Nasdaq-listed Cognizant Technology Solutions Corp. on Tuesday said it has entered into an agreement to acquire US-based New Signature, one of the largest independent Microsoft public cloud transformation specialists...
Tencent-backed Niyo acquires wealth management startup Goalwise
Digital banking fintech startup Niyo Solutions Inc, backed by Tencent Holdings, has acquired mutual funds investment platform Goalwise, in a cash-and-stock deal for an undisclosed amount, as it looks to expand its...
Jet Airways gets bids from two entities
Jet Airways (India) Ltd has received resolution plans from two of the four potential bidders that were shortlisted to revive the bankrupt airline, a person with direct knowledge of the matter said. A bid was received...
Flipkart buys Walmart India’s wholesale biz
Flipkart has acquired the Indian operations of Walmart Inc. as its US parent consolidates its operations in this fast-growing retail market to compete with Reliance Industries Ltd and Amazon, among others. Flipkart will...
Google to approach CCI for approval on ₹33,737-cr deal with Jio Platforms
Tech giant Google will approach the Competition Commission of India (CCI) to seek approval for its ₹33,737 crore investment in Jio Platforms for a 7.73 per cent stake, according to sources. Google plans to approach the...
Societe Generale buys 1.47 lakh Shriram Transport Rights Entitlement shares
French bank Societe Generale has bought 1,47,407 Rights Entitlement shares of Shriram Transport Finance Co Ltd on Wednesday. These shares were bought by Societe Generale at ₹102.04 per share, as per bulk deals data...
SpiceJet acqui-hires ixigo’s airline tech arm
Low-cost airline and air cargo operator SpiceJet has aqui-hired Bengaluru-based airline technology firm Travenues, owned by online travel aggregator ixigo. As part of the deal, SpiceJet will hold the licence for...
IHCL inks pact to acquire balance 14.28% stake in ELEL
Hospitality major Indian Hotels Company on Tuesday said it has inked pact to acquire the remaining 14.28% stake in ELEL Hotels and Investment from the Nanda family. The deal will make the company a 100% leasehold owner...
Bijnis raises $10 mn in Series A led by Sequoia, Matrix Partners India
Bijnis, a business-to-business marketplace for unorganised retail segment on Tuesday raised $10 mn in Series A, co-led by Matrix Partners India and Sequoia Capital India, along with existing investors InfoEdge and...
Arvind Lifestyle receives ₹260 crore from Flipkart for stake in group firm
Arvind Fashions (AFL) on Tuesday said its subsidiary Arvind Lifestyle Brands has received ₹260 crore from Flipkart India to pick a minority stake in another group firm Arvind Youth Brands. Arvind Youth Brands is Arvind...
Infosys ties up with LANXESS for ultra-modern workplace
Bengaluru-headquartered tech firm Infosys on Monday announced a partnership with Germany- based LANXESS, a specialty chemicals company, manufacturing chemical intermediates, additives, specialty chemicals. Infosys would...
MPowered raises $21 million as part of pre-Series A funding
Gurugram-based asset management firm, MPowered has raised $21 million, as a part of its pre-series A round, from a group of US-based ultra-rich individuals with real estate veterans Ashok Nichani and Shelly Nichani...
