BENGALURU: India’s largest online travel agent MakeMyTrip will continue to spend aggressively in the hotel’s space even after its acquisition of main rival Ibibo Group, as it feels there is big headroom for growth...
Akastor sells Fjords to NOV in NOK 1.2 bln deal
Akastor Asa * Agrees to sell Fjords Processing to National Oilwell Varco for NOK 1.2 billion ($145.04 million) on debt- and cash-free basis * Fjords is a global leader in complete process support systems for gas, oil...
Amagi, BARC India join hands to monitor geo- targeted TV ad-campaigns
MUMBAI: Amagi Media Labs, the Indian targeted-TV advertisement solutions firm, has entered into a partnership agreement with television viewership monitoring agency, BARC India, to monitor geo –targeted ad campaigns of...
Oceaneering completes acquisition of Blue Ocean Technologies
Oceaneering International Inc : * Oceaneering completes acquisition of Blue Ocean Technologies, expanding subsea services into riserless light well intervention * Oceaneering International Inc says deal for...
Dentsu to acquire Happy Creative for Rs 200-300 crore
MUMBAI: International advertising firm Dentsu Aegis Network is set to acquire Happy Creative Services, a Bengaluru-based creative agency best known for its work on brands like Flipkart, Ola, and Diesel. The size of the...
Facebook, RailTel may team up to expand Wi-Fi initiative
NEW DELHI: After Google, it is social media giant Facebook which is looking to hook up with Indian Railways to provide WiFi across railway stations. RK Bahuguna, chairman of Indian Railways’ communications arm...
Lyft is said to seek a buyer, with no success
New York: It is not an easy thing to be an independent ride-hailing company these days. For one, it takes billions of dollars and hundreds of employees to spread to new cities, to market the service and to recruit...
Oyo may close Zo deal after SoftBank funding
The Ritesh Agarwal-led hotel aggregator major Oyo Rooms may soon close a merger with Zo Rooms after months of delay. The deal, announced earlier this year, is pending for want of funds. This will change after Japan’s...
Future’s Paytm tie-up to help it ride with Alibaba
NEW DELHI: Kishore Biyani’s recent partnership with Paytm for selling Big Bazaar products on the latter’s site is part of his broader strategy to build an alliance with Alibaba, Paytm’s largest...
Konecranes: European Commission approves proposed acquisition of Terex’s MHPS business
Konecranes Abp : * Konecranes has received approval from the European Commission for its pending acquisition of Terex’s MHPS business * The approval is conditional on a commitment by Konecranes to divest its STAHL...
Mahindra Intertrade and MSTC sign JV to set up auto shredding centre
NEW DELHI: Mahindra Intertrade today signed a joint venture agreement with MSTC to set up the country’s first auto shredding and vehicle recycling unit. Gujarat and Maharastra have been shortlisted for setting up...
Partners Group to Acquire Systems Maintenance Services, a Leading Global Provider of IT Hardware Support Services
Partners Group, the global private markets investment manager, has agreed to acquire global IT support services provider Systems Maintenance Services (“SMS”) on behalf of its clients. SMS is being sold by...
