News in brief2019-02-11T06:03:41+00:00

News in Brief

ADIA, Singapore’s GIC invest in Greenko

The Abu Dhabi Investment Authority (ADIA) has inked an investment deal with India’s largest green energy company, Greenko, to make an additional equity investment in the company. The move comes [...]

Wipro to acquire US-based ITI

IT major Wipro said it will acquire US-based International TechneGroup Incorporated (ITI) for $45 million (around Rs 312 crore). Founded in 1983 and headquartered in Ohio, USA, ITI has offices [...]

Dr Reddy’s bullish on China

With incipient regulatory changes in China on Indian drug imports, Dr Reddy's Laboratories has identified about 70 products for the country to be launched in a few years and is [...]

Tech Mahindra opens tech centre in Missouri

Tech Mahindra launched a new technology centre in St. Louis, Missouri, USA which will develop cutting edge technologies in areas like micro services, automation, artificial intelligence, security, machine learning, cloud [...]

IntellaSphere to buy Mumbai firm Edgytal

US digital marketer IntellaSphere Inc. said it has agreed in principle to buy Mumbai-based Edgytal Digital Marketing Pvt. Ltd operating in the same segment. Edgytal has a presence in India, [...]

Manipal buys 51% stake in Cigna JV

Manipal Education & Medical Group (MEMG) will increase its stake to 51 per cent in health insurance joint venture with American insurance giant Cigna Corporation. Chairman Ranjan Pai is committing [...]

CDPQ picks up $206mn stake in M&M

Caisse de dépôt et placement du Québec (CDPQ) has picked up a 1.76 per cent stake in Mahindra & Mahindra Ltd (M&M) for $205.6 million (Rs 1,424.56 crore), marking the [...]

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