MANUFACTURING Blue Star Expects Strong H2 Growth, Focuses On Margin Improvement

Blue Star Ltd, an air conditioning and commercial refrigeration solutions provider, expects to maintain its revenue growth momentum in the second half of FY27, supported by festive-season demand for room air conditioners, a revival in commercial air conditioning and refrigeration, and fresh project opportunities in data centres. In its Q2FY27 and H1FY27 investor update, the […]

CW Bureau · Oct 30, 2026

HOSPITALITY KIMS Acquire Stakes In Two Hospitals In Kakinada And Sangli For ₹95 Cr

Krishna Institute of Medical Sciences Ltd (KIMS), a multi-specialty healthcare provider, has agreed to acquire stakes in two hospitals in Andhra Pradesh and Maharashtra for an aggregate consideration of up to ₹94.5 crore, strengthening its hospital network and operations. The company has acquired a 51% stake in Sarvottam Health Care Pvt Ltd, which operates Trust […]

CW Bureau · Oct 30, 2026

HOSPITALITY Fortis Healthcare Acquires Suguna Hospital In Bengaluru For ₹277 Cr

Fortis Healthcare Ltd, a healthcare delivery company, has acquired Suguna Hospital in Bengaluru for ₹277 crore through an all-cash transaction structured as a slump sale. The acquisition was completed by Fortis Healthcare’s wholly owned subsidiary, International Hospital Ltd (IHL), which will take over the hospital’s entire business operations, including the underlying land and building. The […]

CW Bureau · Oct 28, 2026

HOSPITALITY KIMS To Acquire 51% Stake In Insignia Healthcare For ₹30.35 Per Share

Krishna Institute of Medical Sciences Ltd (KIMS), a healthcare provider operating hospitals and medical facilities, has approved the acquisition of up to 51% of the paid-up capital of Insignia Healthcare Pvt Ltd, an operations and management (O&M) entity operating KIMS-SIKHARA in Guntur, Andhra Pradesh. Insignia operates a 150-bed hospital with the potential to expand capacity […]

CW Bureau · Oct 6, 2026

HOSPITALITY IHH Healthcare To Raise Fortis Stake To 51%, Target 10,000 Beds By 2031

IHH Healthcare, a leading multinational healthcare provider and one of the largest foreign direct investors in India’s hospital sector, has reiterated its commitment to expanding its presence in the country. The company plans to increase its stake in Fortis Healthcare to 51% over the next three to five years, further integrate its Fortis and Gleneagles […]

CW Bureau · Sep 25, 2026

INFRASTRUCTURE West Bengal CM Lays Foundation Stone For Adani Arogya Mandir

West Bengal Chief Minister Suvendu Adhikari laid the foundation stone for a 2,000-bed Adani Arogya Mandir at Bengal Silicon Valley Tech Hub in Kolkata, with the Adani Foundation investing over ₹4,000 crore in the project. The healthcare and academic campus, spread across 51.75 acres, will comprise a multi-speciality hospital, step-down and transitional care facilities, and accommodation […]

CW Bureau · Sep 24, 2026

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