M&A
TMT
Yatra locked in arbitration over deal with Air Travel Bureau
Nasdaq-listed travel portal Yatra Online, Inc. is locked in an arbitration over a pending transaction with corporate travel services...
Consumer
New bidder selected to acquire Thunderbolt beer maker
Lenders to Mount Shivalik Industries Ltd, the maker of popular beer brand Thunderbolt, have approved an offer by a new ......
Finance
Stressed assets this week: Nirav Modi firms head to NCLT; reprieve for Sterling Biotech
There was plenty of action at the bankruptcy courts this week, with breakthroughs achieved in a couple of cases that ......
TMT
KPMG in India acqui-hires AI decision services startup Recommender Labs
KPMG in India has acqui-hired artificial intelligence (AI) decision services company Recommender Labs Pvt. Ltd, a statement by...
Infrastructure
Embassy Group set to take over Indiabulls' real estate business
Indiabulls Group has set the ball rolling to exit its real estate business and signed an agreement with Bengaluru developer ......
Finance
Sumitomo Mitsui looks for India investment targets in Asia growth push
Sumitomo Mitsui Financial Group (SMFG) aims to expand its business in Asia and is looking at the Philippines, India and ......
TMT
Software firm Cyient invests in Israeli rail cybersecurity provider Cylus
Software engineering and services provider Cyient Ltd said it has invested in Israeli rail cybersecurity firm Cylus Ltd, in line...
TMT
National Olympiad Foundation acquires ed-tech startup Edurer
Indore-based assessment firm National Olympiad Foundation has acquired Jaipur-headquartered ed-tech startup Edurer Knowledge Labs...
Manufacturing
Fiat Chrysler withdraws $35 bn merger offer for Renault
Fiat Chrysler said it has abandoned its $35 billion merger offer for Renault, blaming French politics for scuttling what would...
TMT
Wipro to buy US digital engineering firm lnternational TechneGroup
Software services company Wipro Ltd has agreed to acquire Ohio, US-based digital engineering services company lnternational TechneGroup...