Times Square-headquartered multinational tech company Vertex Group has expanded its presence in India’s BPM sector with its second acquisition of the year, a digital CX business currently valued at $4 million. The...
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UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuation
Upskilling platform UpGrad is set to acquire Unacademy in an all-stock deal after many months of negotiations, valuing the Bengaluru-based edtech at 2,055 crore ($218 million), said people with knowledge of the. The...
Zappfresh in talks for majority stake in GM Foods
Direct-to-consumer fresh meat, seafood and snacks delivery company Zappfresh, owned by DSM Fresh Foods, is in talks to acquire a majority stake in Sonipat-based GM Foods in Haryana, which makes ready-cook breakfast...
CCI rejects AGI Greenpac plea on INSCO green channel nod for HNG deal
Fair trade regulator CCI, for the second time, rejected a plea filed by AGI Greenpac Ltd challenging the green channel approval granted to the Independent Sugar Corporation Ltd for the acquisition of Hindusthan National...
Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortium
A consortium led by steel magnate Lakshmi N Mittal’s family and including Serum Institute of India CEO Adar Poonawalla has signed a definitive agreement to acquire Indian Premier League (IPL) team Rajasthan Royals...
Federal Bank to acquire 4.5 lakh Standard Chartered card portfolio
Federal Bank will acquire a select India credit card portfolio from Standard Chartered Bank of about 450,000 cards, the bank said in a statement. Both banks will sign an agreement for the deal, the bank said in a...
Times Music acquires Catrack Entertainment, doubles down on Punjabi catalogue strategy
Times Music, owned by The Times Group, has acquired Catrack Entertainment, marking its third catalogue buy and deepening its bet on regional music IP through its partnership with Primary Wave Music. The acquisition...
Inorbit malls to acquire Prozone Group malls in Chhatrapati Sambhaji Nagar, Coimbatore
Inorbit malls, a subsidiary of K Raheja Corp, has agreed to acquire two malls of the Prozone group in Chhatrapati Sambhaji Nagar (Aurangabad) and Coimbatore for around Rs 1,300 crore. The acquisition will add close to 1...
Reliance Retail acquires Anomaly, expands beauty portfolio globally
Reliance Retail Limited (RRL) announced on Thursday the acquisition of Priyanka Chopra Jonas’s brand Anomaly Haircare, including its trademarks, brand assets, and digital properties for an undisclosed amount. With this...
Coforge closes acquisition of Cigniti after NCLT clearance
Mid-tier IT services company Coforge on Friday said it has completed the acquisition of Hyderabad-based Cigniti Technologies, following shareholder approval and final clearance from the National Company Law Tribunal...
Govt reviews divestment plans, IDBI Bank stake sale
The government on Monday reviewed its disinvestment strategy, including the IDBI Bank strategic sale, as stock market volatility in the aftermath of the West Asia war has cast a shadow over its sell-off bid, a person...
JAL Case: NCLAT reserves ruling on Vedanta plea
The National Company Law Appellate Tribunal (NCLAT) on Wednesday reserved its order on Vedanta’s two petitions challenging the selection of Adani Enterprises bid to acquire debt-ridden Jaiprakash Associates Ltd...
