India, June 24 -- New Delhi, June 2025:The credibility of Techno Economic Viability (TEV) Study Reports, a crucial document in bank loan evaluations, is under serious scrutiny as industry insiders raise alarm over increasing cases of inexperience among analysts and procedural irregularities during report preparation.A TEV Study Report serves as an independent third-party assessment of the viability of a proposed new project or a restructuring proposal submitted by a borrower. Mandated by the Res...
India, June 24 -- The Government of India issued the following news release: The National Human Rights Commission (NHRC), India, has taken suo motu cognizance of a media report that two employees died and another was hospitalized after inhaling poisonous gas when they were working during the night shift at an effluent waste treatment plant of a Pharmaceutical company in Anakapalli district of Andhra Pradesh, on 11th June, 2025. Reportedly, the victim workers collapsed after inhaling the poisono...
India, June 24 -- The Government of India issued the following news release: The Competition Commission of India has approved the acquisition of certain issued and paid-up equity share capital of Haldiram Snacks Food Private Limited (Target) by Alpha Wave Ventures II LP and Alpha Wave IHC CI, LP (Acquirers). The proposed transaction entails the acquisition of less than 10% of the issued and paid-up equity share capital of the Target by the Acquirers. The Acquirers are private equity funds. T...
India, June 24 -- The Government of India issued the following news release: The Competition Commission of India has approved the proposed combination involving acquisition in Manappuram Finance Limited and Manappuram Asset Finance Limited by Bain Capital. BC Asia Investments XXV Limited (Acquirer 1) and BC Asia Investments XIV Limited (Acquirer 2) (collectively, Acquirers) are indirectly owned and controlled by Bain Capital Investors, LLC (Bain Capital). The principal activity of the Acquirer...
India, June 24 -- The Government of India issued the following news release: The Competition Commission of India has approved the combination involving acquisition in Aakash Educational Services Limited by Manipal Health Systems Private Limited and Manipal Education and Medical Group India Private Limited. Manipal Health Systems Private Limited (Acquirer-1) is a company registered in India and is owned and controlled by resident Indians. Acquirer-1 is engaged in the business of running / manag...
India, June 24 -- The Government of India issued the following news release: NITI Aayog today released the third edition of its quarterly insights series Future Front, titled "India's Data Imperative: The Pivot Towards Quality." This report underscores the urgent need for robust data quality to fortify digital governance, cultivate public trust, and ensure efficient service delivery. The report critically examines the pervasive challenges posed by poor data quality and introduces practical, ea...
India, June 24 -- The Government of India issued the following news release: Smt. Raksha Khadse, Union Minister of State for Youth Affairs and Sports, is currently on a significant tour of Tripura. As part of the extensive 'Poorvottar Sampark Setu' dialogue initiative, she made an unannounced visit to the Sports Authority of India (SAI) operated Sports Training Center (STC) in Agartala today. During her visit, the Minister conducted a thorough review of the training facilities, observed the ded...
India, June 24 -- The Government of India issued the following news release: In a significant step towards empowering young girls and furthering the vision of Viksit Bharat@2047, the Ministry of Women and Child Development (MWCD), in convergence with the Ministry of Skill Development and Entrepreneurship (MSDE), launched 'NAVYA' (Nurturing Aspirations through Vocational Training for Young Adolescent Girls) today in Sonbhadra, Uttar Pradesh. Launched jointly by Shri Jayant Chaudhary, Minister o...
India, June 24 -- The Government of India issued the following news release: As part of the Dharti Aaba Jan bhagidari Abhiyan (DAJA) - the largest tribal outreach and empowerment campaign in the history of independent India, so far in last 9 days, the Tribal Empowerment camps at Village & PVTG Habitation level has delivered impressive outcomes for Tribal Communities. As per available data the campaign has reached as much as 53 lakh+ tribal citizens through 22,000+Tribal Empowerment camps organi...
India, June 24 -- The Government of India issued the following news release: A transformative initiative aimed at empowering adolescent girls aged 16 to 18, 'Navya', was ceremoniously launched today in Sonbhadra, an aspirational district of Uttar Pradesh. This marks not just the beginning of a program but a historic stride toward building empowered, self-reliant, and aware citizens in the form of India's daughters. 'Navya' aims to equip adolescent girls with not only vocational training but als...