Twitter buys livestream app maker Periscope

Last Updated: Saturday, March 14, 2015, 11:41

Twitter said today it had purchased the maker of the video streaming app Periscope, amid what seems to be surging interest in live video sharing.

Australia's TPG Telecom to buy rival iiNet for $1.1 billion

Last Updated: Saturday, March 14, 2015, 09:39

Australia`s TPG Telecom Ltd on Friday said it will buy domestic Internet services provider iiNet for A$1.4 billion ($1.1 billion), in a deal that could provoke a counter offer from larger rival Optus.

US authorities probe alleged forged letter from Mirach in Sahara deal

Last Updated: Thursday, February 19, 2015, 08:55

Sahara had sought to borrow more than $1 billion from Mirach to help bail its chairman, Subrata Roy, out of jail in New Delhi.

Snapdeal buys Exclusively, expands presence in luxury segment

Last Updated: Wednesday, February 18, 2015, 13:30

The company has brought Exclusively to provide its over 40 million users access to widest range of aspirational, high-end products and services.

Expedia buys rival travel operator Orbitz for $1.6 billion

Last Updated: Thursday, February 12, 2015, 21:28

US online travel operator Expedia announced plans to buy rival Orbitz Worldwide for about USD 1.6 billion, in a move that further consolidates the sector.

Mirach fiasco: Sahara initiates legal action; eyes new deal

Last Updated: Thursday, February 12, 2015, 18:40

Accusing Mirach Capital of "cheating and forgery" in the failed USD 2.05 billion loan arrangement, Sahara today said it has initiated legal action against the US-based firm and it is now working on a new deal to raise funds to secure bail for its chief Subrata Roy.

Mirach calls off Sahara loan deal, returns fees

Last Updated: Wednesday, February 11, 2015, 10:57

The Court had given time till February 20 for the deal, but it fell apart after Bank of America disclosed that it was not involved in the deal as was being claimed.

Amazon in talks to buy Israeli start-up Annapurna Labs: Report

Last Updated: Thursday, January 22, 2015, 16:45

US tech giant Amazon is in talks to buy Israeli chipmaker Annapurna Labs for up to $370 million, financial newspaper Calcalist reported on Thursday.

Competition Commission examining Kotak-ING deal

Last Updated: Monday, January 19, 2015, 16:16

Fair trade watchdog CCI is examining the Rs 15,000-crore merger deal between Kotak Mahindra and ING Vysya that would create the country's fourth largest private sector lender.