Business

Tata Power, one of India’s largest integrated power companies, is rapidly transforming itself into a dominant player in the hybrid renewable energy (RE) segment, combining solar, wind, and storage solutions to offer round-the-clock green energy to industries and states. Chairman N Chandrasekaran, addressing shareholders at the company’s recent AGM, said Tata Power is strategically positioned…

In a major strategic move towards diversifying its natural resources portfolio, Lloyds Enterprises Ltd has announced that it will acquire over 31% stake in Geomysore Services India Private Limited for approximately ₹140 crore. The proposed acquisition aims to mark Lloyds’ formal entry into the gold mining sector, leveraging Geomysore’s exploration and mining expertise to build…

In a strategic move to expand its healthcare footprint, Unaprime Healthcare has acquired an 84.5% majority stake in Lokmanya Hospitals, a prominent multi-specialty hospital chain headquartered in Pune, Maharashtra. The acquisition is part of Unaprime’s ambitious plan to establish itself as a formidable player in India’s rapidly consolidating healthcare sector. Key Deal Highlights Parameter Details…

Mahindra Holidays & Resorts India Ltd (MHRIL) has announced that its Finnish subsidiary, Holiday Club Resorts Oy, has acquired 100% stake in Salla Star Property firm for a cash consideration of €0.26 million (approx. ₹2.35 crore). This strategic acquisition is aimed at enhancing Holiday Club’s property portfolio in Finland, focusing on high-demand experiential destinations. Acquisition…

In a strategic move to strengthen its foothold in India’s pharmaceutical landscape, Torrent Pharmaceuticals Ltd announced on Thursday its decision to acquire an additional 2.41% stake in JB Chemicals & Pharmaceuticals Ltd (JBCPL) for a consideration of ₹620 crore. The transaction signals Torrent’s continued confidence in JBCPL’s growth potential and is likely to enhance its…

In a major philanthropic initiative reaffirming its commitment to social development, Infosys Foundation has pledged a grant of over ₹48 crore to significantly improve maternal and child healthcare infrastructure in rural Karnataka. The Foundation, led by Chairperson Sudha Murty until her recent retirement and currently under new leadership, continues to focus on critical grassroots health…

In a significant boost to India’s clean energy and grid stability infrastructure, International Finance Corporation (IFC), the private sector arm of the World Bank Group, has committed an investment of Rs 460 crore ($55 million) to IndiGrid for developing the country’s largest battery energy storage system (BESS). The investment marks IFC’s growing focus on energy…

German home appliance and refrigeration giant Liebherr has commenced production of its fully integrated refrigerator models at its manufacturing facility in Aurangabad, Maharashtra, marking a significant milestone in its India operations. This strategic move aligns with the company’s commitment to expand its localised portfolio and tap into India’s rapidly growing premium home appliances market. Significance…

Catamaran Ventures, the family office and investment arm of Infosys co-founder Narayana Murthy, is exploring ambitious opportunities in India’s emerging precision manufacturing sector by planning Amazon-like joint ventures with global partners. This strategic pivot reflects a larger vision to leverage India’s manufacturing policy tailwinds, integrate technology with production, and build scalable ventures aligned with Make…

Nikesh Arora, an alumnus of IIT-BHU, Harvard Business School, and Boston College, is among the most celebrated Indian-origin corporate leaders globally. Currently the Chairman and CEO of Palo Alto Networks, Arora’s career trajectory from an engineer to one of the world’s highest-paid CEOs is a powerful testament to ambition, adaptability, and strategic clarity. Early Life…