Acquisitions
Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services
The deals aim to enhance Wipro's AI-driven services and are expected to boost annual revenue by $173.3 million amid macroeconomic uncertainties.
3 min read02:22 PM ISTMint Interview | Ignore the noise, focus on consumers, says Zydus Wellness CEO amidst stock rally
Shares of the company have jumped 25% in the last month despite posting losses in the last two quarters but its CEO Tarun Arora is nonchalant about it — instead is focused on staying ahead of consumer expectations. In this interview, Arora talks of his outlook for the company and new businesses.
4 min read14 Apr 2026TCS payouts to Tata Sons fall as acquisitions, AI push weigh on cash flows
Its latest payout of ₹28,292.1 crore in the financial year ended March 2026 was lower than the previous year’s ₹32,184.2 crore, marking the third decline in total shareholder returns over the past six years, and the fourth such fall since the company went public in 2004.
4 min read12 Apr 2026Faster merger clearances by competition watchdog cut deal uncertainty
Faster approvals reduce uncertainty and risk, enable quicker deal closures and capital deployment, lower costs, and improve deal certainty, making transactions more efficient and investor-friendly
3 min read3 Apr 2026Listing boosts Orkla India’s appeal for talent and acquisitions: CEO Sharma
Over the past two years, several multinational corporations have listed their India subsidiaries, including Hyundai and LG, marking a revival in such listings after a lull since 2007, when companies such as Oracle, Maruti Suzuki, Idea Cellular and MindTree Consulting tapped the public markets.
2 min read30 Mar 2026upGrad eyes Unacademy deal at 90% markdown over 2021 valuation
Upgrad plans to pay ₹2,055 crore for Unacademy. This translates to 0.12 Upgrad shares for every Unacademy share.
2 min read27 Mar 2026LeapFrog drops continuation vehicle plans, eyes listings, block deals, M&A for exits
Private equity firm LeapFrog Investments clarifies its stand on portfolio exits, emphasizing block deals, mergers, acquisitions, and public listings as primary paths for capital return.
3 min read24 Mar 2026Mortgage lender Weaver buys majority stake in Centrum Housing
Weaver raised funds to acquire a 75.01% stake in Centrum Housing Finance. Centrum Capital separately said it has completed the sale of its entire stake in the mortgage lending arm.
1 min read18 Mar 2026Ambuja’s shift from volume chase to value accretion may take time to pay off
After a rapid expansion drive, Ambuja Cements is pivoting to a value-over-volume strategy—focusing on utilization, premium products and cost cuts to boost margins and returns.
2 min read12 Mar 2026Accenture to buy connectivity division of Ziff Davis for $1.2 billion
The acquisition marks one of Accenture’s largest in recent years, signalling a significant ramp-up in its M&A plans.
3 min read4 Mar 2026