Industry News

Huawei Collaborates with Car Manufacturers to Build 5G-enabled Vehicle Ecosphere

Huawei has formed an alliance with 18 Chinese car manufacturers and service providers to accelerate adoption of 5G in automotive industry

Asian Paints Forays into Hand & Surface Sanitizer Segment

India-based multinational paint company ‘Asian Paints’ enters into hand and surface sanitizer market category by launching Viroprotek range of products

US-based Vista Equity Partners Announces to Pick 2.32 Percent Stakes in Jio Platforms

Vista Equity Partners announced to pick up 2.32 percent stakes in Jio Platforms worth INR 11,367 crore

Kaloom And Red Hat Collaborate to Provide Unified Solution for Edge Sites

Kaloom extends collaboration with Red Hat Inc to create a unified edge solution for edge sites

TVS Motor Company Acquires Britain's Norton Motorcycles for 16 Million Pounds

India’s TVS Motor acquires sporting motorcycle brand ‘Norton’ in an all-cash deal

Verizon To Buy Zoom's Rival Video-Conferencing Company BlueJeans

Verizon Communications Inc has entered into an agreement to acquire BlueJeans for an amount less than $500 million

Dyson Launches Portable Ventilator ‘CoVent’ for COVID-19 Patients

Dyson company launches CoVent, a portable ventilator to help people fight against Coronavirus, as per orders from Government of United Kingdom

HUL completes the Acquisition of GlaxoSmithKline, Buys Horlicks

GlaxoSmithKline Consumer Healthcare Limited merges with Hindustan Unilever Limited in a deal worth USD 4.161 Billion

15 Pharma Companies Including Novartis to Collaborate for Treatment of COVID-19

Pharma giants such as Novartis and GlaxoSmithKline have decided to collaborate to develop & manufacture vaccines and treatments for COVID-19

Dynavax and CEPI Announce Collaboration to Assist Global Effort Against COVID-19

Dynavax and Coalition for Epidemic Preparedness Innovations (CEPI) join hands to develop vaccines against Coronavirus (COVID-19)

Subways Segment to Dominate Europe Railway Connectors Market through 2025

Increasing demand for different types of wagons in railways is expected to drive the growth of Europe railway connectors market

Wipro Consumer Care Ventures raises capital in grooming startup LetsShave

With added funding from Wipro Consumer Care Ventures, LetsShave plans to expand its personal care product portfolio.

PepsiCo to acquire Rockstar Energy Drinks in a $ 3.85 Billion deal

PepsiCo announced this acquisition with Rockstar Energy Beverages to boost its offering in energy drinks category.

Morgan Stanley to Acquire E*Trade for $13 Billion

Morgan Stanley will become a leader in all major wealth management channels by acquiring E*Trade

Accenture Buys Dutch Product Design and Innovation Agency VanBerlo

Accenture acquires VanBerlo to help its clients build smart connected solutions.

Cipla gains 4 drug brands of Wanbury

Cipla strengthens its women’s health segment by acquiring 4 drug brands of Wanbury Ltd.

BorgWarner Inc. to buy UK based Delphi Technologies in $ 3.3 Billion Deal

BorgWarner is acquiring Delphi Technologies in an all-stock deal which is expected to close in the second half of 2020.

Zomato Acquires India Operations of Uber Eats in an All-Stock Transaction

Zomato acquired Uber Eats India in an all-stock deal for USD350 Million

PayPal Closes on China's GoPay Acquisition

PayPal completes GoPay acquisition, allowing the payments platform to enter China

Sanofi to Acquire Synthorx for $ 2.5 Billion

Sanofi announces signing definitive agreement for acquisition of Synthorx, to expand its immuno-oncology pipeline