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    CCI approves acquisition of 21% voting interest in Astemo Ltd. by Honda Motor Co. Ltd
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    Punjab's bicycle industry seeks release of pending GST refunds
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    June 23, 2026
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    Competition Commission approval for acquisition of voting interest in Astemo reflects corporate combination oversight and sector presence in India.
    Competition Commission of India approval was granted for the acquisition of a 21% voting interest in Astemo, Ltd. by Honda Motor Co., Ltd. from Hitachi, Ltd. The proposed combination concerns Honda, a Japanese joint stock corporation and flagship company of the Honda Group, and Astemo, Ltd., a Japanese company jointly controlled by Honda, Hitachi, and JICC-01 Investment Business Limited Partnership. Both parties have business presence in India through automobile and two-wheeler manufacturing, automotive components, power products, and related research and development.
    June 23, 2026
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    Investor education and protection drive unclaimed asset recovery through awareness, streamlined claims, and coordinated financial inclusion efforts.
    Investor education and protection initiatives were advanced through a panel discussion on "Aapki Poonji Aapka Adhikaar - Learning and Way Forward" and the launch of the book "Claiming the Unclaimed: Unlocking the Potential of Idle Financial Assets in India." The discussion focused on strengthening investor rights, improving awareness about unclaimed assets, streamlining claim processes, and promoting coordinated efforts among regulators, financial institutions, investor protection agencies, policymakers, and experts to support financial inclusion. IEPFA's agenda emphasised simplification of claim settlement, expansion of digital platforms, and wider investor awareness campaigns to help investors and their families reclaim rightful assets.
    June 23, 2026
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    Revenue audit compliance gaps expose unrealised liquor and transport collections, permit breaches, and enforcement failures.
    Revenue audit findings on Kerala's liquor and transport sectors highlight significant arrears, compliance gaps and unrealised collections across excise, vehicle tax, transport regulation and related receipts. In the liquor sector, the audit notes unrecovered losses from shortage of Extra Neutral Alcohol, transit permit discrepancies for imported liquor suggesting possible diversion, and assessment lapses resulting in short levy or non-levy of taxes. In the transport sector, it points to non-functional testing infrastructure, vehicles operating with expired certificates, unlicensed aggregators, and permit violations leading to unrecovered fees and penalties.
    June 23, 2026
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    Foreign exchange and securities scrutiny deepens as searches target Rajesh Exports over alleged financial irregularities.
    Enforcement action under the Foreign Exchange Management Act was reported against Rajesh Exports after market regulator scrutiny over alleged financial irregularities. Searches were conducted at premises linked to the company in Bengaluru and Mumbai. The scrutiny concerns an interim regulatory order alleging inflated consolidated revenues through overseas subsidiaries, particularly Valcambi SA in Switzerland. The regulator also restrained the company's Chairman and Managing Director from dealing in the company's securities until further orders.
    June 23, 2026
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    MSME credit access expands through digital lending, guarantee cover, and collateral-free finance measures.
    Priority sector lending, collateral-free lending, guarantee cover, receivables discounting, simplified working capital norms, NBFC on-lending and co-lending recognition, the Account Aggregator framework, and restriction on pre-payment charges are described as measures expanding formal credit access for MSMEs. The remarks also note structured engagement through MSME town halls, capacity-building of bankers, and empowered committees to review MSME financing, stressed accounts, credit linkage, and credit application pendency. The Unified Lending Interface is presented as a consent-based digital mechanism for faster MSME credit assessment.
    June 23, 2026
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    Regional partnership between Gujarat and the West Midlands advances through UK-India Week's focus on investment, innovation and growth.
    UK-India Week 2026 opened in the West Midlands through the IGF Smarter Regions Forum, focused on advancing the emerging regional partnership between Gujarat and the West Midlands. The programme is designed to convert UK-India engagement into practical collaboration across investment, innovation, skills, advanced manufacturing, clean energy, life sciences and regional growth, with discussions centred on strengthening a regional growth corridor through deeper cooperation in industry, trade-related collaboration, capital flows and technology partnerships.
