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L&T makes $1.56-bn hostile bid to take control of Mindtree

TMT

18 March, 2019

L&T makes $1.56-bn hostile bid to take control of Mindtree

Larsen & Toubro Ltd has agreed to acquire Cafe Coffee Day founder VG Siddhartha's stake in Mindtree Ltd and made ......

Jungle Ventures, Illuminate Financial lead investment in regulatory-tech startup Tookitaki

TMT

18 March, 2019

Jungle Ventures, Illuminate Financial lead investment in regulatory-tech startup Tookitaki

Tookitaki, a regulatory technology company which helps financial institutions develop sustainable compliance programs, has raised...

Gaming firms Nazara, Delta back fantasy sports startup HalaPlay

TMT

18 March, 2019

Gaming firms Nazara, Delta back fantasy sports startup HalaPlay

Mumbai-based fantasy sports startup HalaPlay Technologies Pvt. Ltd said it has raised Rs 40 crore ($5 million at current exchange...

Miniratna MSTC yet to find institutional backers after IPO extension, price cut

TMT

18 March, 2019

Miniratna MSTC yet to find institutional backers after IPO extension, price cut

Government-run trading and e-auction services firm MSTC Ltd is struggling to find takers among institutional investors despite...

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Finance

18 March, 2019

RCom calls off asset sale to Reliance Jio, settles dues with Ericsson

Swedish telecom equipment maker Ericsson has received 4.62 billion rupees ($67.42 million) from Indian telecoms firm Reliance...

US fintech firm FIS to buy Worldpay for $35 bn in payments sector's biggest deal

TMT

18 March, 2019

US fintech firm FIS to buy Worldpay for $35 bn in payments sector's biggest deal

US fintech group Fidelity National Information Services Inc (FIS) has agreed to buy payment processor Worldpay for about $35 billion,...

Omnivore, AgFunder invest in agri-tech startup DeHaat

TMT

18 March, 2019

Omnivore, AgFunder invest in agri-tech startup DeHaat

Gurugram-based online marketplace for farm products and services DeHaat has raised $4 million (Rs 27.5 crore as per current exchange...

Travel portal Yatra to consider Ebix's buyout offer

TMT

15 March, 2019

Travel portal Yatra to consider Ebix's buyout offer

Nasdaq-listed Yatra Online Inc. said it will consider Ebix Inc.'s proposal to acquire the online travel company. In a stock-exchange...

State-run MSTC extends IPO, cuts price band

TMT

15 March, 2019

State-run MSTC extends IPO, cuts price band

The initial public offering (IPO) of state-run e-commerce services firm MSTC Ltd managed to sail through on the third and ......

Acko, BlackBuck lead VC funding in tech startups

TMT

15 March, 2019

Acko, BlackBuck lead VC funding in tech startups

Mid-stage deals dominated a busy week for venture capital activity in tech startups as digital insurance firm Acko raised $65 ......

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