Siemens eyes exit from cancer care chain American Oncology InstituteSiemens Healthineers is exiting its Indian cancer care chain, American Oncology Institute. The deal is valued between ₹1,500-2,000 crore. P...
14 May, 2026, 01.00 AM IST
Actis picks Standard Chartered to kick off $2 billion sale of BluPineActis is selling its Indian renewable energy firm BluPine Energy. The company has a capacity of 4 gigawatts. Standard Chartered Bank is adv...
24 Apr, 2026, 06.45 PM IST
Jio Financial Services, Allianz Group ink 50:50 general, health insurance JVJio Financial Services and Allianz Group from Germany are joining forces in an exciting new insurance initiative. This equal partnership wi...
23 Apr, 2026, 12.50 AM IST
PNB Housing Finance targets 18–20% loan growth, bets on affordable segmentPNB Housing Finance anticipates strong loan portfolio expansion of 18-20 percent this fiscal year. The company aims to reach a significant ...
23 Apr, 2026, 12.48 AM IST
AI to reshape financial market infrastructure, says State Bank of India chairman CS SettyState Bank of India chairman CS Setty foresees artificial intelligence revolutionizing financial markets. AI will enhance risk management a...
23 Apr, 2026, 12.44 AM IST
NIIF in talks with Temasek, leads race for $1.7 bn Sprng Energy buyActis, AV Birla Group & KKR are other contenders in fray, binding bids in coming days.
22 Apr, 2026, 11.35 PM IST
Aditya Birla Group among top 4 in Sprng Energy raceAditya Birla Group has entered the race to acquire Shell's renewable energy platform, Sprng Energy, joining NIIF, KKR, and Sembcorp. The co...
31 Jan, 2026, 05.30 AM IST
NIIF, KKR, Sembcorp vie to acquire Shell's Sprng Energy in one of India's biggest renewable M&A dealsAs the renewable energy market heats up, Shell is placing Sprng Energy on the auction block, inviting competition from notable investors in...
08 Jan, 2026, 06.00 AM IST
Shell to restart Sprng Energy sale process, ropes in BarclaysShell PLC is reportedly reviving the sale of its Indian renewable power producer, Sprng Energy, appointing Barclays to manage the process. ...
08 Oct, 2025, 11.14 PM IST
Shell’s plan to sell Sprng Energy stalls amid lukewarm investor interestShell's attempt to sell Sprng Energy faces challenges due to valuation disagreements. Discussions with Sekura Energy and ONGC stalled. Inve...
30 Apr, 2025, 12.46 AM IST
Shell in talks with Sekura to sell 300 MW of Sprng EnergyShell Plc is in talks with Sekura Energy, Edelweiss Alternatives' energy platform, to sell a 300-MW portfolio from its India-based renewabl...
27 Jan, 2025, 11.32 PM IST
ONGC in talks to buy Sprng Energy's 125MW operating solar assetShell acquired renewable energy platform Sprng Energy from private equity investor Actis in August 2022 for an enterprise value of $1.55 bi...
19 Dec, 2024, 11.20 PM IST
Waaree Energies secures 220 MW solar module supply order from Sprng EnergyWaaree Energies is among India's largest manufacturers of solar PV modules with an aggregate installed capacity of 12 GW, as of June 30, 20...
01 Apr, 2024, 04.12 PM IST
Shell to acquire Sprng Energy for $1.5 billionAn important part of this strategy is to develop a best-in-class integrated power business, which will help Shell to reach its target of be...
30 Apr, 2022, 06.52 AM IST
Azure Power, 3 others looking to bid for Actis-owned Sprng EnergyThe company has plans to develop a portfolio of 9 GW of renewable energy, which predominantly comprises solar power generation, according t...
29 Nov, 2021, 11.52 PM IST
Actis raises $4.7 billion for new fund, will deploy $850 million in IndiaEarlier in 2018, Actis sold its clean energy platform Ostro Energy to ReNew Power Ventures. Now it is planning to sell Sprng Energy.
14 Oct, 2021, 09.09 PM IST
PE firm Actis hires BoA to steer $2.75 billion sale of renewable platform Sprng EnergyFeelers have been sent to Canadian funds including Brookfield and CPPIB as well as Indian conglomerate Adani Group for the buyout.
02 Sep, 2021, 10.18 AM IST