- Social networking giant Facebook has acquired a small Indian start-up Little Eye Labs, which helps users analyse and optimise their mobile apps.
Indian companies were active on the mergers and acquisitions stage with deals worth $1.31 billion in November, taking the 11-month tally this year to $26.76 billion.
Accountancy and advisory major Grant Thornton found that corporates in the country announced 458 deals in the January-November period this year, amounting to $26.76 billion.
- The Oil and Natural Gas Corporation’s (ONGC) overseas arm, ONGC Videsh Limited (OVL), will acquire a 10 per cent stake in a Mozambique gas field from US energy major Anadarko Corp for $2.6 billion. The deal, which marks OVL’s fourth such global acquisition this year, will take the combined holding of OVL and...