Elon Musk’s SpaceX is buying the startup behind the popular AI coding agent Cursor, Anysphere, for $60 billion in an all-stock deal to boost its presence in the lucrative enterprise AI tools market...
Economic Times
CNTXT AI acquires Actualize to strengthen Arabic voice AI for enterprise and government across the GCC
CNTXT AI, a UAE-based data and AI company, has announced the acquisition of Actualize, an enterprise AI company building dialect-aware Arabic voice agents for the GCC, powered by realistic Arabic speech models. The...
CCI approves Kedaara Capital’s Rs 750 crore stake purchase proposal in Axis Finance
The Competition Commission of India on Tuesday approved private equity firm Kedaara Capital’s proposal to acquire a stake in Axis Finance for Rs 750 crore. Axis Finance Limited (AFL) is a non-banking financial...
Struggling Pizza Hut restaurant chain will be sold for $2.7 billion
The struggling Pizza Hut restaurant chain will be sold for $2.7 billion by parent company Yum Brands. Yum Brands said in February that it was considering selling Pizza Hut and the chain looked to close 250 U.S...
Salesforce to buy AI agent platform Fin for about $3.6 billion
Salesforce said on Monday it had acquired autonomous AI agent platform Fin for about $3.6 billion. The deal strengthens Salesforce’s Agentforce platform, as technology firms compete to roll out usage-based...
Govt to sell up to 5% stake in insurer GIC via OFS
The Indian government plans to sell up to a 5% stake in General Insurance Corporation (GIC) via an offer for sale (OFS), the state-run insurer said on Monday. Here are more details: * The OFS includes a base offer of...
JSW Energy acquires MCCPL to strengthen thermal portfolio
JSW Energy Limited has signed a definitive agreement with Kolahai Infotech Private Limited and SFI Parcel Services Private Limited to acquire 100% equity shares of Maruti Clean Coal & Power Limited (MCCPL), making...
Meesho to buy Kirana Club for Rs 202 crore, eyes deeper retail play
Meesho will acquire business-to-business (B2B) grocery marketplace Kirana Club for Rs 202 crore in cash, marking the ecommerce company’s push into the kirana and small retailer network beyond its core consumer...
Warburg Pincus to acquire Japan’s J.S.B. in over $1 billion deal, source says
U.S. private equity firm Warburg Pincus is set to launch a tender offer to acquire Japanese student housing provider J.S.B. for over $1 billion, a person with knowledge of the matter said on Friday. The Nikkei first...
Warner music acquires Sureel AI: How AI music attribution is transforming the industry
Warner Music Group’s decision to acquire Sureel AI is a strong signal of where the music industry is quietly heading in the age of generative AI. Instead of simply reacting to AI tools after they disrupt the system...
Cupid Breweries to acquire United Spirits’ alcobev unit in Odisha for Rs 22.5 crore
Cupid Breweries and Distilleries has announced it will acquire an operational alcoholic beverage manufacturing unit from Diageo-controlled United Spirits Ltd (USL) in Odisha for Rs 22.5 crore as part of its expansion...
Japan’s Chubu Electric set to buy $150 million stake in Continuum Green
Japan’s leading integrated power utility, Chubu Electric Power, is set to acquire a minority stake in renewable energy platform Continuum Green Energy for about $150 million (₹1,430 cr), according to sources...
