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IT FIRMS ACQUISITIONS
20,000-plus people shift as IT firms buy GCC, captive tech carve-outsTCS’s takeover of Best Buy’s India GCC under a multiyear deal is the latest example, while HCLTech’s $10.5-million acquisition of Guardian ...06 Oct, 2026, 06.00 AM IST- Wall Street’s $10 billion India hospital bet sparks a fight over billsWall Street has poured about $10 billion into Indian hospital chains over the past five years, with investors including Blackstone, KKR, TP...05 Oct, 2026, 11.00 AM IST
- Hindalco calls off AluChem acquisition amid prolonged closing delaysHindalco Industries Ltd has decided to terminate its USD 125 million acquisition of AluChem Companies Inc. The cancellation follows extende...02 Oct, 2026, 01.54 PM IST
- In 1996, Tim Draper bought Hotmail shares for $300,000. 2 years later, Microsoft acquired the startup for $400 millionMicrosoft announced the Hotmail acquisition on December 31, 1997. It did not reveal how much it paid for the company. A later securities fi...01 Oct, 2026, 09.15 PM IST
- Moneyview closes 67% above IPO price, boosts paper gains for Ribbit, AccelMoneyview’s Rs 1,092-crore IPO comprised a fresh issue of Rs 750 crore and an OFS of about Rs 342 crore. The issue was subscribed 98.46 tim...01 Oct, 2026, 07.02 PM IST
- Sequoia put $60 million into WhatsApp before its boom. Years later, Facebook agreed to buy the messaging app for $19 billionSequoia Capital invested approximately $60 million in WhatsApp through multiple funding rounds. Facebook later acquired WhatsApp for $19 bi...01 Oct, 2026, 06.53 PM IST
- AI pressure, client caution cloud Indian IT earnings in September quarterIndia's top IT firms are bracing for underwhelming earnings as they revise annual revenue growth expectations downward. The duel of AI-indu...01 Oct, 2026, 10.12 AM IST
- Actis launches fourth India renewable platform Leo Energies, targets 3 GW-plus portfolioActis has launched Leo Energies as its fourth renewable energy platform, targeting over 3 GW of capacity. The company plans to acquire abou...30 Sep, 2026, 02.11 PM IST
- Oman plans to boost oil storage capacityOman is planning to double its oil storage capabilities at Duqm port. This initiative aims to attract energy producers looking for alternat...30 Sep, 2026, 03.42 AM IST
- SC upholds HC order, clarifies scope of Fortis forensic auditThe Supreme Court maintained the Delhi HC's directive for a forensic audit of certain banking transactions. This audit specifically concern...30 Sep, 2026, 01.18 AM IST
- Advent International seeks CCI green channel clearances for Yatharth Hospital stake buyAdvent International's Rasmalai Limited has sought Competition Comission of India's (CCI) approval to acquire a stake in Yatharth Hospitals...29 Sep, 2026, 10.07 PM IST
- Competition Commission okays BNP Paribas-IndiaFirst Life Insurance dealCompetition Commission of India approved BNP Paribas Cardif's proposal to acquire a 26% stake in IndiaFirst Life Insurance Company Ltd. The...29 Sep, 2026, 09.15 PM IST
- KKR to acquire Cisternina Logistics, plans to build pan-India liquid storage and logistics platformKKR has announced a majority investment in Cisternina Logistics, which focuses on bulk liquid and gas storage. This investment will facilit...29 Sep, 2026, 08.56 PM IST
- A $375 million ground lease transformed Washington's Old Post Office into a Waldorf Astoria; 2 years after acquisition, foreclosure ended the investor's control of the propertyA $375 million transaction changed the identity of Washington, D.C.’s Old Post Office building, moving the property from the Trump Internat...29 Sep, 2026, 07.33 PM IST
- Sun Pharma plans $1 billion local debt sale for loan takeout, sources saySun Pharma is planning to raise about Rs 10,000 crore through rupee-denominated bonds to partly refinance a bridge loan used for its Organo...29 Sep, 2026, 03.33 PM IST
- SUJÁN acquires Chiawa Camp and Old Mondoro, expanding its conservation-led safari portfolio into AfricaSUJÁN has acquired Zambia’s Chiawa Camp and Old Mondoro, marking the conservation-led luxury hospitality company’s first major internationa...28 Sep, 2026, 03.29 PM IST
- Kevin Durant started with a $100,000 investment in this AI startup eight years ago; Nvidia’s $12.9 billion deal could make his stake worth $60 millionKevin Durant placed a $250,000 investment in Hugging Face during its inaugural funding phase, setting the stage for impressive returns. As ...27 Sep, 2026, 11.18 AM IST
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