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FMCG;Mergers & Acquisitions

Reliance Industries consolidates FMCG Pportfolio under New RCPL following internal demerger

Reliance Industries has completed the transfer of its consumer brands business into New Reliance Consumer Products Ltd, making the entity an 83.56% direct subsidiary. The restructuring streamlines ownership of the FMCG portfolio and simplifies the group’s retail and consumer products structure.

India | 5 days ago

Mergers & Acquisitions

JD acquires majority stake in Ceconomy in strategic European retail expansion

JD secures 59.8% stake in German electronics retailer Ceconomy, with total control reaching 85.2% alongside partner Convergenta. The deal, pending regulatory approval, marks JD's strategic move into overseas markets.

5 days ago • China

Mergers & Acquisitions

US Commerce Department to invest up to $150 million in in chip laser startup

The U.S. Department of Commerce plans to invest up to $150 million in xLight, a startup developing free-electron laser systems for semiconductor lithography. The proposed funding marks the first investment under the administration’s semiconductor R&D framework.

5 days ago • United States

Mergers & Acquisitions

DreamFolks Services acquires a majority stake in Dubai's Easy to Travel

DreamFolks Services will acquire a 60.24% stake in Dubai-based Easy to Travel for ₹360 million, marking a strategic pivot toward international airport services distribution. The transaction supports DreamFolks’ diversification beyond domestic lounge operations and expansion into global travel markets.

5 days ago • United Arab Emirates

Mergers & Acquisitions

LT Foods makes €25 million move into Europe’s canned food market with Global Green Europe Acquisition

LT Foods announced that it has signed an agreement to acquire Hungary-based Global Green Europe Kft. for an enterprise value of approximately €25 million, marking its foray into the European canned and processed food market.

5 days ago • Hungary;India

Mergers & Acquisitions

Boyd Group announces $1.3 billion deal to acquire Joe Hudson's Collision Center, expanding U.S. Footprint

The Boyd Group has entered into an agreement to acquire Joe Hudson's Collision Center (JHCC) from TSG Consumer Partners in a $1.3 billion deal. The acquisition will add 258 U.S. collision repair facilities to Boyd’s network, strengthening its presence in the fast-growing Southeast region.

5 days ago • United States

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Transportation | 2 days ago

Frankfurt Airport and Bangalore International Airport sign MOU to deepen Europe-India air cargo integration

Frankfurt Airport and Bangalore International Airport have formalised a strategic air cargo partnership to strengthen trade flows between Europe and India. The agreement focuses on digitalisation, regulatory streamlining, and operational coordination to enhance supply chain efficiency amid shifting global market conditions.

Transportation | 2 days ago

Indian Railways approves INR 8.7 billion network upgrade to boost capacity across Rajasthan, Kerala and West Bengal

Indian Railways has cleared infrastructure projects worth approximately INR 8.72 billion spanning maintenance depots and corridor upgrades across three zones. The investments target higher passenger throughput, improved freight efficiency and reduced congestion in key rail corridors linked to ports and industrial regions.

Transportation | 3 days ago

Bengaluru Suburban Railway positions 148-km network as congestion and emissions solution

Karnataka’s 148-km Bengaluru Suburban Railway Project is expected to carry nearly 1.9 million passengers daily and significantly reduce surface congestion by integrating with Metro, rail and bus systems. The Rs.23,342 crore initiative aims to modernise urban mobility while lowering emissions and improving multimodal connectivity.

Infrastructure | 6 days ago

Ministry of National Guard issues tender for rainwater drainage network in Riyadh medical warehouses

Saudi Arabia’s Ministry of National Guard - Health Affairs has launched a tender to establish a rainwater drainage network at King Abdulaziz Medical City in Riyadh. The project aims to enhance infrastructure resilience and operational efficiency across medical storage facilities, supporting continuity of healthcare services.