M&A
Investors want Avon to sell itself
29 Jan 2018
ONGC to sell stake in IOC, GAIL, but only when price is right
23 Jan 2018
The oil explorer has got government approval to sell its stake in Indian Oil Corp and GAIL to help its Rs37,000 crore acquisition of Hindustan Petroleum Corp, though the immediate funds will come from short-term borrowing
ONGC to borrow Rs35,000 crore to finance government’s HPCL divestment
22 Jan 2018
In the first-ever debt programme, ONGC board has approved raising of the company’s borrowing limit from Rs25,000 crore to Rs35,000 crore, chairman and managing director Shashi Shanker has said
SoftBank wants Uber to focus on US, Europe and LatAm: report
20 Jan 2018
Softbank has high stakes in all major ride-hailing companies, including Uber and its Chinese rival Didi and India’s Ola, and it wants all of them to make money