    June 23, 2026
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    Pharmaceutical supply chain dependence drives calls for diversification, regulatory transparency and stronger innovation ecosystems in India.
    India's pharmaceutical supply chain remains heavily dependent on Chinese imports for critical active pharmaceutical ingredients, key starting materials and intermediates. Rising environmental compliance requirements have increased manufacturing and research and development costs, while weak innovation and a limited commercialisation ecosystem create uncertainty for innovators and long-term investment. The report calls for diversification into higher-value pharmaceutical segments, greater regulatory transparency, and stronger industry-academia technology transfer to support patent commercialisation, research collaboration and startup incubation.
    June 23, 2026
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    Company law compendium traces Supreme Court jurisprudence across changing statutory frameworks and supports structured legal research.
    Publication of the third edition of Supreme Court on Company Law compiles landmark Supreme Court decisions from 1950 to 2025 across the Companies Act, 1913, the Companies Act, 1956 and the Companies Act, 2013. The compendium provides concise headnotes stating the ratio decidendi, relevant paragraph references, and nominal, subject and section indices to enhance research utility and trace the development of company law jurisprudence.
    June 23, 2026
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    Bilateral trade agreement talks focus on tariff changes, interim commitments, and revised market-access terms between India and the United States.
    High-level trade talks between India and the United States focused on reworking a proposed bilateral trade agreement after changes in US tariff policy altered the earlier framework. The discussions concerned an interim pact sought before expiry of the United States' temporary additional tariff regime, with both sides revisiting tariff commitments that had been built into the February framework and later affected by a Supreme Court ruling and subsequent tariff changes. The talks were also linked to broader efforts to strengthen economic ties and give final shape to the first phase of the Bilateral Trade Agreement.
    June 23, 2026
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    Bilateral trade agreement talks focus on tariff realignment, market access commitments, and a conditional framework for mutual adjustments.
    Bilateral trade agreement talks between India and the United States centred on finalising the first phase of an interim framework for reciprocal and mutually beneficial trade, with both sides reviewing the earlier contours of the pact in light of changes in the United States tariff regime. The framework contemplated tariff reductions on Indian goods and wider market-access commitments by India, along with proposed Indian purchases of energy products, aircraft, precious metals, technology products and coking coal over a five-year period. The negotiations were being revisited to realign the first-phase agreement with the changed tariff structure.
    June 23, 2026
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    Money laundering investigation leads to searches over a private university's financial affairs under the Prevention of Money Laundering Act.
    Enforcement Directorate searches were conducted in Madhya Pradesh and Chhattisgarh as part of a money laundering investigation concerning the financial affairs of a private university. About ten locations were searched under the Prevention of Money Laundering Act, and the inquiry was linked to an FIR registered by the Economic Offences Wing of the Madhya Pradesh Police.
    June 22, 2026
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    India-UK free trade agreement and strategic partnership remain on a strong footing after Starmer's resignation.
    India-UK relations are described as remaining on a strong footing following Keir Starmer's resignation, with British Indian experts stating that the UK-India Free Trade Agreement and the broader bilateral partnership are likely to continue under the next Labour leader. The commentary emphasises that Starmer is credited with signing the agreement, resetting ties with India, and placing the relationship on a stable platform for future growth in trade, business, technology, clean energy, skills and strategic cooperation.
    June 22, 2026
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    Agricultural supply stability and industrial infrastructure drives shape Telangana's demand for higher palm oil duty and exclusive urea allocation.
    Telangana urged restoration of the import duty on crude palm oil to 44 per cent and exclusive allocation of urea from the Ramagundam Fertilizers and Chemicals Limited plant to the state. The requests were framed around fertiliser supply stability and protection of oil palm farmers' livelihoods ahead of the kharif sowing season. The state also sought central support for industrial and logistics projects, including a logistics hub, plug-and-play industrial parks, an Aero-Defence Corridor, mega leather parks, and a Multi-Modal Logistics Park.
