Deal

The India-UK Vision 2035 prepares the two countries for a 'BRISK' partnership based on Business, Research, Innovation, Science & technology, and Knowledge, the Indian government said in a statement.

SMBC stake deal likely to conclude by September, says Yes Bank CEO Prashant Kumar

SMBC has filed with both the Reserve Bank and the Competition Commission for regulatory approvals

India-EU trade talks include green hydrogen export through ports of Rotterdam and Antwerp

Prime Minister Narendra Modi on June 16 reiterated India’s commitment to finalising the long-awaited FTA with the EU by the end of 2025

Tamannaah Bhatia becomes brand ambassador of iconic Mysore Sandal Soap, signs Rs 6.2 crore deal

State-run Karnataka Soaps and Detergents Ltd (KSDL) signs Bollywood actor Tamannaah Bhatia as brand ambassador for two years as part of its strategy to expand beyond southern markets.

India-UK FTA: India reserves the right to retaliate if UK introduces CBAM, say govt sources

CBAM won’t restrict market access to Indian industries. Besides, some mechanism of being taxed in India before the goods are exported to the UK could also be considered to avoid CBAM, a government official said.

Coforge signs 13-year product delivery, AI solutions deal worth $1.56 billion with US-based Sabre Tech

Coforge CEO Sudhir Singh said both Sabre and the Noida-based IT firm share a similar DNA as technology firms with a strong focus on cutting-edge engineering solutions.

Developer Runwal acquires 4 acre land parcel in Kanjurmarg for Rs 232 cr

Runwal said that the land parcel will be used for a residential and commercial project.

Infosys to provide IT services to Ikea in $100 million deal: Report

Infosys will provide enterprise service management based on ServiceNow, IT services management, and a service desk for 170,000 workers and 260,000 devices in 19 languages during the course of the five-year deal, the report said.

Indian Biogas Association joins hands with HAI to promote hydrogen

New Delhi, Apr 21 Indian Biogas Association (IBA) has partnered with Hydrogen Association of India (HAI) to promote bio-based energy solutions with ..

L&T, CPP investments, sell entire stake in L&T IDPL to Edelweiss Alternatives-backed platform

Epic Concesiones Pvt Ltd buys out entire stake in L&T Infrastructure Development Projects Limited at an enterprise value of Rs 6,000 crore

Bagmane leases 2.23 lakh sq ft in Bengaluru for Rs 1.4 crore monthly rent

The lease tenure is five years and the rental period starts from January 1, 2024.

Accenture inks digital transformation deal with textile maker Indo Count

The IT services company will design, develop, and deploy a digital core using SAP S/4HANA Cloud.

Advent International exploring strategic options for Manjushree Technopak; eyeing up to $1bn valuation

In October 2018, Advent invested in market leader Manjushree Technopack in partnership with the founding Kedia family. As part of the transaction, Advent purchased all the shares owned by investor Kedaara Capital and a portion of the Kedia family’s stake

Glencore beats JSW Steel to buy 77% of Canadian co Teck's coal business for $6.9 billion

Last month, the Sajjan Jindal-led steel giant confirmed it that has not changed its plans for a potential stake buy in Teck's unit. According to reports, JSW was planning to pick 20 per cent to 40 per cent- stake in EVR.

JSW Steel confirms deal talks with Teck Resources unchanged amid India-Canada diplomatic row

The Sajjan Jindal-led steel giant had earlier said that it was considering buying a 20-40 percent stake in the Teck Resources unit.

Bill Ackman Interested in a Deal to Take Elon Musk’s X Public

“I have a lot of respect for Musk,” Ackman said in the television interview. “I think Twitter is a really important platform. He’s made tremendous improvements to the platform and I think it’s a unique, very difficult to disrupt kind of asset and one that could grow into different lines of business.”

TCS wins $1bn deal from Jaguar Land Rover

JLR is a wholly-owned subsidiary of Tata Motors, in which Tata Sons is the largest shareholder.

Blackstone along with LPs submits non-binding bid to acquire control in Cipla

The private equity behemoth has a war chest of $11 billion to target companies for deals in Asia and in January 2022, closed a second Asian-focused private equity fund

K Raheja Corp, Cinevista to develop luxury homes project on 3.91 acres near Kurla

The value of the development agreement is Rs 272 crore for K Raheja Corp and Rs 78.35 crore for Cinevista.

Lodha sells two luxury apartments in Mumbai for Rs 109 crore

This is the latest in a series of big-ticket deals by the developer

Fed throws a surprise, Axis Bank block deal & more | Market Minutes

In this episode of Market Minutes, Shailaja Mohapatra talks about Federal Reserve pausing rate hike in its recent meeting but hinting at hikes in future. How are markets reacting to this? Also, find out about the Axis Bank block deal likely to happen today. And, catch Jimeet Modi of Samco Securities, in Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, keys data points and developing trends. (With inputs from news agencies)

ZestMoney eyes new funding round from existing investors as part of revival plan

In April, PhonePe extended another credit line to ZestMoney.

ZestMoney founders call it quits 2 months after PhonePe deal falls through

Chapman was the Chief Executive Officer, Sharma served as the firm’s Chief Operating Officer and Anantharaman was the the Chief Technology Officer.

Prestige Acre buys land in Bengaluru for around Rs 187 crore

The Prestige Group company has aggregated land parcels spread across 56.29 acres for Rs 187.50 crore. All properties are located at Jigani and Rajapura villages, Jigani Hobli, Anekal Taluk, Bengaluru.

Why IPCA-Unichem is not such a bad deal

While the Unichem acquisition seems expensive at first glance, a closer look shows Ipca can benefit if it sweats the acquired assets