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TCS to Acquire Coastal Cloud for $700 Million

By BPN News Desk December 11, 2025
Business
Tata Consultancy Services (TCS) has announced that it will acquire Coastal Cloud, a US-based Salesforce consulting and cloud services firm, in an all-cash $700 million deal. This marks TCS’s biggest acquisition since its 2004 IPO. The transaction is expected to close by January 31, 2026,
Business Finance

RBI Supports Lifting of Acquisition Financing Curbs

By BPN News Desk November 7, 2025
Reserve Bank of India (RBI) Governor Sanjay Malhotra has stated that the recent removal of restrictions on bank financing for corporate acquisitions will boost the real economy. The move follows regulatory changes permitting banks to provide funding for acquisitions, subject to safeguards such as limiting financing to 70% of deal value and placing debt-to-equity caps. […]
Business

Infosys to Buy 75% Stake in Versent for Rs 1,300 Cr

By BPN News Desk August 14, 2025
Infosys has announced that it will acquire a 75% stake in Australia’s Versent Group, a cloud-services subsidiary of Telstra, for approximately AUD 233.3 million (around Rs 1,300 crore). The acquisition is subject to regulatory approvals and is expected to close in the second half of fiscal 2026. Terms of the Deal Under the agreement, Infosys […]

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