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UPS commits USD 50 million to industrial logistics and launches time-definite Mexico air freight
2 days ago
NLC India selects Ohmium and InSolare for 4 MW green hydrogen project in Tamil Nadu
2 days ago
Rashmi Group commits INR 350 billion to expand industrial footprint in West Bengal
2 days agoFinance Monitor
AIG expands Latin American footprint through acquisition of Everest Colombia
American International Group has signed a definitive agreement to acquire 100% of Everest Group’s Colombian insurance subsidiary. Scheduled to close in early 2027, the acquisition absorbs licensed operations and underwriting teams to accelerate commercial property and casualty growth in South America.
NextEra Energy and Dominion Energy announce all-stock merger to form premier North American power utility
NextEra Energy and Dominion Energy have entered into a definitive agreement to merge in an all-stock transaction. The combination will establish the world's largest regulated electric utility, consolidating 110 gigawatts of generation capacity and serving 10 million customer accounts across four high-growth states.
OnEMI Technology Solutions to invest ₹6375 million in subsidiary Si Creva Capital Services IPO proceeds
OnEMI Technology Solutions has approved the use of ₹6375 million from its IPO fresh issue proceeds to invest in its wholly owned subsidiary Si Creva Capital Services, subscribing to 3 million equity shares at ₹2,125 per share on a rights basis.
Tech Watch
Roche strengthens digital oncology diagnostics with acquisition of PathAI for $750 million upfront
Roche has signed a definitive merger agreement to acquire digital pathology and artificial intelligence developer PathAI for $750 million upfront and up to $300 million in milestone payments, scaling its automated clinical workflows globally.
Grant Thornton acquires MCA Connect to strengthen AI and supply chain advisory for manufacturers
Grant Thornton Advisors LLC has signed an agreement to acquire MCA Connect, a Denver-based Microsoft top-tier partner. The move expands the firm’s technology and supply chain capabilities for manufacturing and distribution clients amid rising AI adoption and governance gaps in the sector.
YEIDA secures over Rs 50 billion in new investments as solar manufacturing drives industrial expansion in Uttar Pradesh
Uttar Pradesh has announced over ₹50 billion in investments for the YEIDA region, led by CESC Green Power’s ₹38.5 billion 3 GW solar cell and module unit on 100 acres, alongside projects in electronics, IT, railways, and garment manufacturing, expected to generate more than 12,000 jobs.