The Japan-based SoftBank has reportedly proposed to invest over $1 Bn in Ola’s new funding round. The cab sharing giant may use the investment to strengthen its food delivery business and finance other businesses like e-pharmacy, claim sources. If reports are to be believed, Ola …
Recently the White House released a statement that declared that China is interested in approving a previous deal that was forwarded by U.S. Chip manufacturer Qualcomm to buy its Dutch counterpart NXP Semiconductors. The deal previously fell apart as it failed to secure Chinese regulatory …
Nexstar Media Group, an American television broadcasting company, recently announced that it has agreed to acquire Chicago-based Tribune Media Company in a $4.1 billion deal. Reports cite, the company formed as a result of the takeover would hold the accolade of being America’s biggest television …
India’s largest infrastructure lender IL&FS has reportedly hit the headlines for seeking bids for its renewable energy asset portfolio amid bankruptcy concerns. As per trusted sources, the renewable energy assets that the company has put up for sale also happens to include numerous operational and …
Go-Jek, a technology startup based in Indonesia, recently made it to the headlines for launching the beta mobile app in close collaboration with the DBS (Development Bank of Singapore), headquartered at Marina Bay, Singapore. According to sources, Go-Jek with its beta launch, is swooping the …
Quest Diagnostics Inc. (Quest), an American diagnostic information service provider, has reportedly announced that it has inked an agreement to acquire the laboratory services business unit belonging to Boyce and Bynum Pathology Laboratories (BBPL), a clinical & diagnostic laboratory service provider. Reports cite, the anatomic …
Menlo Park and Mumbai-based technology company GOQii Inc. is reported to have raised more than $30 million (approx. Rs 212 crore) in its most recent equity financing round, as it seeks entry into the Japanese and other overseas markets over the coming 12 to 18 …
The merger of Moore Stephens International Ltd., a global accountancy and advisory network, and Binder Dijker Otte (BDO), a renowned Belgian accounting company, would reportedly be creating a major competitor for big auditors. Reports cite, this turn of events does not bode well for the …
