MUMBAI: India’s largest utility vehicle maker Mahindra & Mahindra has tied-up with online shopping major Flipkart, CarNbike.com, an automotive micro-site and M2all, its in-house online portal to sell its...
Walmart plans tie-ups with online retailers
American retail major Walmart is learnt to be exploring ways to tie up with leading e-commerce companies in India, including Flipkart, Snapdeal, ShopClues, Grofers and Bigbasket, to tap the growing online retail...
Airtel to sell 2 African operations to Orange
French telecom major Orange has signed a deal with Bharti Airtel International (Netherlands) BV for acquiring its operations in two African countries, Burkina Faso and Sierra Leone. The companies did not reveal the size...
Birla Corp among top contenders to buy Reliance Infrastructure’s cement business
NEW DELHI: Reliance Infrastructure is in advanced stage of negotiations to sell its cement business in an about Rs 5,000-crore deal and M P Birla Group firm Birla Corporation is one of top three potential buyers...
Rockefeller’s money manager to sell tech platform to Fi-Tek: sources
Lamar Advertising Co (LAMR.O) is in advanced talks to buy billboard assets in five U.S. cities from Clear Channel Outdoor Holdings Inc (CCO.N) worth roughly $450 million, according to people familiar with the matter...
China’s Record M&A Boom in Korea Furthers Xi’s New Economy Dream
Companies in China are buying their South Korean counterparts at a record pace, tapping into one of the world’s most innovative countries to accelerate President Xi Jinping’s push for an economy led by technology...
Foursquare near funding round that values it at $250 million
Foursquare, which makes apps that let users find restaurants and stores and “check” into them, is discussing a funding round that would set its value at $250 million, less than half its worth two years ago...
Grocery delivery app PepperTap acquires Jiffstore
Online grocery delivery major PepperTap hopes to raise around $11 million (Rs 73 crore) by January-end, the company said on Monday. PepperTap has raised $4 million (Rs 26.5 crore) in venture debt from Innoven Capital...
Mahindra & Mahindra unveils micro SUV KUV100; to take on Grand i10 & Maruti Swift
NEW DELHI: Betting big on the hatchback crossover (or micro SUV) space, Mahindra & Mahindra on Friday unveiled the official rendering of the KUV100. Bookings for KUV100 or the S101 (as it is codenamed) will open at...
Julius Baer Agrees to Buy Commerzbank’s Luxembourg Unit
The number of agricultural deals has accelerated to a record this year as companies including Noble Group Ltd. and Glencore Plc seek to divest stakes in assets and buyers look beyond plunging prices to secure long-term...
GM might sell Halol unit to China’s SAIC
After US car major General Motors’ Indian subsidiary decided to shut down its Halol manufacturing site in Gujarat by 2016, it had indicated that the company might look for buyers for its manufacturing site...
Yahoo reverses course on plan to spin off Alibaba stake
Yahoo Inc (YHOO.O) shelved plans to spin off its stake in Chinese e-commerce giant Alibaba Group Holding Ltd (BABA.N) on Wednesday, under pressure from activist investors worried about billions of dollars in taxes, and...