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...
Ronnie Screwvala’s Upgrad to acquire Unacademy in all-stock deal
Ronnie Screwvala-led Upgrad would acquire Unacademy in an all-stock deal, according to the SoftBank-backed test prep company’s founder Gaurav Munjal. “Neither side will disclose the valuation until closing, when...
NARCL to buy Kurukshetra e-way debt
Government-backed National Asset Reconstruction Company (NARCL) is set to acquire the Rs 1,500 crore debt of Kurukshetra Expressway (KEPL) because no other buyer has offered a better price, said a person familiar with...
IDBI Bank sale may stall as bids trail reserve price
The strategic sale of IDBI Bank may stall as financial bids for the lender are lower than the floor price set by the government, people familiar with the matter said. The Centre may now need to halt the disinvestment...
CARS24 acquires Vehicle Info to build full-stack vehicle ownership platform
CARS24 has acquired automotive utility app Vehicle Info as part of its strategy to build what it describes as India’s first full-stack vehicle ownership platform, the company said on Thursday. The move marks a shift for...
