Flipkart highlighted that Google's investment, along with a cloud collaboration, will support the expansion of its business and the modernisation of its digital infrastructure, enhancing services for customers across India.
Google will pick up 7.7 per cent stake in Reliance Industries' technology venture for Rs 33,737 crore, richest Indian Mukesh Ambani said on Wednesday.
A final decision will be taken by the board of the merged bank, based on the valuation and also meeting the regulatory guidelines, Union Bank Managing Director and Chief Executive Rajkiran Rai G has said.
Social media major Facebook is reportedly planning to buy 10 per cent stake in the country's biggest telecom company Reliance Jio.
The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the government has decided on disinvestment.
US-based fast-food brand owner Burger King Corporation, which holds about 12 per cent stake in Burger King India, is not exploring raising its holding in India operations, an official said on Thursday.
According to a BSE filing, the lender received LIC's proposal to acquire the controlling stake, as a "promoter through preferential allotment of shares or open offer" on Monday.
The government had last month floated a preliminary information memorandum inviting bidders to buy 76 per cent stake in loss-making Air India along with transfer of management control.
At Friday's closing price of Rs 440.85 a share for GAIL on BSE, the stake is worth close to Rs 410 billion.
Dubai: Aiming to enter the fast growing higher education segment in the UAE, leading K-12 Education provider Varkey Group has announced the acquisition of a significant holding in Dubai's International Horizons College (IHC). The group
New Delhi: UK-based Vodafone Group will sell its 4.4 per cent stake in Bharti Airtel if rules no longer permit telecom operators to keep share in competitors, a top executive of Vodafone India said.In a
Mumbai: Thirteen years after it started working with Cibil, global credit and information services player TransUnion has increased its stake in the country's largest credit information bureau to a majority 55 per cent from earlier
New Delhi: Drug firm Cipla Ltd on Monday said it will acquire 14.6 percent stake in US-based Chase Pharmaceuticals Corporation Inc for USD 1.5 million.The investment will be done through Cipla's wholly owned subsidiary Cipla
Mumbai: Ajay Piramal-led Piramal Enterprises Thursday said it has agreed to buy 20 percent equity stake in Shriram Capital, the financial services arm of the Chennai-based Shriram Group, for Rs 2,014 crore.“This investment builds our
New Delhi: The world's largest liquor maker Diageo Plc on Tuesday made a Rs 11,448.91 crore offer to public shareholders of United Spirits Ltd to acquire an additional 26 percent stake, its second attempt to
New Delhi: Foreign investors hiked their stake in Infosys to a nine-year high of 42.10 per cent in the January-March period of 2014.This is despite the software giant expecting a sluggish growth in revenue during
New Delhi: WPP's wholly owned global marketing communications agency JWT has acquired a majority stake in Mumbai-based Social Wavelength, a full-service social media agency, for an undisclosed amount. JWT was in talks with the agency for
New Delhi: Cement maker ACC is likely to buy Jaiprakash Associates Ltd's (JAL's) 74 per cent stake in two separate cement joint ventures with state-owned steel maker Steel Authority of India (SAIL).The Swiss building material
New Delhi: Ajay Piramal-led Akshar Fincom has picked up a 3.5 per cent stake in Sunteck Realty for around Rs 65 crore, according to industry sources. Piramal has acquired over 20.65 lakh shares or 3.5
London: UK drug maker GlaxoSmithKline Plc. ( GSK ) has increased its stake in its Indian subsidiary from 50.7 per cent to 75 per cent, following a recent open offer. The company announced that the
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