One Crore Deal

Swedish gaming company Embracer Group AB will sell one of its largest subsidiaries, Saber Interactive, to a group of private investors in a deal worth up to $500 million (roughly Rs. 4,142 crore), according to a person familiar with the transaction.

Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant's artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million (roughly Rs. 497 crore) per year, according to one of the sources.

Japan's Sony Group scrapped plans on Monday for a $10 billion (roughly Rs. 83,098 crore) merger of its Indian unit with Zee Entertainment, ending a deal that could have created one of the South Asian nation's biggest TV broadcasters.

The share price of Vedanta Ltd fell nearly 9% in early trade on Thursday after a block deal worth over Rs 4,000 crore involving one of its promoter companies.

Indian billionaire Ravi Ruia bought a 113 million pound ($145 million) London mansion linked to Russian property investor Andrey Goncharenko in one of the UK capital's biggest residential deals in recent years.

US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission's clearance is tied to remedies relating to Broadcom's interoperability w...

The BCCI has decided to "waive off" one match from its media rights agreement (MRA) with Star India, amounting to Rs 78.90 crore

The finale week of 'Shark Tank India Seaon 2' saw one of the show's judges Vineeta Singh pitch her own company SUGAR cosmetics to the other judges and strike a deal worth Rs 5 crore with all of them.

EA is reportedly set to pay GBP 488 million ($588 million or roughly Rs. 4,861 crore) to the Premier League for the license of all 20 Premier League clubs. The new deal reportedly more than doubles the existing deal between EA and Premier League.

Google struck 24 deals with prominent app developers to prevent them from competing with the Play Store on Android, according to details from Epic Games' lawsuit against the search giant. The deals included an agreement to pay $360 million (roughly Rs. 2,941 crore) to Activision over three years. Google also agreed to pay Riot Games about $30 milli...

Binance, the world's largest crypto exchange that has invested $500 million into Elon Musk's buyout of Twitter, is creating a team to work on how blockchain and crypto could be helpful to Twitter, the company's spokesperson said on Friday. As one of Elon Musk's equity co-investors to fund his $44 billion (nearly Rs. 3,62,300 crore) deal, Binance sa...

Family members of actor and BJP leader Sonali Phogat have received two letters from an anonymous sender.

PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.

Uber said to have sold its 7.8 percent stake in Indian food delivery firm Zomato for $392 million (roughly Rs. 3,100 crore) via a block deal on local exchanges. One of the sources familiar to the deal said the stake was bought by around 20 global and Indian funds, including Fidelity, Franklin Templeton and India's ICICI Prudential.

Amazon is set to acquire primary care provider One Medical, as part of the tech giant’s push into the healthcare sector. The all-cash deal to acquire One Medical for $3.5 billion (roughly Rs. 279 crore) will expanding its virtual healthcare and add its first physical doctors' offices. Amazon previously piloted virtual care visits for its own staf...

Swedish gaming company Embracer Group AB will sell one of its largest subsidiaries, Saber Interactive, to a group of private investors in a deal worth up to $500 million (roughly Rs. 4,142 crore), according to a person familiar with the transaction.

Social media platform Reddit has struck a deal with Google to make its content available for training the search engine giant's artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million (roughly Rs. 497 crore) per year, according to one of the sources.

Japan's Sony Group scrapped plans on Monday for a $10 billion (roughly Rs. 83,098 crore) merger of its Indian unit with Zee Entertainment, ending a deal that could have created one of the South Asian nation's biggest TV broadcasters.

The share price of Vedanta Ltd fell nearly 9% in early trade on Thursday after a block deal worth over Rs 4,000 crore involving one of its promoter companies.

Indian billionaire Ravi Ruia bought a 113 million pound ($145 million) London mansion linked to Russian property investor Andrey Goncharenko in one of the UK capital's biggest residential deals in recent years.

US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission's clearance is tied to remedies relating to Broadcom's interoperability w...

The BCCI has decided to "waive off" one match from its media rights agreement (MRA) with Star India, amounting to Rs 78.90 crore

The finale week of 'Shark Tank India Seaon 2' saw one of the show's judges Vineeta Singh pitch her own company SUGAR cosmetics to the other judges and strike a deal worth Rs 5 crore with all of them.

EA is reportedly set to pay GBP 488 million ($588 million or roughly Rs. 4,861 crore) to the Premier League for the license of all 20 Premier League clubs. The new deal reportedly more than doubles the existing deal between EA and Premier League.

Google struck 24 deals with prominent app developers to prevent them from competing with the Play Store on Android, according to details from Epic Games' lawsuit against the search giant. The deals included an agreement to pay $360 million (roughly Rs. 2,941 crore) to Activision over three years. Google also agreed to pay Riot Games about $30 milli...

Binance, the world's largest crypto exchange that has invested $500 million into Elon Musk's buyout of Twitter, is creating a team to work on how blockchain and crypto could be helpful to Twitter, the company's spokesperson said on Friday. As one of Elon Musk's equity co-investors to fund his $44 billion (nearly Rs. 3,62,300 crore) deal, Binance sa...

Family members of actor and BJP leader Sonali Phogat have received two letters from an anonymous sender.

PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.

Uber said to have sold its 7.8 percent stake in Indian food delivery firm Zomato for $392 million (roughly Rs. 3,100 crore) via a block deal on local exchanges. One of the sources familiar to the deal said the stake was bought by around 20 global and Indian funds, including Fidelity, Franklin Templeton and India's ICICI Prudential.

Amazon is set to acquire primary care provider One Medical, as part of the tech giant’s push into the healthcare sector. The all-cash deal to acquire One Medical for $3.5 billion (roughly Rs. 279 crore) will expanding its virtual healthcare and add its first physical doctors' offices. Amazon previously piloted virtual care visits for its own staf...