special purpose entities

This MoU will establish a non-exclusive framework for collaboration between Blue Cloud Softech and GCIB for Africa where the former will explore business collaboration opportunities in Senegal and other African countries. The company has plans to provide its expertise in renewable energy, IT, infrastructure, education, healthcare, and other sectors.

Tribunal Directs Firm To Ensure That Amount Is Distributed Among All Tea Station Shareholders Within 3 Months

Philanthropy is shifting from funding elite research to bolstering underfunded municipal health services. A historic $75 million donation to San Francisco General Hospital by Priscilla Chan and Mark Zuckerberg exemplifies this, reinforcing public infrastructure for vulnerable populations. This community-first approach prioritizes equitable access and strengthens the safety net for those with the fewest options.

North India's notorious gangsters are shedding village-based aliases for international monikers like 'Fateh Portugal' and 'Manna Brampton'. This shift signals a globalized underworld, using foreign locations for intimidation and to evade local law enforcement. These 'global franchises' now target celebrities and operate with a transnational reach, posing a significant challenge to policing worldwide.

A nuanced understanding of the various ITR forms for FY 2025–26 is essential for globally mobile professionals, domestic salaried taxpayers, and individual investors

As Mamata Banerjee seeks a fourth straight term, SIR — which has deleted or put under adjudication one in 10 of the state’s voters — has eclipsed incumbency, recasting Bengal’s election as a struggle over identity and exclusion

A new Rs 1 lakh crore Urban Challenge Fund will support 60 types of city projects. This includes infrastructure, old city revitalization, and waste recycling. The Centre will release funds within six months. A Rs 5,000 crore Credit Repayment Guarantee Sub-Scheme is also launched.

As Mamata Banerjee seeks a fourth straight term, SIR — which has deleted or put under adjudication one in 10 of the state’s voters — has eclipsed incumbency, recasting Bengal’s election as a struggle over identity and exclusion

A special court in Lucknow declared businessman Mohd. Iqbal a Fugitive Economic Offender, ordering the confiscation of assets worth Rs 995.75 crore. The ruling stems from a money laundering case involving alleged irregularities in the sale of Uttar Pradesh sugar mills. Iqbal, who is residing in Dubai, failed to join the investigation despite multiple summons.

Nashik police arrested self-proclaimed godman Ashok Kharat in March 2026 on charges of repeated sexual assault, exploitation, and financial wrongdoing. A cascade of FIRs followed, with over 100 calls reporting various offenses, revealing a widespread alleged exploitation racket. The investigation expanded to include financial crimes and a political storm erupted, leading to resignations and calls for accountability.

Vedanta's Review Plea On AEL's Plan Dismissed

Chhattisgarh has enacted a stringent anti-conversion bill, mandating public disclosure and official verification of proposed religious changes. The legislation imposes severe penalties, including life imprisonment for illegal mass conversions and a minimum 10-year jail term for converting vulnerable groups. This new law replaces the 1968 Act, aiming to curb conversions through force, coercion, or allurements.

To deepen the securitisation market, Sebi has made it easier for banks and public financial institutions to act as trustees, while a new code of conduct has been put in place to safeguard investors' interest.

MUMBAI: Birla AT&T Tata, the proposed merged cellular entity of the Birlas, the Tatas and AT&T, has acquired 100 per cent stake in RPG Cellular -- the cellular service provider in Madhya Pradesh -- for a consideration of around Rs 400 crore.

After unveiling the Rs 6-lakh-crore asset monetisation programme, the government has accelerated efforts to hive off surplus land and will soon seek Cabinet approval for setting up a specialised entity (special purpose vehicle, or SPV) to undertake such transactions for state-run companies, ministries and departments.