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M&A

HCL Tech to sell stake in UK joint venture to Boston's State Street

TMT

04 December, 2023

HCL Tech to sell stake in UK joint venture to Boston's State Street

Indian IT firm HCL Technologies Ltd said Monday it has signed an initial agreement to sell its entire stake in ......

Premium
Tencent, SIG, Omidyar, WaterBridge-backed Doubtnut goes for a song

Consumer

04 December, 2023

Tencent, SIG, Omidyar, WaterBridge-backed Doubtnut goes for a song

Doubtnut, one of several ed-tech startups that raised millions of dollars in equity capital from marquee investors when ......

L&T Finance Holdings completes merger with subsidiaries

Finance

04 December, 2023

L&T Finance Holdings completes merger with subsidiaries

India's L&T Finance Holdings has completed the merger of three of its subsidiaries - L&T Finance, L&T Infra Credit ......

Premium
Deals Digest: Funding activity slows down in November last week

Finance

01 December, 2023

Deals Digest: Funding activity slows down in November last week

Investment activity by private equity and venture capital firms slowed in the last week of November as the largest ......

Beenext, Hyundai-backed car rental startup Revv enters CarDekho garage

TMT

01 December, 2023

Beenext, Hyundai-backed car rental startup Revv enters CarDekho garage

Gurugram-based shared mobility platform Revv, run by PrimeMover Technologies Pvt. Ltd, is merging with the Jaipur-based ......

JSW, China's SAIC form new India venture for green mobility

Manufacturing

01 December, 2023

JSW, China's SAIC form new India venture for green mobility

Indian conglomerate JSW Group and China's SAIC Motor have formed a joint venture in India with a focus on green ......

UltraTech to acquire Kesoram's cement business in $645-mn deal

Manufacturing

30 November, 2023

UltraTech to acquire Kesoram's cement business in $645-mn deal

India's UltraTech Cement said on Thursday it will buy the cement business of Kesoram Industries in an all-stock deal......

KIA-owned Kuwait Investment Company exits oil and gas firm

Manufacturing

30 November, 2023

KIA-owned Kuwait Investment Company exits oil and gas firm

Sovereign wealth fund Kuwait Investment Authority (KIA)-owned Kuwait Investment Company (KIC) has exited oil and gas ......

Whirlpool to sell 24% stake in India business to reduce debt

Manufacturing

30 November, 2023

Whirlpool to sell 24% stake in India business to reduce debt

Whirlpool Corp said on Thursday it will sell up to 24% of its ownership interest in Whirlpool of India Ltd ......

BP to take full control of Eversource co-sponsor Lightsource BP

Infrastructure

30 November, 2023

BP to take full control of Eversource co-sponsor Lightsource BP

British oil giant BP has agreed to acquire the 50.03% stake it doesn't already own in Lightsource BP, a solar ......

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