MediaKind said it has entered into an agreement to acquire the Video Business of Harmonic Inc. for about $145 million, a move that will create one of the largest independent SaaS streaming-infrastructure providers...
Indian Link Chain Manufacturers to acquire majority stake in RRP Electronics
Indian Link Chain Manufacturers Ltd is acquiring a majority stake in RRP Electronics, which will help the company enter semiconductor, medical devices and other high-technology sectors, a statement said on Friday. The...
Tata Steel announces growth plan for India, confirms Thriveni stake buy
Tata Steel announced the next phase of growth for its business in India on Wednesday. This includes expanding capacity at Neelachal Ispat Nigam, setting up rolling facilities at its plant in Meramandali, buying a 50.01%...
Fairfax emerges as frontrunner to acquire government-LIC stake in IDBI Bank
Toronto-based Fairfax Financial is leading the race to acquire a controlling stake in IDBI Bank from the Centre and Life Insurance Corp of India (LIC) ahead of a December-end deadline for submission of financial bids...
Honasa Consumer acquires personal care brand Reginald Men
Honasa Consumer, the parent company of beauty and personal care firm Mamaearth, has entered the men’s grooming segment with the acquisition of the brand Reginald Men. The Gurugram-based company initially acquired a 95%...
Chalet Hotels acquires resort property in Udaipur for ₹171 crore
Chalet Hotels announced the proposed acquisition of a company owning a resort property in Udaipur, Rajasthan, with around 150 rooms, on Thursday. The company said the acquisition is at a proposed consideration of ₹171...
Jhunjhunwala family, Madhu Kela queue up to pick ICICI Prudential AMC stake ahead of IPO
A clutch of 26 marquee investors, including the likes of the billionaire Jhunjhunwala family, Madhusudhan Kela, Manish Chokhani, and Prashant Jain, have picked up a stake in ICICI Prudential Asset Management...
Virtusa acquires Bengaluru based SmartSoC Solutions
Product and platform engineering services company Virtusa on Wednesday announced the acquisition of Bengaluru-based SmartSoC Solutions, a semiconductor engineering and integrated circuit design services company. It did...
TCS to acquire Coastal Cloud for $700 million in all-cash deal
IT major Tata Consultancy Services (TCS) has announced that it will acquire a 100% stake in Coastal Cloud for an all-cash consideration of $700 million (nearly Rs 6,286 crore). This marks the largest acquisition by the...
Tata Steel to acquire majority stake in Thriveni Pellets to boost raw material supply chain
Tata Steel is set to acquire a 50.01% stake in Odisha-based miner Thriveni Pellets, multiple people aware of the development said, without disclosing financial and other details. The proposed deal with Thriveni group...
United Hospitality Management expands into India with acquisition of Rosastays
Luxury and mixed use hospitality management firm United Hospitality Management (UHM) said it has officially entered the Indian market, through the acquisition of boutique hospitality brand Rosastays. The company’s India...
Abu Dhabi’s IHC gets CCI nod to acquire stake in Sammaan Capital
Fair trade regulator CCI on Tuesday cleared Abu Dhabi-based International Holding Company’s proposal to acquire stakes in Sammaan Capital. International Holding Company (IHC), through its affiliate Avenir...