    June 22, 2026
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    NEET paper-leak controversy drives a sustained sit-in protest demanding accountability and education system reforms.
    A sit-in protest at Jantar Mantar continued for the third consecutive day over alleged NEET examination irregularities and the paper-leak controversy, with demonstrators demanding accountability and the resignation of the Education Minister. Protesters said students were being penalised for minor delays or for circumstances arising from the cancelled examination, while those allegedly involved in the leak had not been held to account. The agitation was maintained amid police deployment, and candles were lit in memory of students said to have died by suicide following the controversy.
    June 22, 2026
    Show AI Summary
    Banking leadership appointment at NABARD brings an experienced executive to head its Assam unit with immediate effect.
    NABARD appointed G Ramesh Kumar as Chief General Manager of its Assam unit with immediate effect, replacing Loken Das. He has over 30 years of experience in banking and finance, including rural and development banking, project and corporate debt financing, and prior leadership roles within NABARD and its subsidiaries.
    June 22, 2026
    Show AI Summary
    Growth and inflation outlook face monsoon and geopolitical risks, while the Indian economy remains supported by strong fundamentals.
    Adverse south-west monsoon conditions may create headwinds for domestic growth and the inflation outlook, while the global economic landscape remains fragile amid continuing geopolitical tensions and trade disruptions. A breakdown of the interim West Asia peace arrangement could revive risks relating to inflationary expectations, energy infrastructure, investment spending, food security, financial stability, and structurally lower growth. The Indian economy is described as having stronger fundamentals, with growth supported by private consumption and fixed investment, anchored inflation, and a resilient external sector.
    June 22, 2026
    Show AI Summary
    Accountability in the NEET paper leak controversy drives continued sit-in protest and demands for examination reforms.
    Demand for accountability in the NEET examination controversy continued at Jantar Mantar as the CJP held a sit-in protest over alleged paper leak, examination irregularities and the cancellation of the test. Protesters, including some NEET aspirants who took the re-examination, said they were mentally distressed by having to prepare and sit for the exam again after the earlier cancellation. The protest centred on criticism of the government's handling of late-arriving students, alleged inaction over the paper leak, and calls for the resignation of the Education Minister and reforms in the examination system.
    June 22, 2026
    Show AI Summary
    Environmental trade measures shape WTO and FTA discussions on export competitiveness, market access, and sustainable trade practices.
    A two-day National Workshop/Chintan Shivir examines environment-related non-tariff measures and their implications for WTO rules and India's free trade agreements. The deliberations focus on the growing use of environmental and climate-linked trade measures, their impact on Indian exports and export competitiveness, and strategic responses that preserve market access while supporting sustainable trade practices. The workshop covers Technical Barriers to Trade, sustainability-related non-tariff measures, and carbon- and deforestation-related trade measures.
    June 22, 2026
    Show AI Summary
    GST refund delays deepen working capital stress for bicycle manufacturers seeking faster, transparent processing.
    Punjab bicycle manufacturers have sought immediate release of pending GST refunds, saying delays in processing refund claims have created severe working capital and liquidity stress. They said higher GST on inputs than on bicycles has blocked substantial funds, and urged a fully faceless and online refund mechanism to improve transparency and reduce corruption.
    June 22, 2026
    Show AI Summary
    Trade exhibition platform boosts Indian manufacturing, export opportunities and global buyer engagement across the building materials sector.
    Bharat Buildcon 2026 served as a major trade exhibition for the building materials, construction and infrastructure sectors, bringing together manufacturers, exporters, architects, builders, developers, contractors, distributors, retailers and global buyers on a single platform. The event showcased Indian manufacturing capabilities across multiple product categories and created opportunities for domestic and international business engagement. It also enabled Indian MSMEs and emerging manufacturers to connect with overseas buyers, distributors and sourcing partners, supporting export exploration, market expansion and broader global access.

