Fair trade regulator The Competition Commission of India said it has cleared the proposed merger of France's Alstom Power Holdings SA and domestic industrial player Kalyani Group.

Moped, a messaging platform startup, had been acquired by local cloud-based software startup 6Wunderkinder, according to the former's announcement on its website. Financial details of the transaction were not disclosed.

Indian airport developer GMR Infrastructure has put up for sale its stake in Istanbul airport Sabiha Gokcen International Airport. Malaysia Airports Holdings, which already owns a 20% stake in the Turkish airport, is looking to buy GMR's 40% holding.

The Reserve Bank of India recently announced that multinational companies can hike their stakes in Indian arms without its approval. Many MNCs are now looking to increase their stakes, go for a merger or de-list their local units.

With the reported bid for Time Warner Cable said to be readied by Charter Communications dominating the news, the New York Post reported that Cablevision may soon be approached by private equity players.

The merger of US Foods with Sysco has spoiled the plans for a $62 million US Foods expansion project in Seabrook, New Hampshire, a report said.

Google Inc. on Friday announced that it had completed the purchase of engineering and robotics company Boston Dynamics. Boston Dynamics is the eight robotics firm that the Internet giant has acquired in the last half-year.

Honeywell International Inc.'s board of directors has approved the buyback of as much as $5 billion in stock. The American conglomerate has 784.7 million shares outstanding and a market value of $67.7 billion.

Intel Corp., the world's largest chipmaker, has put up for sale its Internet-based pay-TV startup OnCue. Telecom company Verizon Communications Inc. is said to be nearing a deal to acquire OnCue.

A Wall Street Journal report about a possible bid from rival Sprint Corp spurred the rise of T-Mobile shares, the largest increase since October 2012, Bloomberg reported.