The bankruptcy court in Mumbai has admitted Oban Fashions Pvt Ltd, a wholly-owned subsidiary of listed Knitwear brands Rupa & Co Ltd under the Corporate Insolvency Resolution Process (CIRP) in an application filed...
Fusion CX acquires S4 Communications to expand BPO services
Fusion CX, a global customer experience (CX) business process outsourcing (BPO) provider, has acquired S4 Communications, a company specialising in call center outsourcing and BPO services. S4 Communications reported a...
Italy’s Del Vecchio family raises Monte dei Paschi stake to 9.8%
The holding company of late Italian billionaire Leonardo Del Vecchio has raised its stake in bailed-out lender Monte dei Paschi, a filing showed, strengthening its hand in expected further consolidation among the...
LEAP India Acquires CHEP India Private Limited (CIPL), Ushering in a New Era in Supply Chain Solutions
LEAP India, a leader in sustainable supply chain solutions, today announced its acquisition of CHEP India Private Limited (CIPL), an esteemed player in the supply chain industry. This strategic acquisition includes the...
WPIL hits record high after European arm acquires MISA ITALY
WPIL rallied 4.64% to Rs 753 after the company announced that its European subsidiary, Gruppo Aturia, has successfully acquired 100% shareholding of MISA ITALY, located in Arzignano, Italy. Misa is a leading Italian...
Tencent Bid for Assassin’s Creed Demands a Leap of Faith
One of the highlights of Ubisoft Entertainment SA’s Assassin’s Creed game series is the “leap of faith,” when the hooded main character takes a stomach-churning dive from the rooftops and always lands safely in a...
Chip Designer Arm Considers Acquiring Ampere Computing
SoftBank Group Corp. and its majority-owned Arm Holdings Plc are exploring a deal for Ampere Computing LLC, according to people familiar with the matter. Ampere, the Oracle Corp.-backed semiconductor designer, has drawn...
Warburg Pincus explores $5 billion-plus sale of Modernizing Medicine, sources say
Private equity firm Warburg Pincus is weighing options, including a sale, for Modernizing Medicine (ModMed) that could value the medical software provider at more than $5 billion, including debt, according to people...
Brazil’s Azul inching closer to merger with Gol, says local media
Brazilian airline Azul is expected to sign in the next few weeks a memorandum of understandings with rival carrier Gol’s parent Abra for a potential merger between Azul and Gol, newspaper Valor Economico reported...
Tire maker Goodyear to sell Dunlop brand to Japan’s Sumitomo Rubber for $701 mln
Goodyear Tire & Rubber Co said on Tuesday that it will sell its Dunlop brand to Japan’s Sumitomo Rubber Industries for $701 million in cash as part of a plan to streamline its business. The sale covers the...
CoinSwitch moves to acquire WazirX users offering Rs 600 cr in recovery aid
Home-grown crypto exchange CoinSwitch is rolling out a recovery programme worth Rs 600 crore targeted at WazirX users as the company looks to acquire customers of the embattled firm and enable them to recoup their...
Ligado files for bankruptcy after stalled wireless expansion
Wireless network company Ligado Networks LLC filed for bankruptcy in Delaware late on Sunday, seeking to cut $7.8 billion in debt after U.S. government agencies blocked its planned expansion into land-based 5G wireless...
