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T&D India has secured a contract from AESL Projects for design and establishment of 2500 MW, ± 500 kV High Voltage Direct Current (HVDC) VSC Terminal Station (2x1250 MW) for evacuation of renewable power from KPS 3 (Khavda) to South Olpad. ’ wholly owned subsidiary -- Tata Chemicals International Pte (TCIPL) has executed a share purchase agreement (SPA) to acquire 100% equity share capital of Novabay Pte. This acquisition is in line with the company's strategic intent to strengthen its capabilities in premium grade products. The cost of the acquisition is at the enterprise value of EUR 25 million (equivalent to around SGD 37.8 million), which is subject to net debt, net working capital and other customary adjustments. Pursuant to the proposed transaction, TCIPL will acquire 100% of the issued and paid-up equity share capital of Novabay, and Novabay will become a wholly owned subsidiary of TCIPL. has signed a definitive agreement for the acquisition of the 125-bedded People Tree Hospital in Yeshwanthpur, Bengaluru (PTHY) by way of a 100% acquisition of TMI Healthcare (TMI Healthcare), the entity under which the PTHY business operations reside. The said acquisition would be undertaken by the company’s wholly-owned subsidiary --International Hospital (IHL). As part of the composite transaction, along with the acquisition of TMI Healthcare, IHL would also acquire the hospital building and the underlying land of PTHY from the promoters of TMI Healthcare and an adjacent land parcel from an independent third party; for a cumulative transaction value of Rs 430 crore (including debt residing with TMI Healthcare).