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LTM to acquire Randstad Tech Services' business in Europe, Australia

New Delhi, May 22 -- Mumbai-based technology services company LTM Ltd, which was formed after the merger of L&T Infotech and Mindtree in 2022, has offered to acquire the technology and consulting serv... Read More


Dalmia Cement snaps up Jaiprakash Associates' central India assets

New Delhi, May 22 -- Dalmia Cement (Bharat) Ltd, a wholly owned subsidiary of Dalmia Bharat Ltd, has inked a deal to acquire cement plants previously operated by Jaiprakash Associates Ltd, which was r... Read More


Transcorp delivers all-time high earnings for Q4 and FY26; declares 30% dividend and gains access to RBI's Centralised Payment Systems with NEFT / RTGS capabilities.

New Delhi, May 22 -- Transcorp International Limited records its highest earnings from business operations to date, surpassing all previous quarters and financial years. The Company announced its fina... Read More


Why household assets with PE/VC funds, other AIFs jumped over 2,000 times in one year

New Delhi, May 22 -- Household assets managed by alternative investment funds (AIFs), including private equity and venture capital vehicles, surged more than 2,000 times in 2023-24 from the year befor... Read More


Grapevine: Reliance Jio, Purvah Green, Inox, Hexa, Greencell, Peak XV in news

New Delhi, May 21 -- Reliance Industries Ltd has slowed preparations for the planned initial public offering of Jio Platforms while Purvah Green, Inox Clean Energy and Hexa Climate have submitted bind... Read More


Sadev Ventures ropes in Snabbit senior exec as co-founder, partner

New Delhi, May 21 -- Sadev Ventures, the early-stage venture capital firm founded by former BharatPe chief operating officer Dhruv Dhanraj Bahl, has appointed former Snabbit and CRED executive Ishan K... Read More


Adani Ports acquires Jaypee Fertilizers unit; Hexaware snaps up UK consulting firm

New Delhi, May 21 -- Adani Ports and Special Economic Zone Ltd (APSEZ) has signed a deal to acquire Jaypee Fertilizers & Industries Ltd (JFIL) as part of the broader resolution plan for bankrupt Jaipr... Read More


Lightspeed-backed Centricity in talks for fresh funding, plans NBFC foray

New Delhi, May 21 -- Centricity Wealth Tech Pvt Ltd, a wealth management company backed by venture capital firm Lightspeed India Partners and some family offices, is in active discussions with multipl... Read More


Drone maker Garuda Aerospace in talks to raise pre-IPO round

New Delhi, May 21 -- Drone technology company Garuda Aerospace Ltd, which last month filed draft papers through the confidential route for an initial public offering, is in the process of raising a pr... Read More


CPPIB's direct India exposure shrinks after three straight years of growth

New Delhi, May 21 -- Canada Pension Plan Investment Board (CPP Investments, or CPPIB), which had grown to become one of the largest foreign investors in India having committed more than $20 billion ac... Read More