UtraTech Cement secure order of Rs 210.13 mn by Chhattisgarh Govt

DARPG Releases 31st CPGRAMS Report for February 2025

The Department of Administrative Reforms and Public Grievances (DARPG) has released the 31st monthly report on the Centralised Public Grievance Redress and Monitoring System (CPGRAMS) for States and Union Territories (UTs) for February 2025. The report provides insights into the volume of grievances received, disposal rates, and major grievance categories across different states and UTs. Key Highlights from the Report Grievance Statistics: A total of 52,464 grievances were received in February 2025. 50,088 grievances were redressed during the month. As of 28th February 2025, the total pen..

CCI Approves Hindustan Unilever’s Acquisition of Uprising Science

The Competition Commission of India (CCI) has granted approval for the acquisition of Uprising Science Private Limited by Hindustan Unilever Limited (HUL). Transaction Details The acquisition involves HUL acquiring a 90.5% stake in Uprising Science Private Limited. The remaining 9.5% shareholding will be acquired within two years from the completion date, as outlined in the Share Purchase & Subscription Agreement between HUL and the target company. About Hindustan Unilever Limited (HUL) HUL is a leading FMCG company engaged in the manufacture and sale of: Home care products Beauty & per..

CCI Approves Bain Capital’s Investment

The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV Limited and BC Asia Investments XVI Limited. Transaction Details The acquisition involves BC Asia Investments XV Limited and BC Asia Investments XVI Limited acquiring a stake in DTPL. The transaction also includes certain inter-connected agreements as part of the investment structure. About the Acquirers – Bain Capital Entities BC Asia Investments XV Limited and BC Asia Investments XVI Limited are indirectly owned and cont..