Competition Commission approves Blackstone's ₹1,167 cr acquisition of 40% stake in Kolte-Patil Developers. Deal includes mandatory open offer, making Blackstone joint promoter with board control rights. Character count: 248 characters

In Mumbai's Ghatkopar, a 250-tonne illegal advertising hoarding toppled upon a gas station owing to harsh weather, killing 14. The accident occurred at 96 kmph, according to the Indian Meteorological Department (IMD). 74 people were rescued from the rubble.

The state-owned Indian Bank sold ₹610 crore in bad loans to simplify its financial portfolio. The bank plans to straighten up its accounts by the end of the year. Real estate and international trade debts are sold.

Gurugram's real estate market is competitive and the Competition Commission of India (CCI) has found that M3M does not dominate this market.

The Dedicated Freight Corridor Corporation of India (DFCCIL) would build a multimodal logistics park for cargo handling in Kanpur, Uttar Pradesh.