CCI approves acquisition of certain shareholding in Nxtra Data Ltd (Target) by Alpha Wave Ventures II, LP (Acquirer)

India, June 23 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved acquisition of certain shareholding in Nxtra Data Limited (Target) by Alpha Wave Ventures II, LP (Acquirer). The Proposed Combination pertains to the acquisition by the Acquirer of a certain shareholding in the Target by way of primary subscription of equity shares of the Target. The Acquirer is a private equity fund managed by Alpha Wave Ventures GP, a joint venture between ...

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CCI approves acquisition of 21% voting interest in Astemo Ltd. by Honda Motor Co. Ltd

India, June 23 -- The Government of India has issued a release: The Competition Commission of India (CCI) has approved acquisition of 21% voting interest in Astemo, Ltd. by Honda Motor Co., Ltd. The proposed combination relates to the acquisition of 21% voting interest in Astemo, Ltd. (Target) by Honda Motor Co., Ltd. (Acquirer) from Hitachi, Ltd. (Seller). The Acquirer is a limited liability joint stock corporation incorporated under the Companies Act of Japan as Honda Giken Kogyo Kabushiki ...

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NHRC, India participates in the First Consultative Meeting of NHRIs, State Bodies and other organisations of SCO Member States responsible for the protection of human rights and freedoms held in Bishkek, Kyrgyzstan

India, June 23 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India led by the Chairperson, Justice V. Ramasubramanian today participated virtually in the First Consultative Meeting of National Human Rights Institutions, State Bodies and other Organisations of the Shanghai Cooperation Organisation (SCO) Member States responsible for the protection of human rights and freedoms held in Bishkek, Kyrgyz Republic. NHRC, India Secretary General, Shri Bha...

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Sai Tamhankar Joins GS Tea as Brand Ambassador, Bringing Alive 'Asli Swaad, Asli Andaaz'

India, June 24 -- Aryan Shah, Director Saraswati Industries and Sai Tamhankar, Brand Ambassador Saraswati Industries GS Tea, a trusted name in the tea category with leading presence and stores in Maharashtra, Karnataka, Goa and Tamil Nadu, proudly announces acclaimed actor Sai Tamhankar as its brand ambassador. Since its launch in 1898, GS Tea has built a strong legacy rooted in authentic taste, quality, and the warmth of everyday moments. This collaboration with Sai Tamhankar marks a significa...

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A strong foundation for sustainable development with Swachh Bharat Mission - Urban 2.0

India, June 23 -- The Government of India has issued a release: Bhopal , known as the City of Lakes , is now establishing a new identity as an example of cleanliness , sustainable development, and a circular economy. The concept of a circular economy , which involves optimal resource utilization , recycling, and reuse , is becoming central to urban development. Embracing this philosophy, Bhopal is viewing waste not as a problem but as a valuable resource. Furthermore , the city's increasing vi...

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RESERVE BANK OF INDIA (SMALL FINANCE BANKS - RESPONSIBLE BUSINESS CONDUCT) THIRD AMENDMENT DIRECTIONS, 2026CATEGORY OF CASES (A)NO. OF CUSTOMERS COMPENSATED (B)TOTAL AMOUNT INVOLVED IN THE COMPLAINTS (IN ₹) (C)AMOUNT OF COMPENSATION PAID (IN ₹) (D)AMOUNT RECEIVABLE FROM RBI (IN ₹) (E = 76.48% OF (D))AMOUNT RECEIVABLE FROM BENEFICIARY BANKS (IN ₹) (F = 11.76% OF (D))DETAILS OF AMOUNT RECEIVABLE FROM BENEFICIARY BANKS AT (F) - BANK-WISENAME OF BANKDEA FUND CODE1AMOUNT RECEIVABLE (IN ₹)NOT APPLICABLECATEGORY OF CASES (H)NO. OF CASES WHERE RECOVERY WAS RECEIVED BY THE SFB (I)TOTAL AMOUNT RECOVERED (IN ₹) (J)NET RECOVERED AMOUNT AVAILABLE WITH THE SFB AFTER PAYING THE CUSTOMER (IN ₹) (K)RECOVERED AMOUNT REFUNDABLE TO RBI (IN ₹) (L = 76.48% OF (K))RECOVERED AMOUNT REFUNDABLE TO BENEFICIARY BANKS (IN ₹) (M = 11.76% OF (K))DETAILS OF AMOUNT REFUNDABLE TO BENEFICIARY BANKS AT (M) - BANK-WISENAME OF BANKDEA FUND CODEAMOUNT REFUNDABLE (IN ₹)NOT APPLICABLE

MUMBAI, India, June 24 -- Reserve Bank of India issued the following notification: RBI/2026-27/168 DOR.MCS.REC.No.131/01-01-033/2026-27 June 24, 2026 Reserve Bank of India (Small Finance Banks - Responsible Business Conduct) Third Amendment Directions, 2026 Instructions on 'Limiting Liability of Customers in Unauthorised Electronic Banking Transactions' for Small Finance Banks (hereinafter referred to collectively as "SFBs" and individually as an "SFB") have been consolidated in the Reserv...

