New Delhi, September 12: Apollo Hospitals Enterprise Ltd (AHEL) has announced two major developments — the acquisition of IFC’s 30.8% stake in Apollo Health and Lifestyle Ltd (AHLL) and the establishment of a comprehensive oncology unit in Gurugram. IFC Exit from AHLL Apollo Hospitals will acquire 30.8% stake…
Engineers India Ltd (EIL), the state-owned engineering consultancy major, has secured a significant ₹618 crore contract from an Africa-based fertiliser manufacturer, strengthening its global project portfolio and reinforcing its leadership in engineering and project management services. Details of the Africa Fertiliser Project The order entails providing Project Management…
Tata Nifty Next 50 Index Fund NFO Summary: Tata Nifty Next 50 Index Fund endeavours to replicate Nifty Next 50 Index that represents the balance 50 stocks from Nifty 100 after excluding the Nifty 50 companies. The weights of the stocks in the index are based on their…
Jeena Sikho Lifecare Expands with New Hospital and UAE Subsidiary Jeena Sikho Lifecare has commenced operations of a new 40-bed, 22-room hospital in Jammu. The company has also formed a wholly owned subsidiary, Jeena Sikho International, in Sharjah, UAE, with a business license to begin operations. Additionally, it…
View on market: Volatility persists, eagerly searching for growth: Asian stock markets showed a mixed picture in early Monday trading. Shares in South Korea gained while markets in Australia and Hong Kong slipped. Trading in Japan was closed for a public holiday. The main regional index stayed close…
Bangalore, September 12, 2025: Stanley Lifestyles, a leading player in the furniture and lifestyle segment, has announced a strategic price reduction across its ‘Sofas & More’ retail chain, effective from September 12, 2025. The move, officially disclosed through regulatory filings with the National Stock Exchange of India (NSE)…
String Metaverse Limited, formerly known as Bio Green Papers Limited, has announced the sale of its entire shareholding in its subsidiary String AI IFSC Private Limited to US-based Axill LLC for ₹1.84 crore. The transaction, which involved 1,38,83,568 equity shares, was completed on September 11, 2025, and marks…
Vintage Coffee & Beverages Limited has successfully raised ₹178 crore through a preferential allotment of 1,43,55,000 equity shares at ₹124 per share. The board approved the allotment on September 11, 2025, marking a significant capital infusion aimed at strengthening the company’s financial position and supporting its expansion plans.…
Telecommunications Consultants India Limited (TCIL), a Government of India enterprise under the Ministry of Communications, has signed a strategic Memorandum of Understanding (MoU) with Punjab National Bank (PNB), one of India’s leading public sector banks, to accelerate its digital transformation initiatives. The MoU was formalized on 3rd September…
Mahindra Holdings Limited (MHL), the wholly-owned subsidiary of Mahindra & Mahindra (M&M), has announced the acquisition of stakes in two group companies—Mahindra & Mahindra Contech Limited (MMCL) and PSL Media & Communications Limited (PSL)—from Prudential Management & Services. This strategic move will elevate both entities from associate to…