2 Billion Deal

Flipkart is offering lucrative discounts on mobile phones during the festive season sale. During its upcoming Big Diwali Sale, which kicks off on November 2, the e-commerce website is claiming to offer the lowest prices of the year on iPhone models. As part of the sale, the base iPhone 14 could be available for as low as Rs. 49,999.

Amazon kicked off its Great Indian Festival on October 7 for Prime members and October 8 for other users. The leading e-commerce site is currently offering a wide range of items with lucrative discounts including smartphones, laptops, tablets, and accessories. Following are the top deals on true wireless earphones with active noise cancellation und...

Xiaomi is all geared up for the upcoming sale season, as it has unveiled festive deals on mobiles, tablets and various other products. The Diwali with Mi sale will now run on Amazon Great Indian Festival Sale, Flipkart Big Billion Days Sale and on Mi website. On all platforms, the Diwali with Mi sale will begin with an early access on October 7.

Borderlands developer Gearbox will reportedly be sold off by Embracer, as it attempts to stabilise after its $2 billion investment deal with Savvy Games Group fell through. The report suggests that some third parties are interested in acquiring the developer, while its CCO Dan Hewitt is even considering going independent. Embracer previously shut d...

Two European defense manufacturing giants are seeking to win a 400 billion rupee ($4.8 billion) order to build submarines in India as the South Asian nation looks to strengthen its navy to counter China's expanding naval presence in the

The US Federal Trade Commission official on Thursday withdrew the agency's case before an in-house judge that sought to block Microsoft's $69 billion (roughly Rs. 5,66,200 crore) acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction.

Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.

US District Judge Edward Davila granted the Federal Trade Commission's (FTC) request to temporarily block Microsoft’s acquisition of video game maker Activision Blizzard and set a hearing next week. The two-day evidentiary hearing is set for June 22–23 in San Francisco, to decide whether a preliminary injunction would be necessary. Without a co...

This comes after Elon Musk noted in his message that Twitter's San Francisco offices "was half empty yesterday."

UBS has agreed to take over its troubled Swiss rival Credit Suisse after doubling its offer to $2 billion, the Financial Times reported amid urgent talks Sunday aimed at sparing the embattled bank from a bloodbath when the markets reopen.

OpenAI, the research firm that created ChatGPT, is in discussions for a tender offer with venture capital firms Thrive Capital and Founders Fund, according to a report. The company is reportedly in talks with the firms to sell shares from existing shareholders such as employees, in a tender offer that would value the firm at $29 billion (roughly Rs...

The Flipkart Big Billion Days 2022 Sale is live and is currently offering an up to 80 percent discount on TVs and home appliances. Here is a list of some of the best deals and offers available on Flipkart right now.

Ford has announced that it will begin sourcing battery capacity and raw materials from such companies as Chinese battery maker CATL and Australian mining giant Rio Tinto as part of a series of deals to accelerate the firm’s shift to electric vehicles. Ford is looking to achieve an annual EV production rate of 600,000 vehicles globally by late 202...

The US Securities and Exchange Commission (SEC) asked Musk in a letter whether he should have amended his public filing to reflect his intention to suspend or abandon the deal, according to the June 2 letter made public on Thursday. Securities lawyers said they expected the SEC would scrutinise Musk's public statements on the deal to assess whether...

Twitter's shares rose about 6 percent to $35.90 (nearly Rs. 2,900) after Hindenburg Research took a long position in Twitter shares, a day after the company sued Elon Musk for violating his $44 billion deal (roughly Rs. 3,50,290 crore) and asked a Delaware court to order him to complete the merger at the agreed $54.20 (roughly Rs. 4,300) per Twitte...

Flipkart is offering lucrative discounts on mobile phones during the festive season sale. During its upcoming Big Diwali Sale, which kicks off on November 2, the e-commerce website is claiming to offer the lowest prices of the year on iPhone models. As part of the sale, the base iPhone 14 could be available for as low as Rs. 49,999.

Amazon kicked off its Great Indian Festival on October 7 for Prime members and October 8 for other users. The leading e-commerce site is currently offering a wide range of items with lucrative discounts including smartphones, laptops, tablets, and accessories. Following are the top deals on true wireless earphones with active noise cancellation und...

Xiaomi is all geared up for the upcoming sale season, as it has unveiled festive deals on mobiles, tablets and various other products. The Diwali with Mi sale will now run on Amazon Great Indian Festival Sale, Flipkart Big Billion Days Sale and on Mi website. On all platforms, the Diwali with Mi sale will begin with an early access on October 7.

Borderlands developer Gearbox will reportedly be sold off by Embracer, as it attempts to stabilise after its $2 billion investment deal with Savvy Games Group fell through. The report suggests that some third parties are interested in acquiring the developer, while its CCO Dan Hewitt is even considering going independent. Embracer previously shut d...

Two European defense manufacturing giants are seeking to win a 400 billion rupee ($4.8 billion) order to build submarines in India as the South Asian nation looks to strengthen its navy to counter China's expanding naval presence in the

The US Federal Trade Commission official on Thursday withdrew the agency's case before an in-house judge that sought to block Microsoft's $69 billion (roughly Rs. 5,66,200 crore) acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction.

Infosys has inked a five-year deal with an existing client with a target spend of $2 billion (roughly Rs. 16,400 crore) for artificial intelligence and automation services, the IT services firm said in an exchange filing. According to Infosys, the agreement includes AI and automation development, modernization, and maintenance.

US District Judge Edward Davila granted the Federal Trade Commission's (FTC) request to temporarily block Microsoft’s acquisition of video game maker Activision Blizzard and set a hearing next week. The two-day evidentiary hearing is set for June 22–23 in San Francisco, to decide whether a preliminary injunction would be necessary. Without a co...

This comes after Elon Musk noted in his message that Twitter's San Francisco offices "was half empty yesterday."

UBS has agreed to take over its troubled Swiss rival Credit Suisse after doubling its offer to $2 billion, the Financial Times reported amid urgent talks Sunday aimed at sparing the embattled bank from a bloodbath when the markets reopen.

OpenAI, the research firm that created ChatGPT, is in discussions for a tender offer with venture capital firms Thrive Capital and Founders Fund, according to a report. The company is reportedly in talks with the firms to sell shares from existing shareholders such as employees, in a tender offer that would value the firm at $29 billion (roughly Rs...

The Flipkart Big Billion Days 2022 Sale is live and is currently offering an up to 80 percent discount on TVs and home appliances. Here is a list of some of the best deals and offers available on Flipkart right now.

Ford has announced that it will begin sourcing battery capacity and raw materials from such companies as Chinese battery maker CATL and Australian mining giant Rio Tinto as part of a series of deals to accelerate the firm’s shift to electric vehicles. Ford is looking to achieve an annual EV production rate of 600,000 vehicles globally by late 202...

The US Securities and Exchange Commission (SEC) asked Musk in a letter whether he should have amended his public filing to reflect his intention to suspend or abandon the deal, according to the June 2 letter made public on Thursday. Securities lawyers said they expected the SEC would scrutinise Musk's public statements on the deal to assess whether...

Twitter's shares rose about 6 percent to $35.90 (nearly Rs. 2,900) after Hindenburg Research took a long position in Twitter shares, a day after the company sued Elon Musk for violating his $44 billion deal (roughly Rs. 3,50,290 crore) and asked a Delaware court to order him to complete the merger at the agreed $54.20 (roughly Rs. 4,300) per Twitte...