Hinduja Group-owned NxtDigital rallied as much as 6 per cent during the early trade on Wednesday after the company board approved the merger of Hinduja Leyland Finance (HLFL) with itself. The board approved the merger...
Mike Novogratz’s Galaxy Digital terminates $1.2-bn acquisition of BitGo
Financial services and investment management firm Galaxy Digital on Monday announced it has terminated the $1.2 billion acquisition of digital asset trust company BitGo as it failed to provide audited financial...
Nykaa buys digital lifestyle platform Little Black Book
Online fashion retailer Nykaa has agreed to acquire digital lifestyle guide Little Black Book for an undisclosed sum. Nykaa, run by FSN E-commerce Ventures Ltd, will acquire the content-led shopping platform in an all...
Cipla buys additional stake in digital health company GoApptiv
Drugmaker Cipla said that it has agreed to acquire an additional stake in digital tech company GoApptiv for Rs 25.90 crore. Post completion of the deal, Cipla’s total stake in GoApptiv will increase to 22.02% on a fully...
Lenovo buys $614 million stake in PCCW digital units for IT services growth
Chinese personal computers maker Lenovo Group is acquiring stakes worth $614 million in two digital units of Hong Kong telecoms firm PCCW Ltd, betting that a post-Covid recovery and hybrid work model will drive IT...
HDFC ties up with Accenture to digitally transform lending biz
Housing mortgage financier HDFC Ltd, has collaborated with Accenture to digitally transform its lending business. The collaboration, which is powered by cloud-native applications, machine learning, automation and...
DigitalBridge buys data center company Switch for $11 billion
DigitalBridge Group Inc has agreed to buy data center operator Switch Inc for $11 billion, including debt, marking the latest deal in the digital asset sector that has attracted large private equity firms and...
HCL Tech to buy digital banking, wealth management specialist Confinale
HCL Technologies UK, a wholly-owned subsidiary of HCL Technologies (HCL), has signed a definitive agreement for the acquisition of Confinale AG, a Switzerland-based digital banking and wealth management consulting...
Infosys completes acquisition of digital marketing firm Oddity
Infosys today announced that it has completed the acquisition of Germany-based digital marketing agency Oddity. This follows the announcement the company made last month. The acquisition further strengthens Infosys’...
PNB buys 6% stake in public digital e-commerce platform
Govt-owned Punjab National Bank (PNB) has acquired about 6% stake in the first-of-its-kind open network, Open Network for Digital Commerce (ONDC) for an aggregate amount of ₹10 crore. PNB received board of directors...
Digital parenting platform BabyChakra plans to broaden user base, acquires Tinystep
Digital parenting platform BabyChakra, part of direct-to-consumer (D2C) beauty brand The Good Glamm Group, has acquired regional parenting platform Tinystep for an undisclosed sum. Tinystep will merge its social assets...
Infosys to acquire German digital marketing firm Oddity for Euro 50 mn
Infosys announced the acquisition of oddity, a Germany-based digital marketing, experience, and commerce agency for a consideration of Euro 50 million, including earn-outs, management incentives and bonuses. The move...