HOSPITALITY
Seeking Synergies: Oriental Hotels Approves Merger With Indian Hotels
The board of directors of Oriental Hotels Ltd (OHL) has approved a scheme of arrangement for the amalgamation of the company with The Indian Hotels Company Ltd (IHCL), subject to requisite regulatory, shareholder and creditor approvals. Board approves amalgamation The approval was given at OHL’s board meeting on August 24, 2026, based on the recommendations […]
CW Bureau
·
Aug 24, 2026
HOSPITALITY
Apollo Hospitals Defends Recast Plan, Offers New Governance Safeguards
Apollo Hospitals Enterprise Ltd (AHEL) has reiterated its commitment to a proposed restructuring scheme aimed at unlocking shareholder value through the separation and independent listing of its pharmacy and digital health businesses, while announcing additional governance safeguards in response to feedback from shareholders and stakeholders. In a stock exchange filing, the healthcare major said it […]
CW Bureau
·
Jun 19, 2026
AUTO
Renault India Moves NCLT To Split Powertrain and Vehicle Businesses
Renault Group has approached the National Company Law Tribunal (NCLT) seeking approval for a proposed structural realignment of its India operations, signalling a calibrated shift towards sharper operational clarity and long-term scalability. Clearer operating architectureThe proposed restructuring aims to create distinct, focused business verticals. Under the plan, powertrain manufacturing will be housed within a dedicated […]
CW Bureau
·
Apr 30, 2026
