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Religare to Demerge Financial Services; Ixigo Acquires Train Booking Platform in Spain

STRATEGIC MINERALS

Religare Enterprises will demerge its financial services and insurance units into two entities. Manappuram Finance gains approval for a 41.66% stake acquisition by Bain Capital affiliates. Ixigo will acquire a 60% stake in Spain's Online Travel Solutions for €11.70 million.

TCS partners with NCDEX for equity market entry. HFCL secures a $4.67 million export order. NALCO and NLC India sign an MoU for a thermal power project.

Hindustan Copper faces a ₹929.40 crore demand notice. RailTel receives a ₹92.91 crore work order for an ICT-based educational lab.

Religare to Demerge Financial Services; Ixigo Acquires Train Booking Platform in Spain
Feb 16, 2026, 11:32 AM

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