M&A
Infrastructure
Qatar Airways may seek stake in IndiGo; open to buying Air India's core assets
Qatar Airways is reviewing plans for its own domestic Indian airline due to “confusing” foreign ownership rules and...
TMT
Persistent Systems acquires US-based Herald Health
Persistent Systems Ltd has acquired US-based startup Herald Technologies Inc., which operates under the name Herald Health, at...
Finance
Ambit Finvest acquires SME lending business of Finmax Credit
Ambit Finvest Pvt. Ltd, a unit of Ambit Group, has bought the small and medium enterprises (SME) lending business of ......
TMT
Walmart's local R&D division acqui-hires micro-app startup
The local product development division of US retail giant Walmart said on Monday that it has acqui-hired Appsfly.io, a startup...
Manufacturing
Graphite India to pick up 46% stake in US-based General Graphene
Graphite electrode maker Graphite India Ltd has agreed to acquire a 46% stake in US-based General Graphene Corporation for up...
Finance
Manipal Group picks up stake in Cigna TTK to enter insurance sector
Manipal Group, which operates hospitals and educational institutions, is entering the insurance sector by picking up a stake in...
Consumer
Coca-Cola takes a big sip of coffee with $5.1 bn Costa deal
Coca-Cola Co (KO.N) has agreed to buy the world’s second largest coffee chain Costa from Britain’s Whitbread Plc (WTB.L)...
TMT
Idea Cellular completes merger with Vodafone India
India's Idea Cellular Ltd said on Friday it completed its merger with Vodafone India Ltd and Vodafone Mobile Services Ltd...
TMT
IT solutions firm ONGO Framework gets angel funding, buys Hockystick
ONGO Framework, a business-to-business IT and digital solutions provider, has acquired Hockystick Media, a digital marketing agency...
Manufacturing
Greaves Cotton to acquire Ratan Tata-backed electric vehicle maker Ampere
Engineering company Greaves Cotton Ltd has signed definitive agreements to acquire a majority stake in electric two-wheeler maker...
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