Industry News

BP and Reliance Announce the launch of their joint Fuel Retail Venture 'Jio-bp'

BP Plc and Reliance Industries Ltd have announced a joint venture for fuel retail under “Jio-bp”.

Instagram launches Reels Post TikTok ban in the Country

A week after TikTok’s ban, Instagram launches short-video feature ‘Reels’

Intel Capital invests INR 1894.5 crore in Jio Platforms

Intel Capital has invested in Jio platforms, taking the total investment amount to INR 117,588.45 crore in Jio Platforms

INEOS Acquires BP's Petrochemicals Business for USD5 Billion

BP sells its petrochemicals business as energy sector takes a financial hit amidst COVID-19 outbreak

Avalara Expands Partnership with BigCommerce

Avalara has announced partnership with BigCommerce to provide solutions to tax compliance needs

Panasonic India Partners With Benow To Take Offline Stores Online

Panasonic India has partnered with digital payment platform Benow to enable its offline retailers sell the entire range of consumer electronic products

Airtel Selects IBM and Red Hat to Develop Open Hybrid Cloud Network

Airtel has selected Red Hat and IBM to build its telecom network cloud based on 5G

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

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

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

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

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

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

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)

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

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.

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.

Accenture Buys Dutch Product Design and Innovation Agency VanBerlo

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

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

Cipla gains 4 drug brands of Wanbury

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