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.

Feb 16, 2026, 11:32 AM