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RESERVE BANK OF INDIA (RURAL CO-OPERATIVE BANKS - RESPONSIBLE BUSINESS CONDUCT) THIRD AMENDMENT DIRECTIONS, 2026CATEGORY OF CASES (A)NO. OF CUSTOMERS COMPENSATED (B)TOTAL AMOUNT INVOLVED IN THE COMPLAINTS (IN ₹) (C)AMOUNT OF COMPENSATION PAID (IN ₹) (D)AMOUNT RECEIVABLE FROM RBI (IN ₹) (E = 76.48% OF (D))AMOUNT RECEIVABLE FROM BENEFICIARY BANKS (IN ₹) (F = 11.76% OF (D))DETAILS OF AMOUNT RECEIVABLE FROM BENEFICIARY BANKS AT (F) - BANK-WISENAME OF BANKDEA FUND CODE1AMOUNT RECEIVABLE (IN ₹)CATEGORY OF CASES (H)NO. OF CASES WHERE RECOVERY WAS RECEIVED BY THE BANK (I)TOTAL AMOUNT RECOVERED (IN ₹) (J)NET RECOVERED AMOUNT AVAILABLE WITH THE BANK AFTER PAYING THE CUSTOMER (IN ₹) (K)RECOVERED AMOUNT REFUNDABLE TO RBI (IN ₹) (L = 76.48% OF (K))RECOVERED AMOUNT REFUNDABLE TO BENEFICIARY BANKS (IN ₹) (M = 11.76% OF (K))DETAILS OF AMOUNT REFUNDABLE TO BENEFICIARY BANKS AT (M) - BANK-WISENAME OF BANKDEA FUND CODEAMOUNT REFUNDABLE (IN ₹)

MUMBAI, India, June 24 -- Reserve Bank of India issued the following notification: RBI/2026-27/173 DOR.MCS.REC.No.136/01-01-038/2026-27 June 24, 2026 Reserve Bank of India (Rural Co-operative Banks - Responsible Business Conduct) Third Amendment Directions, 2026 Instructions on 'Limiting Liability of Customers in Unauthorised Electronic Banking Transactions' for Rural Co-operative Banks (hereinafter referred to collectively as "RCBs" and individually as an "RCB") have been consolidated in t...

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RESERVE BANK OF INDIA (SMALL FINANCE BANKS - PRUDENTIAL NORMS ON CAPITAL ADEQUACY) SEVENTH AMENDMENT DIRECTIONS, 2026TABLE: EXAMPLE OF THE SHORTHAND MEASURE OF NET OPEN POSITION JPYEURGBPCADUSDGOLD+50+100+150-20-180-35+300-20035

MUMBAI, India, June 24 -- Reserve Bank of India issued the following notification: RBI/2026-27/156 DOR.MRG.REC.No.142/21-01-002/2026-27 June 24, 2026 Reserve Bank of India (Small Finance Banks - Prudential Norms on Capital Adequacy) Seventh Amendment Directions, 2026 Please refer to Annex I of the FMRD Master Direction - Risk Management and Inter-Bank Dealings (Master Direction No. 1/2016-17 dated July 5, 2016) which inter alia prescribes the methodology for computation of Net Open Positi...

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RESERVE BANK OF INDIA (RURAL CO-OPERATIVE BANKS - PRUDENTIAL NORMS ON CAPITAL ADEQUACY) AMENDMENT DIRECTIONS, 2026V100TABLE: EXAMPLE OF THE SHORTHAND MEASURE OF NET OPEN POSITION JPYEURGBPCADUSDGOLDNET POSITION PER CURRENCY+50+100+150-20-180-35NET OPEN POSITION+300-20035

MUMBAI, India, June 24 -- Reserve Bank of India issued the following notification: RBI/2026-27/160 DOR.MRG.REC.No.146/21-01-002/2026-27 June 24, 2026 Reserve Bank of India (Rural Co-operative Banks - Prudential Norms on Capital Adequacy) Amendment Directions, 2026 Please refer to Annex I of the FMRD Master Direction - Risk Management and Inter-Bank Dealings (Master Direction No. 1/2016-17 dated July 5, 2016) and Chapter III of Reserve Bank of India (Rural Co-operative Banks - Prudential No...

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RESERVE BANK OF INDIA (STANDALONE PRIMARY DEALERS) SECOND AMENDMENT DIRECTIONS, 2026TABLE: EXAMPLE OF THE SHORTHAND MEASURE OF FOREIGN EXCHANGE RISKJPYEURGBPCADUSD+50+100+150-20-180+300-200

MUMBAI, India, June 24 -- Reserve Bank of India issued the following notification: RBI/2026-27/162 DOR.MRG.REC.No.148/03-10-119/2026-27 June 24, 2026 Reserve Bank of India (Standalone Primary Dealers) Second Amendment Directions, 2026 Please refer to Annex I of the FMRD Master Direction - Risk Management and Inter-Bank Dealings (Master Direction No. 1/2016-17 dated July 5, 2016) and paragraphs 92 and 93 (section E.1.4) of the Reserve Bank of India (Standalone Primary Dealers) Directions, 20...

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