Japanese conglomerate SoftBank Group Corp is in discussions to sell all of its stake in SBG Cleantech. The company is holding separate talks with Mubadala Investment Company – the sovereign wealth fund belonging to the government of A....

American investment bank and financial services firm, Goldman Sachs Group, Inc. has recently acquired a stake in online beauty and cosmetic retailer, Purplle’s two angel investors. For the uninitiated, in 2019, Goldman Sachs had&....

A consortium led by Oil India Limited and Engineers India Limited has reportedly planned to proceed with the acquisition of 48 per cent shares in Numaligarh Refinery Limited, a subsidiary of BPCL. According to Harish Madhav, the Director o....

Global IT services provider Aspire Systems has reportedly announced that it has bought a majority stake in RapidValue Solutions, a leading provider of digital product engineering solutions. This deal involves the purchase of Helion Ventures....

The Carlyle Group is reportedly planning to purchase one-fourth of the stake in Nxtra Data, Airtel’s data center business. The deal valuation has been finalized at USD 235 million (close to INR 1,780 crore). With this acquisition, Nxt....

The India-based education technology company GetMyUni has declared that it has taken over online learning firm Avagmah from AEON Learning. Acquired in an all-cash deal, Avagmah had raised around USD 5 million from Zodius Capital, MEMG (Mani....

British-Dutch consumer goods company, Unilever, has reportedly announced its acquisition of more than 82 per cent stake in GlaxoSmithKline’s food and drinks division in Bangladesh. The company has reportedly acquired these shares from....

The state of Nevada has decided to join California in enacting the latest Zero Emission Vehicle (ZEV) mandate and vehicle emissions standards, despite the Trump administration’s decision to loosen the grip on federal fuel efficiency s....

Atos, one of the leading companies in digital transformation, has reportedly expanded its quantum solutions portfolio by offering Atos QLM E (Atos QLM Enhanced), the world’s best performing commercially available quantum simulator, wi....

Genetic testing company Invitae is reportedly on its way to purchasing personalized cancer test developer ArcherDX. The deal is speculated to have been finalized at USD 1.4 billion. As per sources familiar with the knowledge of the matter,....