M&A

Tatas reclaim Air India in Rs18,000-cr bid
08 Oct 2021
Tata group bid more than Rs5,000 crore over the Rs12,906 crore reserve price set by the government to acquire 100 per cent shares of Air India along with its shareholding in AIXL and AISATS, but excludes Air india’s non-core assets, including land and building, valued at Rs14,718 crore

Air India soon to be back in Tata hangar
01 Oct 2021
The Tata group is reported to have bid Rs3,000 crore more than the reserve price set by the government and also agreed to acquire 15 per cent of the airline’s debt, as part of its proposal for the national carrier

Piramal Group completes Rs34,250-cr acquisition of Dewan Housing
29 Sep 2021
With 301 branches, 2,338 employees and over 1 million lifetime customers, the combined entity – PCHFL - hopes to be a dominant player in the fast growing affordable housing segment

Total to invest $27 bn in energy projects in Iraq’s Basra region
06 Sep 2021
The agreements include construction of a new gas gathering network and treatment units to supply the local power stations, with Total Energies also bringing its expertise to optimise oil and gas production of the Ratawi field, by building and operating new capacities

RIL set to acquire Europe's top solar panel maker REC Group for $1.2-1.5 bn: report
01 Sep 2021
A successful deal would help bolster the business portfolio of Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd

Prosus to acquire 100% equity in BillDesk, merge with PayU
31 Aug 2021
The proposed acquisition will make PayU one of the major online payment providers globally with some $147 billion in annual payment volume while the combination is expected to create a financial ecosystem handling four billion transactions annually - four times PayU’s current level in India

Reliance buys rights to manufacture consumer electronics brands BPL, Kelvinator
30 Aug 2021
Reliance will be manufacturing and selling BPL products, which may include air-conditioners, refrigerators, washing machines, television sets, fans and light bulbs, and may start production of new products under the brand, say reports

ReNew Power lists on Nasdaq at a valuation of $4.5 billion
25 Aug 2021
ReNew Power, India’s largest renewable energy company, got listed on the Nasdaq in the US on Tuesday, at a valuation of $4.5 billion,

Reliance Retail to take controlling stake in Just Dial for Rs3,497 cr
19 Jul 2021
Reliance Retail Ventures Ltd will acquire up to 40.95 per cent equity stake in Just Dial as preferential and promoter equity and also make an open offer to its public shareholders to acquire another 26 per cent equity shares, in accordance with the Sebi Takeover Regultions

AT&T to merge media assets with Discovery in $43 bn deal
17 May 2021
As per the terms of the cash and debt deal, AT&T's shareholders would receive stock representing 71 per cent of the new company, while Discovery shareholders would own 29 per cent of the new company
Latest articles
Featured articles

Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.

The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES

Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.

As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.

The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)

The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.

Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!

COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.

What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
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