Tata Electronics has acquired the Indian unit of Chinese iPhone supplier Justech Precision for about $100 million, CNBC reported, citing people familiar with the development. The acquisition coincides with Tata...
Dating app Grindr explores go-private deal: Report
Insiders at dating app Grindr are discussing taking it private after a share slump put its top owners in a tight personal financial position, Semafor reported on Monday, citing people familiar with the matter. Grindr...
Warburg Pincus to buy Germany’s PSI for over $813 million
Private equity firm Warburg Pincus plans to buy German software firm PSI Software for more than 700 million euros ($813.26 million), the companies said on Monday. Reuters first reported on both a nearing takeover of PSI...
Natco Pharma to acquire significant stake in S African firm Adcock Ingram
India’s Natco Pharma will acquire significant stakes in 135-year-old South African pharmaceutical giant Adcock Ingram. The R 4.2-billion deal will see Adcock Ingram becoming a privately-held entity co-owned by...
Sam Altman-backed college startup Campus acquires Sizzle AI
Sam Altman-backed college startup Campus has roped in Meta’s former artificial intelligence (AI) vice president Jerome Pesenti as its technology head, the company announced Friday. The deal marks Campus buying Pesenti’s...
China says Qualcomm admitted to acquiring Autotalks without informing regulator
US semiconductor manufacturer Qualcomm admitted that it had not informed Chinese authorities when it completed its acquisition of Israel’s Autotalks in June, China’s market regulator said on Sunday. The...
NCLT extends Punj Lloyd’s liquidation by 6 months
The insolvency tribunal NCLT has extended the deadline to complete the liquidation process of engineering and construction firm Punj Lloyd by six months to March 12, 2026. The NCLT has granted an extension after...
TCS acquires US-based ListEngage for $72.8 million
IT major Tata Consultancy Services (TCS) announced its acquisition of US-based ListEngage during its second quarter earnings call on Thursday. The acquisition was approved by the board at its meeting today and will be...
Prosus buys 10% stake in Ixigo parent for Rs 1,295 crore; travel site to use funds for expansion
The board of Le Travenues Technology, the parent of online travel aggregator Ixigo, has approved a primary investment of Rs 1,295 crore by Dutch investment firm Prosus (MIH Investments One B.V.) for a 10.1% stake in the...
Etailer Flipkart offloads Rs 2.4k crore investments to focus on core and IPO
Flipkart has exited stakes worth over Rs 2,408.7 crore in multiple startups and companies over the past year as the ecommerce giant sharpens its focus on its core business and prepares for a 2026 IPO. Off the books:...
Jindal Power buys Apraava Energy’s Jhajjar power plant
Naveen Jindal-owned Jindal Power Ltd (JPL) has signed an agreement to acquire the 1,350 MW Jhajjar Power Project in Haryana from Apraava Energy (formerly CLP India), marking one of the largest thermal power deals in...
Mahindra Group weighs major restructuring; may spin off tractors, PVs & trucks into separate entities
Mahindra Group is evaluating the separation of its core businesses — tractors, passenger vehicles (including EVs), and trucks — into independent entities, in what could mark the conglomerate’s most significant...
