India Dealbook: RIL acquires drone maker; Embibe buys MockBank; Mastek divests stake

India Dealbook: RIL acquires drone maker; Embibe buys MockBank; Mastek divests stake

Photo: Mint

India’s M&A landscape is abuzz with action. While Reliance Industries Ltd has bought a little over 51 per cent stake in drone maker Asteria Aerospace, ed-tech firm Embibe has bought online test preparation startup MockBank. IT firm Mastek Ltd, on the other hand, has sold two-fifths of its holding in Majesco Ltd’s American subsidiary,

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