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flag Manipal Education bids for Think & Learn assets, targeting Aakash stake, as deadline extended.

flag Manipal Education & Medical Group is the sole bidder so far for assets of Think & Learn, the bankrupt parent of Byju’s, primarily seeking its 25% stake in Aakash Educational Services. flag The resolution professional overseeing the process extended the bid deadline to November 13 and lowered the bank guarantee to attract more interest. flag Think & Learn’s insolvency follows Byju’s financial collapse, with Aakash undergoing a rights issue that reduces Think & Learn’s stake to 6.125%, a move opposed by creditors. flag Meanwhile, JSW Group plans to raise funds for a potential AkzoNobel acquisition, and Indian firms like Blackbuck and Delhivery report mixed financial results, while Figma expands in India and Paytm refocuses on merchants and AI.

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