News in Brief

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 [...]

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 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 [...]

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 [...]

Azim Premji-backed ID Fresh Food announced its foray into the US market with filter coffee. Launched in India and UAE last year, the packaged fresh food brand has taken its [...]

Snacks and beverages major PepsiCo India has said that it will invest $70 million to build a food manufacturing plant in Uttar Pradesh. The American global beverage firm, which aims [...]

China’s largest utility vehicle maker, Great Wall Motors, is set to invest over $1 billion in India, which is expected to become the third-largest market in the world in the [...]

IFC, a sister organisation of the World Bank, will invest $35 million in Manappuram Finance Limited (MFL) to help low-income households and small enterprises avail loans against their gold assets, [...]

Korean group companies Hyundai and Kia Motors are finalising local manufacturing plans for electric cars in India, e-charging their operations at a time when the government is preparing an ambitious [...]

Indian animation company Toonz Media Group has acquired a minority stake in the kids’-content producer Telegael in Ireland, further enlarging its international footprint after the acquisition of Spanish animation studio [...]