity support Battery — Game-changing capacity in a slim body The shift to a 5,000 mAh battery is one of the most talked-about upgrades of the Galaxy Z Fold 8. Samsung is expected to use silicon-carbon battery technology, which offers higher energy density than standard lithium-ion cells — enabling a larger battery without adding bulk. Battery highlights: • 5,000 mAh silicon-carbon battery • 45W fast wired charging — up from 25W on the Galaxy Z Fold 7 • Wireless charging support • Optimised battery management through One UI Design — Slim, creaseless, and built to impress The Galaxy Z Fold 8 is expected to measure just 4.5 mm when fully opened, with a creaseless display and a carbon-fibre back panel that keeps it lightweight without compromising durability. IP68 dust and water resistance is also expected to be retained. Design highlights: • Carbon-fibre back panel for a lightweight, durable build • 4.5 mm slim profile when unfolded • Creaseless main display for a better viewing experience • IP68 dust and water resistance Software — Long-term support remains a strong point The Galaxy Z Fold 8 is expected to launch with Android 16 and Samsung's latest One UI, bringing multi-year OS upgrades and regular security patches. Galaxy AI features are also expected across productivity and camera tools, building on the innovations introduced with the Samsung Galaxy Z Fold 7. Software highlights: • Android 16 with the latest One UI • Multi-year OS upgrade promise • Regular security updates • Galaxy AI features expected across productivity and camera tools Samsung Galaxy Z Fold 8 — Pricing and options The Samsung Galaxy Z Fold 8 is expected in three configurations: • 12GB RAM + 256GB storage • 12GB RAM + 512GB storage • 16GB RAM + 1TB storage The base variant is expected to launch in India in the range of Rs. 1,60,000 to Rs. 1,75,000, depending on storage options and retailer pricing. Disclaimer: Prices are subject to change depending on future announcements. Please visit a Bajaj Finserv partner store for the latest pricing. How to buy the Samsung Galaxy Z Fold 8 on Easy EMIs Once the Samsung Galaxy Z Fold 8 becomes available, buyers can purchase it from Bajaj Finserv partner stores. Instead of paying the entire amount upfront, the cost can be converted into affordable monthly instalments. Here is how buyers can purchase the device after launch: 1. Visit the nearest Bajaj Finserv partner store. 2. Select the Galaxy Z Fold 8 variant of choice. 3. Check eligibility for Easy EMIs at checkout. 4. Choose a flexible tenure between 1 and 60 months. 5. Complete the purchase and take the new smartphone home. Bajaj Finance Limited Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings. To know more, visit www.bajajfinserv.in. (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR

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