TruAlt Bioenergy today announced a strategic investment of Rs 13 crore by GAIL (India) in its subsidiary, Leafiniti Bioenergy (LBPL), marking a significant step in advancing its Compressed Biogas (CBG) portfolio and...
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Mortgage lender Weaver buys majority stake in Centrum Housing
Housing finance company Weaver Services Pvt Ltd has acquired a majority stake in Centrum Housing Finance Ltd (CHFL). Weaver on Wednesday said it has completed raising ₹1,450 crore from Premji Invest, Lightspeed Venture...
Centre has no plans to exit Vodafone Idea: Jyotiraditya Scindia
Union communications minister Jyotiraditya Scindia said Indian telecom operators are among the healthiest globally, with the sector continuing to grow steadily. He added that the government is evaluating the next phase...
Adani Enterprises gets NCLT nod for JAL takeover
The National Company Law Tribunal (NCLT) has approved the acquisition of Jaiprakash Associates Ltd (JAL) by Adani Enterprises, clearing the way for one of the most high-profile resolutions under India’s insolvency...
Tata Steel to merge wholly owned subsidiary NINL, aims to optimise operations
Tata Steel’s board has approved the merger of its wholly owned subsidiary, Neelachal Ispat Nigam (NINL), with the company, as the steelmaker looks to simplify its structure, improve raw material...
Government likely to restart IDBI Bank privatisation process from scratch
The government is likely to restart the IDBI Bank privatisation process de novo, or from scratch, after financial bids received came in below the reserve price and the exercise was called off last week, according to...
WeCP, built by Abhishek Kaushik, gets acquired by Invisible to train AI models
When Invisible Technologies announced this week that it would acquire the technical assessment platform WeCP, the news highlighted a growing shift in the artificial intelligence industry. The platform, founded by Indian...
Leela Palaces Hotels acquires luxury resort in Coorg
Leela Palaces Hotels and Resorts on Tuesday announced the acquisition of an ultra-luxury resort in Coorg, Karnataka. The Leela Coorg Forest Sanctuary extends the hospitality player’s portfolio into one of South...
Ola Electric plans to raise Rs 2,000 crore via stake sale in Ola Cell Technologies
Ola Electric Mobility, which has lost nearly three-fourths of its stock value since its initial share sale in 2024, plans to raise around Rs 2,000 crore by offering investors a stake in its subsidiary Ola Cell...
IDBI Bank divestment scrapped? LIC, govt-owned bank clarifies after stock tanks
IDBI Bank on Monday said it cannot confirm or deny media reports suggesting the government may scrap the proposed majority stake sale in the lender, stating that the strategic disinvestment process is confidential and...
NCLAT restores insolvency appeal filed against Dilip Buildcon
The National Company Law Appellate Tribunal (NCLAT) on Monday restored an insolvency appeal against Dilip Buildcon, a construction and infrastructure development company. A two-member bench of the NCLAT on December 12...
MakeMyTrip eyes domestic listing after restructuring India business
Nasdaq-listed MakeMyTrip is evaluating a potential listing of its India business, a move that could open the company to domestic institutional and retail investors, while strengthening its position in its largest market...
