BANKING & FINANCE Manipal Health Enterprises Redeems ₹5,310 Cr NCDs Using IPO Proceeds

Manipal Health Enterprises Ltd (Manipal Hospitals) has fully redeemed non-convertible debentures (NCDs) with a nominal value of ₹5,310 crore issued by its wholly owned subsidiary, Manipal Hospitals Private Ltd. The redemption was undertaken using the relevant portion of the IPO proceeds, in accordance with the objects of the Initial Public Offering disclosed in the prospectus […]

CW Bureau · Sep 18, 2026

HOSPITALITY Lemon Tree Hotels Forms JV With RJ Corp For Aurika Shillong Project

Lemon Tree Hotels Ltd’s wholly owned subsidiary Carnation Hotels Pvt Ltd has entered into a Joint Venture Agreement with RJ Corp Ltd for the development and execution of the Aurika Shillong project through Arum Hotels Pvt Ltd. Arum is the special purpose vehicle formed for the project and is currently a step-down wholly owned subsidiary […]

CW Bureau · Sep 14, 2026

RETAIL/FMCG Kerala Ayurveda Eyes ₹200 Cr Sales In FY27, Targets ₹1,000 Cr By 2030

Kerala Ayurveda Ltd (KAL) is targeting consolidated revenue of ₹200 crore in FY27, representing around 38% growth over FY26, as it seeks to build a ₹1,000-crore enterprise by 2030 under its Vision 2030 strategy. Operating revenue is targeted to grow by around 50% in FY27, with the company focusing on its Global E-Product, Global Health […]

CW Bureau · Sep 6, 2026

HOSPITALITY Moopen Family Ups Aster DM Stake To 24.58% With ₹350 Cr Purchase

Union (Mauritius) Holdings Ltd., owned and promoted by Dr. Azad Moopen and his family, has acquired 46.09 lakh equity shares of Aster DM Quality Care Ltd. from TPG-backed Centella Mauritius Holdings Ltd. for about ₹350.34 crore. The shares, representing around 0.57% of Aster DM Quality Care’s paid-up equity share capital, were acquired on September 2 […]

CW Bureau · Sep 4, 2026

STARTUP/TECHNOLOGY One Global Service Provider To Buy 51% Stakes In Two Diagnostics Firms

One Global Service Provider Ltd has entered into agreements to acquire 51% equity stakes in Chennai-based Matrix Labs Diagnocare Pvt Ltd (MLDPL) and Matrix Labs Pvt Ltd (MLPL), strengthening its presence in the healthcare and medical diagnostics sector. The company will acquire 13,321 equity shares of MLDPL and 2,550 equity shares of MLPL, representing 51% […]

CW Bureau · Sep 4, 2026

HOSPITALITY Max Healthcare Expands Saket Hospital To 1,200 Beds In New Delhi

Max Healthcare Institute Ltd has expanded its healthcare capacity in Delhi with the inauguration of a new 400-bed tower at Max Smart Super Speciality Hospital, Saket. The facility was inaugurated by Home Minister Amit Shah. With the expansion, Max Hospital, Saket will have approximately 1,200 beds, making it the largest private hospital in Delhi by […]

CW Bureau · Sep 3, 2026

STARTUP/TECHNOLOGY Protean eGov Targets AI-Led Digital Expansion And Global Growth

Protean eGov Technologies Ltd, an IT-enabled solutions company, is pursuing a three-pillar strategy focused on scaling Digital Public Infrastructure (DPI), building AI-driven enterprise digital ecosystems and taking its capabilities to international markets. The company plans to strengthen its existing digital platforms while developing new foundational digital rails across financial services, insurance, agriculture, healthcare, education and […]

CW Bureau · Aug 29, 2026

BANKING & FINANCE HSBC Consumption Fund Delivers 15.13% Return Since Inception

HSBC Mutual Fund’s HSBC Consumption Fund, an open-ended equity scheme following the consumption theme, has delivered a 15.13% return since inception under the Regular Growth Option, outperforming its benchmark, Nifty India Consumption TRI, which returned 14.81%. The fund, which completed three years since its launch in August 2023, had assets under management (AUM) of ₹1,762 […]

CW Bureau · Aug 27, 2026

HOSPITALITY Apollo Hospitals Makes Routine Healthcare Available ‘7 Days A Week’

Apollo Hospitals Makes Routine Healthcare Available Seven Days A Week Apollo Hospitals has launched ‘Always Open. Always Here.’, an initiative to make routine and planned healthcare services available across all seven days of the week, including Sundays, as it seeks to improve timely access to consultations, diagnostics and preventive care. Emergency, critical care and inpatient […]

CW Bureau · Aug 20, 2026

STARTUP/TECHNOLOGY Guidehouse Opens Hyderabad Hub, Plans To Hire 1,000 Professionals

Guidehouse, a global professional services firm, has opened a new hub in Hyderabad as part of its expansion in India and plans to hire more than 1,000 professionals over the next 12 months. The hiring will cover managed services, technology, analytics and digital transformation, with a focus on supporting clients in the healthcare and financial […]

CW Bureau · Aug 20, 2026

GENERAL Piramal Pharma Acquires Additional 40.67% Stake In Yapan Bio For ₹76 Cr

Piramal Pharma Ltd has completed the acquisition of an additional 40.67% stake in Yapan Bio Pvt Ltd for ₹76 crore, taking its total holding in the Hyderabad-based company to 74%. With the completion of the transaction on August 18, Yapan Bio has become a subsidiary of Piramal Pharma. The company is a contract development and […]

CW Bureau · Aug 19, 2026

STARTUP/TECHNOLOGY Amgen To Set Up Science And Innovation Centre In Hyderabad

Hyderabad-based Amgen has announced plans to establish a new Science and Innovation Centre at Genome Valley in Hyderabad. The centre will become part of Amgen’s global Research and Development network, which comprises seven research laboratories. It will expand the company’s scientific and research capabilities in India. Centre to focus on advanced research The new facility […]

CW Bureau · Aug 12, 2026