The Competition Commission of India (CCI) has sent nearly 100 queries to Reliance Industries and Walt Disney regarding their $8.5 billion merger of Indian media assets, Reuters reported on Monday quoting two anonymous...
Amazon in talks with Swiggy for buying Instamart business
E-commerce giant Amazon has approached Swiggy and shown interest in the company’s quick commerce business Instamart, says a report in the Economic Times, citing 3 sources aware of the matter. However, there is no...
Australia’s Woodside Energy to buy US LNG developer Tellurian for $1.2 bln
Australia’s Woodside Energy on Monday said it has entered a definitive agreement to acquire U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast Driftwood LNG project, for a total value of...
For JSW Infrastructure, acquisitions and expansion are the key growth drivers
Shares of JSW Infrastructure Ltd dropped about 6% in early trade on Friday, even as the company reported a solid 24% year-on-year Ebitda growth. Investors appear worried about the decline in net profit primarily due to...
IDBI Bank’s stake sale: Progress at last
The Reserve Bank of India has reportedly certified bidders for IDBI Bank as “fit and proper”, paving the way for the government to sell a big equity stake in the bank. RBI’s fitness and propriety norms are meant...
Gautam Adani and Torrent to buy majority stake in IPL team Gujarat Titans
Adani Group and Torrent Group are in discussions with private equity firm CVC Capital Partners to buy a controlling stake in the Gujarat Titans, an Indian Premier League (IPL) team. According to a report by the Economic...
Zensar Technologies acquires BridgeView Life Sciences in $25 million deal, eyes more acquisitions
Zensar Technologies Ltd is set to acquire BridgeView Life Sciences, an American information technology (IT) and operations services firm, in an all-cash deal valued at $14 million, the company said on Wednesday. An...
NCLT admits insolvency plea against Byju’s. Here’s what it means for the edtech platform
Byju’s, once India’s most celebrated startup, has been grappling with an escalating financial crisis, facing mounting legal battles with creditors amid a severe cash crunch. On 16 July, the National Company Law...
Byju’s creditor Surfer Technologies settles insolvency case with edtech firm
Gurugram-based Surfer Technologies told the Bengaluru bench of the National Company Law Tribunal (NCLT) on Wednesday that it has reached an amicable settlement with Byju’s and hinted that it would withdraw its...
Google parent in talks to buy cybersecurity startup Wiz for $23 billion
Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant’s...
Honeywell to buy Air Products’ LNG unit for $1.81 bln as deal-making spree continues
Honeywell said on Wednesday it would buy Air Products’ liquefied natural-gas process technology and equipment business for $1.81 billion in cash, marking the industrial giant’s fourth acquisition this year...
Glenmark Pharma to offload 7.84% stake in Glenmark Life Science through OFS
Glenmark Pharma board has approved the sale of a 7.84 per cent stake, which is equivalent to 96,09,571 equity shares, in Glenmark Life Sciences, the company said in an exchange filing on June 10. The stake will be sold...
