TATA AIG unveils CyberEdge, targets 25% cyber insurance market share by 2030
TATA AIG General Insurance Company, has introduced CyberEdge, a new cyber insurance solution designed to protect businesses of all sizes against a wide array of cyber risks. The policy offers robust financial and operational support, covering forensic investigations, legal fees, data recovery, extortion payments, and losses from business interruptions. With
JSW Neo Energy to acquire O2 Power in renewable expansion move, seeks CCI nod
JSW Neo Energy Ltd (JSW Neo Energy), a wholly owned subsidiary of JSW Energy Ltd (JEL), has announced its plan to acquire 100 percent shareholding in O2 Power Midco Holdings Pte. Ltd. and O2 Energy SG Pte. Ltd. The acquisition, subject to regulatory approvals, will significantly boost JSW’s renewable energy
Govt extends free imports of tur till March 2026 to boost supplies
The Government has extended the window for free imports of tur (red gram) to boost supplies as the domestic production is not on expected lines despite good monsoon. The growers are upset and fear that the move would impact the prices further during harvest period, while the trade is not
India’s electric bus push accelerates with over 20,000 e-bus orders
India’s electric bus (e-bus) sector is poised for rapid growth, with public transport authorities placing orders for over 20,000 e-buses, marking a significant boost for the industry. These orders reflect increasing momentum driven by government initiatives and stronger manufacturing capabilities, according to India Ratings and Research (Ind-Ra), which has maintained
Hatsun Agro expands market reach with acquisition of Milk Mantra for ₹233 crore
In a bid to enter the Eastern markets, the Chennai-based Hatsun Agro Product Limited (HAP) has acquired the Bhuvaneshwar-based Milk Mantra Dairy Pvt Ltd for ₹233 crore. This is the first acquisition of a dairy after a gap of ten years, said RG Chandramogan, Chairman, HAP. In 2013, HPA acquired
Government extends free imports of tur till March 31, 2026
The Government has extended the free import policy for tur (arhar/red gram) by another year to March 31, 2026. The Directorate General of Foreign Trade has issued a notification in this regard on Monday. As per the earlier policy condition, the duty free import window for tur was till March
Tyre makers to continue prices hikes in Q4 on elevated rubber cost
With price of natural rubber, the key raw material in the tyre sector, continuing to surge, tyre makers are expected to implement more price hikes in Q4 FY25, to protect their margins, according to industry players and analysts. This will add to the total cost of ownership of cars. The
Kenyan farmers begin to taste success growing basmati rice
Kenya has emerged as a threat to the Indian subcontinent’s exclusivity to basmati rice with farmers in the Ahero region of Kisumu county tasting success in cultivating the fragrant rice. According to Kenya’s television network KTN, basmati is the region’s new hope, which had been cultivating IR27 rice variety till
CCI weighs feedback on revamp of penalty recovery regulations
The Competition Commission of India (CCI) is currently reviewing stakeholder feedback on its proposed amendments to the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 2011. This initiative, launched as part of a public consultation process, aims to enhance the transparency and efficiency of monetary penalty enforcement
Roquette seeks CCI nod for acquisition of IFF’s Pharma Solutions business
French plant-based ingredients giant Roquette Frères S.A. has filed for regulatory approval with the Competition Commission of India (CCI) for its proposed acquisition of the Pharma Solutions business and select product lines from the Nourish segment of International Flavors & Fragrances Inc. (IFF). The deal, classified as a share acquisition