CCI Approves Manipal’s Stake Buy in Aakash Educational Services

26 Jun 2025 CW Team

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.

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..