Ayushman Baruah
TMT
L&T Infotech, Mindtree set to merge creating fifth largest IT service provider
After much speculations, Larsen & Toubro Infotech Ltd (LTI) and Mindtree Ltd announced their merger to become one entity “LTI ......
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Cyient to buy Singapore-based Grit Consulting, second acquisition this week
Hyderabad-based IT services firm Cyient Ltd said on Thursday it is set to acquire Singapore-based Grit Consulting for a total ......
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Wipro acquires SAP consulting company for $540 mn
Wipro Ltd has agreed to acquire Rizing Intermediate Holdings, Inc., a global SAP consulting firm, for $540 million, to bolster its SAP ......
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Cyient to acquire product engineering firm Citec for over $100 mn
Cyient Ltd said on Monday it has signed definitive agreements to acquire Citec, an international plant and product engineering services ......
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Persistent Systems to buy US-based Data Glove for $91 mn
IT services firm Persistent Systems Ltd said on Thursday it has entered into a pact to buy New Jersey-based Data ......
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Indian deep tech startups turning hot target for acquisitions
Several Indian deep tech startups are getting acquired by larger global companies to gain access to niche technologies and quality ......
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Tech Mahindra acquires Lodestone and WMW for $118 million to bolster digital portfolio
Pune-based IT services major Tech Mahindra Ltd said on Monday it has acquired two companies – US-based Infostar LLC (Lodestone) ......
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CCI approves Carlyle's $3 bn bid for Hexaware
The Competition Commission of India (CCI) on Tuesday approved global private equity firm Carlyle Group’s bid to acquire Baring Private ......
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Zoho invests $5 mn in Voxelgrids
Zoho Corp. is acquiring a 25% stake in Voxelgrids, a Bengaluru-based startup that builds magnetic resonance imaging (MRI) scanners. It ......
TMT
VCs latching on to agritech startups that make farming efficient
Venture capital (VC) firms have been steadily investing in agritech startups that are attempting to solve the problems of the ......