NCLT approves merger, enhancing Hinduja Group's portfolio.

04 Apr 2024 CW Team

With the merger approved, the integrated entity is poised to leverage the strengths of both the healthcare and real estate segments, fostering greater efficiency and competitiveness in the market. The move aligns with Hinduja Group's overarching vision to drive growth and innovation while delivering value to its stakeholders.

The healthcare sector, in particular, stands to benefit from this consolidation, as it enables the Group to streamline resources, improve operational efficiency, and explore new avenues for growth. By integrating healthcare services with real estate assets, the Group can create integrated healthcare ecosystems that offer comprehensive solutions to patients and customers.

Moreover, the merger is expected to unlock synergistic opportunities in real estate development, leveraging the Group's extensive experience and expertise in the sector. This integration allows for enhanced project planning, execution, and management, leading to the creation of landmark developments that cater to evolving market demands.

The approval from NCLT underscores the robustness of the merger proposal and highlights the Group's adherence to regulatory norms and corporate governance standards. It also reflects positively on the Group's financial health and strategic foresight, positioning it for sustained growth and resilience in a dynamic business environment.

Overall, the merger between Hinduja Group's healthcare and real estate companies signifies a strategic milestone in the Group's journey towards consolidation and expansion. By bringing together complementary strengths and capabilities, the integrated entity is well-positioned to capitalise on emerging opportunities and deliver enhanced value to its stakeholders.

The National Company Law Tribunal (NCLT) has given the nod for the merger between Hinduja Group's healthcare and real estate entities, marking a significant development in the conglomerate's strategic expansion. This decision underscores the Group's commitment to consolidating its operations and enhancing synergies across its diverse business verticals. With the merger approved, the integrated entity is poised to leverage the strengths of both the healthcare and real estate segments, fostering greater efficiency and competitiveness in the market. The move aligns with Hinduja Group's overarching vision to drive growth and innovation while delivering value to its stakeholders. The healthcare sector, in particular, stands to benefit from this consolidation, as it enables the Group to streamline resources, improve operational efficiency, and explore new avenues for growth. By integrating healthcare services with real estate assets, the Group can create integrated healthcare ecosystems that offer comprehensive solutions to patients and customers. Moreover, the merger is expected to unlock synergistic opportunities in real estate development, leveraging the Group's extensive experience and expertise in the sector. This integration allows for enhanced project planning, execution, and management, leading to the creation of landmark developments that cater to evolving market demands. The approval from NCLT underscores the robustness of the merger proposal and highlights the Group's adherence to regulatory norms and corporate governance standards. It also reflects positively on the Group's financial health and strategic foresight, positioning it for sustained growth and resilience in a dynamic business environment. Overall, the merger between Hinduja Group's healthcare and real estate companies signifies a strategic milestone in the Group's journey towards consolidation and expansion. By bringing together complementary strengths and capabilities, the integrated entity is well-positioned to capitalise on emerging opportunities and deliver enhanced value to its stakeholders.

Infrastructure Energy

09 Jan 2026

Rajesh Power Secures 65 MW BESS Project in Gujarat

Rajesh Power Services has recently secured a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat, marking its entry into utility-scale energy storage. The company received a Letter of Intent from Gujarat Urja Vikas Nigam for the project, which will be developed at Virpore under a tariff-based competitive bidding mechanism supported by Viability Gap Funding through the Power System Development Fund.The project is expected to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement. With the ability to supply 65 MW of power for..

Infrastructure Energy

09 Jan 2026

ONGC Forms JV with MOL for Ethane Shipping Operations

Oil and Natural Gas Corporation (Oil and Natural Gas Corporation) has recently entered the ethane shipping segment through joint venture agreements with M/s Mitsui O.S.K. Lines Ltd (Mitsui O.S.K. Lines), Japan. The agreements involve equity participation in two joint venture entities—Bharat Ethane One IFSC Private Limited and Bharat Ethane Two IFSC Private Limited—registered at GIFT City, Gandhinagar.Under the arrangement, ONGC will subscribe to 2,00,000 equity shares of Rs 100 each in both entities, resulting in a 50 per cent equity holding in each joint venture, with the remaining stake ..

Infrastructure Energy

09 Jan 2026

Waaree Energy Storage Raises Rs 10.03 Billio for 20 GWh Plant

Waaree Energy Storage Solutions Private, a subsidiary of Waaree Energies, has recently completed a strategic fund raise of around Rs 10.03 billion from a group of strategic investors, including family offices, high-net-worth individuals and institutional backers. The funding strengthens the company’s position in India’s rapidly expanding energy storage ecosystem.The capital raise forms part of an announced capital expenditure programme of nearly Rs 100 billion for setting up a 20 GWh advanced lithium-ion cell and battery pack manufacturing facility. The plant will manufacture high-performa..