The central government is considering divesting 2-3% of its stake in Life Insurance Corporation (LIC) during 2025-26, subject to market conditions, as part of its strategy to achieve the mandated 10% public shareholding...
Google is poised to acquire eye-tracking startup for future glasses
Alphabet Inc.’s Google is in final talks to acquire AdHawk Microsystems Inc., a maker of eye-tracking technology, part of a renewed push into headsets and smart glasses. The technology giant intends to buy the Canadian...
Houston Texans acquire C.J. Gardner-Johnson in trade with Eagles
The Houston Texans have made a big move this season by trading left guard Kenyon Green for safety C.J. Gardner-Johnson from the Philadelphia Eagles. A selection swap is also included in the deal; the Texans receive a...
TCS to acquire Darshita Southern India Happy Homes for Rs 2,250 crore
Tata Consultancy Services (TCS), India’s largest IT services company, is acquiring 100 per cent equity share of Darshita Southern India Happy Homes for Rs 2,250 crore. The acquisition is focused on acquiring the land...
WNS to acquire Kipi.ai to expand data analytics and AI capabilities
WNS, a business process management (BPM) company, said it bought Kipi.ai, a data modernisation company working on the Snowflake platform, for an undisclosed amount. Kipi, based in the US, provides strategy, execution...
Uber Terminates Deal to Buy Delivery Hero’s Taiwan Business
Uber Technologies Inc. has terminated its deal to acquire Delivery Hero SE’s Foodpanda business in Taiwan, after the island’s antitrust regulator rejected it in December. Uber is required to pay a termination fee that...
SRF acquires Kanpur Plastipack’s CPP business to bolster offerings
SRF Ltd will enter into the cast polypropylene (CPP) film business by acquiring the entire plant and machinery from Kanpur Plastipack Ltd (KPL) for ₹49.25 crore, the company said in a stock exchange filing on Tuesday...
Musk, Ambani join hands in surprise Starlink India internet deal
Mukesh Ambani’s Reliance Jio signed a deal with Elon Musk’s SpaceX to bring Starlink satellite internet services to India, a surprise move from the billionaires after being at odds for months over how the...
Northvolt close to filing for bankruptcy in Sweden, newspaper DN reports
Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy in Sweden, Swedish newspaper Dagens Nyheter (DN) reported on Tuesday. Northvolt sought U.S. Chapter 11...
Italy’s Synapsia signs $2.5 bln deal with UAE’s Bold Technologies
Italy’s Synapsia has signed a $2.5-billion contract with UAE’s Bold Technologies to provide AI-powered city management services for Abu Dhabi, Synapsia CEO Daniele Marinelli told Reuters. The Italian company...
Supreme Inds to acquire Piping business of Wavin India for $30 million
Supreme Industries said that it has entered into an agreement for acquiring the Indian Piping (building and infrastructure) business of Wavin Industries for an aggregate consideration of $30 million plus networking...
Panama to request legal, financial documents on CK Hutchison-BlackRock port deal
The Panama Maritime Authority, which oversees shipping and port infrastructure in the country, will request all legal and financial documents from a key transaction between CK Hutchison and a consortium backed by...
