India: Tata, India Power bid for CESU; CLR Facility, Jain Irrigation in M&A

Tata Power and Hemant Kanoria-controlled India Power Corporation Ltd have placed a bid to acquire Central Electricity Supply Utility of Odisha (CESU). In another development, facility management services provider CLR has acquired Hindustan Facilities while Jain Irrigation said it is buying cloud-based platform ETwater.