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      Corp. Laws / SEBI / IBC

      Day 3 of CJP sit-in at Jantar Mantar: Dipke steps up attack over NEET row; protesters stay put

      June 22, 2026

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      New Delhi, Jun 22 (PTI) The Cockroach Janta Party (CJP) continued its sit-in protest at Delhi's Jantar Mantar for the third consecutive day on Monday, with founder Abhijeet Dipke stepping up his attack on the Centre over alleged examination irregularities and the NEET paper-leak controversy, as the protesters vowed to carry on their agitation until Education Minister Dharmendra Pradhan resigns.

      The protest, which began on Saturday afternoon, continued through Sunday, with supporters staying at the venue amid police deployment. Dipke said on Monday that despite it being a working day, the protest site remained crowded and asserted that the demonstration would continue through the night.

      "Day 3 at Jantar Mantar! Despite it being Monday, Jantar Mantar is full. The protest will continue tonight as well. We are not going to leave until Dharmendra Pradhan resigns," he said in a post on X, sharing pictures from the protest site.

      Candles were lit at the venue in memory of students who allegedly died by suicide following the paper-leak controversy. Earlier, Dipke had alleged that police were not allowing candles at the protest site, but the activity was permitted later.

      Addressing the protesters, Dipke questioned the response given to the students who were not allowed to take the NEET re-test after they reached the examination centres late by a few minutes, saying authorities are "punishing students", while failing to act against those allegedly involved in the paper leak.

      "You cannot tolerate four minutes of delay, but how can we tolerate the continuation of the education minister after the deaths of students?" he asked.

      Dipke said Pradhan's resignation is the "bare minimum" and claimed that accountability is missing from the education system. He said students have undergone trauma after preparing again for an examination that was cancelled following allegations of irregularities.

      Some NEET aspirants who appeared for the re-test on Sunday also joined the protest and shared their experiences.

      A student from Bihar who participated in the demonstration said, "Mentally, I am not in a good space as we had to prepare for and give the exam again. After the exam, you tend to relax, but they leaked the paper and cancelled the NEET." Students at the protest demanded accountability from Pradhan and reforms in the examination system. Dipke also appealed to people to join the agitation and urged Prime Minister Narendra Modi to meet NEET aspirants at Jantar Mantar, saying they want to share their experiences directly with him.

      He questioned allegations that the protest is an attempt to provoke young people, saying raising students' concerns cannot be considered provocation. He also criticised political leaders over issues of accountability and said focus should remain on education and student-related issues.

      Dipke had on Monday alleged that police were preventing students from joining the protest by asking for their Aadhaar cards. The Delhi Police, however, denied the claim, saying it was "factually incorrect" and that the force neither conducted Aadhaar checks nor collected Aadhaar or address details from people at Jantar Mantar.

      Members of Left student unions and youth organisations, including the SFI, AISA, AISF and KYS, also participated in the protest. The AISF has set up a free library at the protest site as part of its "Fight for Education with Education" initiative.

      The library, created with nearly 100 books contributed by students, supporters and parents from their personal collections, has become a feature of the protest site. Protesters were seen browsing books on subjects, such as history, law, anthropology, biographies and civil rights.

      AISF member Devang Aniket said the initiative reflects the nature of the protest. "As part of our Fight for Education with Education initiative, we have set up a library at the protest site. It shows how different this protest is from other protests," he said.

      Protesters said literacy and awareness are important tools to challenge what they described as a flawed education system.

      Alongside slogans and speeches, several personal stories emerged from the protest site. Three friends from Uttarakhand travelled to Delhi to join the agitation and said they had not informed their parents about their plan.

      "We told our parents that we were going to Delhi for an interview. We stood for hours in the general compartment of a train to reach here. We plan to stay until the protest ends," said 24-year-old Manpreet Singh.

      Saurabh from Vrindavan in Uttar Pradesh, who had participated in the earlier phase of the agitation on June 6, returned to Delhi again on June 20. He said he initially expected the protest to last only a day and arrived unprepared.

      "I thought the protest would last only a day, so I came unprepared. I ended up wearing the same T-shirt for two days before someone at the site gave me a fresh one," he said.

      Saurabh said he has been volunteering at the protest site by helping distribute food and water among demonstrators and would remain there until their demands are met.

      Among those present was 35-year-old Babita Anjali from Odisha, who is battling liver cancer. She attended the protest with her 13-year-old son and medical equipment.

      "I am a mother and I cannot begin to imagine the pain that the parents of the students who died by suicide must have gone through. I have come here for my own child. Every student in this country is like my own child," she said.

      The demonstration continued under security arrangements, with police personnel deployed and barricades placed around the protest area.

      This is the second protest organised by the CJP at Jantar Mantar over alleged paper leaks and demands for accountability from the government. PTI AO SHB SGV COR RC

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