M&A
TMT
Cyient to acquire Aussie consultant Integrated Global Partners
Listed engineering and software services company Cyient Ltd has signed a definitive agreement to fully acquire Australia-based...
Infrastructure
Adani seals deal with GVK to take control of Mumbai airport
Billionaire Gautam Adani-led Adani Group has signed a deal to acquire a controlling stake in the Mumbai airport from debt-laden...
Consumer
Reliance inks $3.4 bn deal to buy Future Group's retail, other biz
Energy-to-telecoms giant Reliance Industries Ltd has agreed to acquire Kishore Biyani-led Future Group’s retail, wholesale,...
Finance
Why RBI nixing UV ARC's plan to buy Aircel is bad news for all stressed assets
The resolution of distressed assets under the Insolvency and Bankruptcy Code (IBC) has hit a big stumbling block with the ......
Opinion
Why M&As need break fee and reverse break fee clauses more often
In the West, deal protective devices like “break fee” and “reverse break fee” are commonly used. But they are not ......
TMT
Walmart to join hands with Microsoft to bid for TikTok's US biz
Walmart Inc said it was joining Microsoft in a bid for social media company TikTok's U.S. assets, revealing its plans...
Infrastructure
GMR Infrastructure to carve out non-airport business in group restructuring
Energy and construction major GMR Infrastructure Ltd said Thursday it will demerge its non-airport businesses into another company...
TMT
Temasek-backed UST Global piles into sensory sciences with investment in Tastry
UST Global Inc., a multinational digital transformation solutions company, has invested in sensory sciences and customer experience...
TMT
Cognizant to purchase Tin Roof Software in sixth acquisition this year
Nasdaq-listed IT major Cognizant Technology Solutions Corp has entered into an agreement to acquire US-based Tin Roof Software. The...
Finance
Axis Bank cuts stake purchase in Max Life Insurance
Private-sector lender Axis Bank will buy a smaller stake than previously planned in Max Life Insurance Company Ltd in an ......