Competition panel clears amalgamation of India Power Corporation into DPSC: The Competition Commission of India has given its approval for the amalgamation of India Power Corporation Ltd. (IPCL) into DPSC Ltd. IPCL holds 93% share in DPSC. As a result of the amalgamation, IPCL's investments in various companies including power sector companies, will get transferred to investment trust in which beneficial interest will get transferred to DPSC.
With the rapid urbanisation in the country, real estate industry and construction industry in India is moving towards rapid growth serving as a vital sector in the Indian economy. It is expecte More
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