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In a series of tweets Union Minister for Road Transport and Highways Shri Nitin Gadkari said safety of all passengers travelling in motor vehicles irrespective of their cost and variants is the foremost priority. Shri Gadkari said considering the global supply chain constraints being faced by the auto industry and its impact on the macroeconomic scenario, it has been decided to implement the proposal mandating a minimum of 6 Airbags in Passenger Cars (M-1 Category) w.e.f 01st October 2023. Earlier in order to enhance the safety of occupants of the motor vehicle against lateral impact, it had been decided to…

The Competition Commission of India (CCI) approves acquisition by Adani Power Limited (Acquirer) of share capital of Diliigent Power Private Limited (Diliigent Power) and DB Power Limited (DB Power) [Diliigent Power and DB Power are collectively referred to as Targets]. The Proposed Combination involves the acquisition of the 100% of the share capital and economic rights of the Targets by the Acquirer. The Acquirer is a public listed company incorporated in India with its shares listed on BSE Limited as well as the National Stock Exchange of India Limited. The Acquirer is a power company with eight operational power plants…