CCI Approves Manipal’s Stake Buy in Aakash Educational Services
Education

CCI Approves Manipal’s Stake Buy in Aakash Educational Services

The Competition Commission of India (CCI) has approved a transaction involving the acquisition of equity in Aakash Educational Services Limited by Manipal Health Systems Private Limited and Manipal Education and Medical Group India Private Limited.

Manipal Health Systems (Acquirer 1) operates hospitals and healthcare services across India, while Manipal Education and Medical Group (Acquirer 2) provides management consultancy services. Both companies are Indian-owned and controlled, and are jointly referred to as the Acquirers.

The deal involves the purchase of equity shares in Aakash Educational Services Limited from Mr J.C. Chaudhry, one of the individual shareholders in the company.

Aakash Educational Services is a well-established unlisted public company providing a range of educational services across India. These include:

  • Supplementary classroom coaching for students from Class 8 to 12
  • Preparation for competitive and merit-based exams, such as Olympiads and NTSE
  • Multiple delivery models including classroom teaching, online learning, hybrid formats, and distance education

The acquisition marks a strategic move for the Manipal Group, enabling it to strengthen its footprint in India’s education sector. The CCI’s detailed order is expected to follow in due course.


Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Competition Commission of India (CCI) has approved a transaction involving the acquisition of equity in Aakash Educational Services Limited by Manipal Health Systems Private Limited and Manipal Education and Medical Group India Private Limited.Manipal Health Systems (Acquirer 1) operates hospitals and healthcare services across India, while Manipal Education and Medical Group (Acquirer 2) provides management consultancy services. Both companies are Indian-owned and controlled, and are jointly referred to as the Acquirers.The deal involves the purchase of equity shares in Aakash Educational Services Limited from Mr J.C. Chaudhry, one of the individual shareholders in the company.Aakash Educational Services is a well-established unlisted public company providing a range of educational services across India. These include:Supplementary classroom coaching for students from Class 8 to 12Preparation for competitive and merit-based exams, such as Olympiads and NTSEMultiple delivery models including classroom teaching, online learning, hybrid formats, and distance educationThe acquisition marks a strategic move for the Manipal Group, enabling it to strengthen its footprint in India’s education sector. The CCI’s detailed order is expected to follow in due course.

Next Story
Infrastructure Energy

NX Group Sets Roadmap to Triple India Revenue, Targets USD 400M by 2028

NX Group (Nippon Express Group) has outlined its strategic roadmap for powering India’s semiconductor growth during SEMICON India 2025, reaffirming logistics as a critical enabler of the nation’s ambition to become a global semiconductor hub. NX Group (India) is targeting USD 400 million in revenue by 2028, a threefold rise from 2023, underlining its focus on India’s fast-growing semiconductor ecosystem. The Indian semiconductor market is projected to reach USD 109 billion by 2030, nearly three times its 2023 size, and the company is aligning its expertise and investments to deliver..

Next Story
Infrastructure Urban

GST Rate Cuts on Cement, Materials Spark Optimism Across Industries

In its 56th meeting on September 3, 2025, the GST Council announced sweeping reforms, slashing tax rates on key construction inputs and simplifying slabs from four to two—5 per cent and 18 per cent. Cement now attracts 18 per cent GST, down from 28 per cent, while marble, granite blocks, and sand-lime bricks have been cut from 12 per cent to 5 per cent. The reforms, described as “next-generation GST,” are expected to lower costs, improve affordability, and spur demand across housing, infrastructure, logistics, energy, and manufacturing. Industry leaders welcomed the move as timely a..

Next Story
Infrastructure Transport

Bihar Approves ₹5,474 Cr Infra Projects, ₹589 Cr Gandak Bridge

Delhi / Patna | September 4, 2025 – The Bihar government has approved infrastructure projects worth ₹5,474 crore, including a three-lane bridge over the Gandak river in Muzaffarpur at a cost of ₹589 crore. The high-level PSC box cell bridge will connect Fatehabad (Paru block) with Chanchalia (Saraiya block). Stretching 2,280 metres in length and 15.55 metres in width, it will include a 2,200-metre access road, reducing the current 49 km detour via Rewa Ghat to just 10 km. The project is expected to ease travel time and cut fuel costs for commuters. Road Construction Minister Ni..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?