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...
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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...
ReNew sells 11% stake in unit for $95 million
ReNew Monday said it sold around 11% stake in its commercial and industrial (C&I) power generation power unit to three investors-Leapfrog Investments, Emerging Market Climate Action Fund, and Carlyle AlpInvest. The...
Clean Max Enviro Energy Solutions to acquire 100% stake in Kintech Solarbikaner
Clean Max Enviro Energy Solutions has entered into a Share Purchase Agreement with Kintech Synergy and Kintech Solarbikaner on 16 March 2026 for the acquisition of 100% equity shares of Kintech Solarbikaner at an...
Kotak Mahindra Mutual Fund acquires stake in this recently listed healthcare stock
KMMF stated its acquisition of 175,164 equity shares in Park Medi World Limited. This move raised KMMF’s total shareholding in the company from 4.9988% to 5.0393%. The shares of Park Medi World Limited have a face...
