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The Reserve Bank last month put IDBI Bank under watch by initiating Prompt Corrective Action against it.

LIC completes acquisition of 51 per cent stake in IDBI Bank

The bank had reported a net loss of Rs 3,602.49 crore during the September quarter of 2018-19.

21 Jan 2019 1:03 PM IST

Alooma helps enterprise companies streamline database migration in the cloud.

Google to buy data migration company Alooma in cloud push

Google trails Amazon and Microsoft in the fast-growing business of helping companies move to the cloud.

20 Feb 2019 10:58 AM IST

InVIT will acquire 100 per cent equity interest in Pipeline Infrastructure Pvt Ltd, owner and operators of the pipeline that transports Reliance Industries Ltds eastern offshore KG-D6 gas to customers, according to a statement issued by RIL.

Reliance Industries buys ITC's menswear brand John Players

Acquisition would strengthen RRL's readymade garments and accessories portfolio in the fashion and lifestyle retail...

26 March 2019 12:37 PM IST

Pepsico India Chairman and CEO D Shivakumar has resigned from the company after serving for nearly four years and will join Aditya Birla Group.

Varun Beverages gets CCI nod to acquire PepsiCo's franchise rights

In February, VBL had announced its plans to acquire franchise rights of PepsiCo in southern and western regions.

25 March 2019 12:48 PM IST

Furthermore, NVIDIA has provided separate packages for each desktop and notebook configuration.

Nvidia acquires Mellanox for USD 6.9 billion

The deal, that is expected to close at the end of 2019, will unite two of the world's leading companies in the...

12 March 2019 12:24 PM IST

Yatra shares rose 15 percent after the news.

Software firm Ebix offers to buy India's ticketing firm Yatra

The offer price of USD 7 per share represents a premium of 84 percent to Yatra's Friday close.

12 March 2019 10:27 AM IST

Furthermore, NVIDIA has provided separate packages for each desktop and notebook configuration.

Nvidia to acquire Mellanox Technologies

Mellanox's chips power high-speed networks connecting servers.

11 March 2019 8:05 AM IST

Kumar Sudarsan, co-founder and CEO, Qwikcilver has joined the Pine Labs leadership team.

Pine Labs completes Qwikcilver acquisition

On March 19, 2019, company had announced the signing of a definitive agreement to acquire Qwikcilver for USD 110 mn.

20 April 2019 8:49 AM IST

Interestingly, JSW Cement is also very close to commissioning its captive power plant at Salboni for uninterrupted power supply at competitive rates. Besides, it has dedicated rakes for ensuring timely & quick delivery of raw materials and a fleet of trucks to facilitate smooth transport of cement to its dealers and sub-dealers.

Lenders approve JSW's Rs 1,550 crore bid for ACCIL

The total admitted debt in the resolution process was around Rs 6,500 crore.

29 Jun 2019 3:11 PM IST

Mobiquity creates digital products for brands like Amazon Web Services, Rabobank, Philips, Wawa, Backbase and Otsuka.

Hexaware acquires US-based Mobiquity for USD 182 million

Hexaware had reported revenues of USD 180 million (Rs 1,264 crore) in the January-March 2019 quarter.

14 Jun 2019 10:45 AM IST

CCI gives nod to Amazon's 0.51 pc equity share acquisition of Quess...

The proposed transaction involves the acquisition of a minority non-controlling investment by the acquirer.

9 Sept 2019 1:46 PM IST

IBM has reported that the active number of participants in its 401(k) pension plan fell to 84,350 last year

HCL's IBM deal puts focus on other IT firms' moves

HCL Technologies' announce big fat acquisition of Rs 12,700 crore IBM software products.

11 Dec 2018 9:12 AM IST