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Sun Pharma FDA nod for Leqselvi as alopecia drug fight heats up against Pfizer and Eli Lilly

Sun Pharma FDA nod for Leqselvi as alopecia drug fight heats up against Pfizer and Eli Lilly

Sun Pharma’s big US bet is paying off. After spending over INR 4,688 crore to buy Concert Pharma, the company secured rights to Leqselvi for hair growth in alopecia areata patients. The drug has now received US FDA approval, but insiders say the real contest with global giants like Pfizer and Eli Lilly is only beginning.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
TCS makes its biggest AI bet with Coastal Cloud and a TPG data center JV

TCS makes its biggest AI bet with Coastal Cloud and a TPG data center JV

Tata Consultancy Services is shifting fast in the AI race. After layoffs and a slimmer bench, it has made its largest-ever acquisition, Coastal Cloud, for $700 million, and launched an AI-focused data-centre JV with TPG. The move signals a strategic reversal as TCS tries to catch up with the AI acquisitions it previously avoided.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Wipro signs 71 million Alpha Net deal to gain clients and teams

Wipro signs 71 million Alpha Net deal to gain clients and teams

Wipro has struck a $71 million acquisition deal to take over key client contracts and related employees from Alpha Net Group. Beyond the upfront value, the transaction includes deferred earnout-linked payments tied to meeting performance conditions. The company expects to complete the deal by June 30, 2026.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bret Taylor’s Sierra buys YC backed AI startup Fragment to sharpen customer service agents

Bret Taylor’s Sierra buys YC backed AI startup Fragment to sharpen customer service agents

Bret Taylor’s AI customer service startup Sierra has acquired YC-backed French company Fragment. The deal signals Sierra’s push to expand the capabilities of its customer support agents by bringing Fragment’s AI technology in-house. Details of the acquisition were shared by Sierra, underscoring continued consolidation in AI tooling aimed at improving service speed and quality.

Summarised by Beize from a story on TechCrunch on 24 Apr 2026
Accenture pushes AI deals hard Can Indian IT match the cost and risk

Accenture pushes AI deals hard Can Indian IT match the cost and risk

Accenture is accelerating AI-focused acquisitions, signaling a shift for large firms that once stayed on the M&A sidelines. For Indian IT, deals in the AI era could expand market share, but they may also strain return on invested capital. The question now is whether Indian IT is willing to pay that ROIC trade-off and integrate faster than competitors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
William Penn buys Sheaffer to expand premium pen share in India

William Penn buys Sheaffer to expand premium pen share in India

William Penn has acquired the iconic American writing instrument brand Sheaffer, positioning the deal as a chance to align with Indian customers’ tastes. The company says Sheaffer commands a 15% share in India’s premium writing instruments segment for pens priced above $10, signaling potential growth as the brand leverages its established reputation.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Adani buys Penna Cements for INR 10422 crore how it reshapes the infra strategy

Adani buys Penna Cements for INR 10422 crore how it reshapes the infra strategy

Adani is back in acquisition mode, agreeing to buy Hyderabad-based Penna Cements for INR 10,422 crore. The move raises the question of how cement assets strengthen the Adani Group’s broader infrastructure push, from controlling key inputs to supporting future construction demand. Analysts will be watching what this means for capacity, pricing power, and project timelines.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Lyft buys Gett UK black cab app to grow driver network abroad

Lyft buys Gett UK black cab app to grow driver network abroad

Lyft is set to expand internationally by acquiring Gett’s UK taxi business, the app tied to London’s black-cab network. The deal is expected to close soon, with Gett’s UK team moving to Freenow. The purchase adds a large new driver base for Lyft in the UK and follows earlier Lyft-linked acquisitions such as Freenow and TBR Global Chauffeuring.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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