Deals

HCLTech Invests $150M in AI Startup Sarvam; Vetic Raises $40M Three developers in an office, one points at a screen displaying an AI interface with Indic script.

Three developers in an office, one points at a screen displaying an AI interface with Indic script.

HCLTech Invests $150M in AI Startup Sarvam; Vetic Raises $40M

sivam June 19, 2026

HCLTech leads a $234M funding round for AI startup Sarvam with a $150M investment, boosting India's sovereign...

Santander Holdings USA Gets OCC Approval for Webster Financial Deal A modern bank building with Great Western Financial and Transamerica National Bank signage, on a busy U.S. city street.

A modern bank building with Great Western Financial and Transamerica National Bank signage, on a busy U.S. city street.

Santander Holdings USA Gets OCC Approval for Webster Financial Deal

sivam June 18, 2026

Santander Holdings USA secures crucial OCC approval for its acquisition of Webster Financial, marking a significant step...

FTC Forces Aurobindo Pharma to Divest Drugs for Lannett Deal Two workers in lab coats and hairnets sort white generic drug boxes on metal shelves and carts in a brightly lit industrial facility.

Two workers in lab coats and hairnets sort white generic drug boxes on metal shelves and carts in a brightly lit industrial facility.

FTC Forces Aurobindo Pharma to Divest Drugs for Lannett Deal

sivam June 18, 2026

FTC mandates Aurobindo Pharma divest four drug products as a condition for its $250M acquisition of Lannett...

L’Oréal Acquires Innovist: Expanding India’s Beauty Market A young woman holds a bottle of beauty product, looking at it intently in a well-lit store.

A young woman holds a bottle of beauty product, looking at it intently in a well-lit store.

L’Oréal Acquires Innovist: Expanding India’s Beauty Market

sivam June 18, 2026

L'Oréal SA strengthens its India presence by acquiring a majority stake in beauty startup Innovist, focusing on...

JBM Auto Bags ₹750 Cr for 2,000 Electric Buses A modern electric bus, blue and white, with passengers boarding, on a busy street in an Indian city under daylight.

A modern electric bus, blue and white, with passengers boarding, on a busy street in an Indian city under daylight.

JBM Auto Bags ₹750 Cr for 2,000 Electric Buses

sivam June 18, 2026

JBM Auto secures ₹750 crore from Motilal Oswal to deploy 2,000 electric buses, boosting India's sustainable public...

India FIU Probes Large Crypto OTC Trades for Illicit Activity A man sits at a desk in an office, looking at a computer monitor displaying a spreadsheet. A city is visible outside a window.

A man sits at a desk in an office, looking at a computer monitor displaying a spreadsheet. A city is visible outside a window.

India FIU Probes Large Crypto OTC Trades for Illicit Activity

sivam June 17, 2026

India's Financial Intelligence Unit is scrutinizing large crypto OTC trades, requesting exchange data to boost transparency and...

Brembo and Ningbo SAFE JV to Produce Motorcycle ABS in India Wide shot of a large, brightly lit factory floor with rows of grey and red CNC machines. Several workers in blue uniforms are visible.

Wide shot of a large, brightly lit factory floor with rows of grey and red CNC machines. Several workers in blue uniforms are visible.

Brembo and Ningbo SAFE JV to Produce Motorcycle ABS in India

sivam June 17, 2026

Brembo and Ningbo SAFE Brakes Systems form a joint venture in India to manufacture motorcycle ABS, supporting...

Jio IPO Filing Imminent Before Reliance AGM, Report A large digital billboard displaying "Jio Fiber IPO FILING IMMINENT" stands before modern corporate buildings and a reflecting pool.

A large digital billboard displaying "Jio Fiber IPO FILING IMMINENT" stands before modern corporate buildings and a reflecting pool.

Jio IPO Filing Imminent Before Reliance AGM, Report

sivam June 17, 2026

Reliance Jio Infocomm reportedly set to file draft IPO papers this week, potentially ahead of RIL's AGM....

Turtlemint IPO: June 19 Launch, ₹144-152 Price Band Three employees at computers in a modern office, two women and one man, discussing data with city skyline visible outside.

Three employees at computers in a modern office, two women and one man, discussing data with city skyline visible outside.

Turtlemint IPO: June 19 Launch, ₹144-152 Price Band

sivam June 16, 2026

Insuretech firm Turtlemint announces its IPO opening June 19 with a price band of ₹144-152. Fresh issue...

SolarSquare Raises $53M in India’s Largest Residential Solar Funding An aerial view of densely packed residential rooftops in India, many equipped with solar panels.