Novo Holdings Purchases Up to Rs 1,200 Crore for a 49% Share in Surya Hospitals
A Danish investment behemoth, Novo Holdings, has acquired a 49 percent stake in the Indian company Surya Hospitals for a total of up to Rs 1,200 crore. This acquisition highlights that the country’s specialized healthcare sector, especially the area concerning women’s and children’s healthcare, is still a significant attraction for…
Sunteck Realty Purchases ₹140 Cr of Mumbai Andheri Land in a Distressed Deal
Sunteck Realty has bought a 2-acre distressed land plot in Andheri East, Mumbai, for ₹140 crore. The plot has been embroiled in litigation for over a decade and is expected to give ₹2,500 crore in gross development value. The above transaction epitomises the core competency of the company in completing…
Gulf Oil Lubricants Completes Infrastructure Purchases and Sees Expansion
The Gulf Oil Lubricants India Ltd. (GOLIL) has formed alliances with some of the best construction equipment companies such as ACE, Ammann India, and XCMG. The purpose of these alliances is to increase the influence of the Gulf Oil brand in the infrastructure segment by providing them with approved lubricants.…
As demand recovers, Nuvoco Vistas raises cement prices; the Gujarat plant is expanding
Nuvoco Vistas Corporation Limited, the cement division of the Nirma Group, started increasing prices in major markets as there are signs that demand is headed in the right direction. The organization is planning to start their newly-acquired Vadraj cement plants in Gujarat in phases from FY27. According to Jayakumar Krishnaswamy,…
