Apple on Thursday said it has acquired Q.ai, an Israeli startup working on artificial intelligence technology for audio. Apple did not disclose terms of the deal for Q.ai, which was backed by venture capital firms...
SpaceX, xAI in talks over merger ahead of potential IPO
Elon Musk’s SpaceX and artificial intelligence startup xAI are in discussions over a potential merger ahead of a planned public offering later this year, Reuters reported citing a person familiar with the matter and two...
Coforge sweetens India’s largest IT deal after shareholder pushback
Coforge Ltd’s public shareholders rejected the firm’s decision to give private equity giant Advent International the right to nominate members on the board’s audit, nomination, and remuneration panels, forcing the Noida...
ONGC to offload stake in petchem arm OPal, eyes global investors
State-run Oil and Natural Gas Corp. plans to come up with a global tender for selling stake in its petrochemical subsidiary, according to a top executive. ONGC Petro additions (OPaL) has “become our subsidiary, and we...
US Carlyle Group agrees to buy Lukoil’s global assets after sanctions pressure
U.S. private equity firm Carlyle Group has agreed to an initial deal to buy most of Lukoil’s foreign assets, which Russia’s second-largest oil company is being forced to sell because of U.S. sanctions. The...
Bertelsmann’s BMG weighs possible acquisition of Concord, Bloomberg News reports
German media group Bertelsmann’s BMG Rights Management is considering a cash-and-stock offer for music company Concord in a deal that could be valued as high as $7 billion, Bloomberg News reported on Thursday...
Chinalco, Rio Tinto buy control of Brazilian aluminium firm CBA for $904 million
Aluminium Corporation of China (Chinalco) and Rio Tinto agreed to acquire a controlling stake in Companhia Brasileira de Aluminio for 4.69 billion reais ($903.61 million), the firms said on Thursday. Together, the...
Russia sells Moscow’s nationalised Domodedovo airport to Sheremetyevo subsidiary
Russia has sold one of the country’s largest and most modern airports, Moscow’s Domodedovo, to a subsidiary of another Moscow airport, Sheremetyevo, for 66 billion roubles ($869 million), a Russian state...
US shale producers Coterra, Devon in advanced talks to merge, source says
U.S. shale producers Coterra Energy and Devon Energy could announce an agreement to merge as soon as next week, a source familiar with the matter said on Thursday. A possible combination would rank among the largest...
Reliance, Capri Global to acquire Mumbai’s SevenHills Hospital
Reliance Industries, in partnership with Capri Global Holdings, is set to acquire Mumbai’s 1,500-bed Sevenhills Hospital following a corporate insolvency resolution plan, ending an eight-year impasse. Jupiter Lifeline...
TVS Supply Chain arm acquires Swamy and Sons 3PL for Rs 88 crore
FIT 3PL Warehousing Pvt Ltd, a wholly owned subsidiary of TVS Supply Chain Solutions Ltd, has acquired Hyderabad-based Swamy and Sons 3PL for Rs 88 crore to strengthen its presence in the FMCG supply logistics segment...
AGI Greenpac approves acquisition of 19.75% stake in Madoverbuilding AI
The board of AGI Greenpac at its meeting held on 28 January 2026 has approved the acquisition of 19.75% instead of 25% of the paid-up share capital of Madoverbuilding AI. MOB AI is in the business of building E-commerce...
