M&A
UK govt to offload remaining 30% stake in Royal Mail for £1.5 bn
05 Jun 2015
The five-centuries-old Royal Mail was privatised in 2013, when the government offloaded 70-per cent stake in the postal service through a London initial public offering
Teva pressures takeover target Mylan with 1.8% stake buy
03 Jun 2015
Analysts expect Teva to make a sweetened formal bid for Mylan after raising its stake to the 4.6 per cent threshold, because once it tables a formal bid, it cannot buy Mylan shares from the market
HSBC to axe up to 20,000 jobs: report
03 Jun 2015
HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing
Intel acquires Altera for $17 bn
02 Jun 2015
Intel, the world’s largest computer chip maker, hopes to offset slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres
RIL, Pioneer sell US pipeline network JV to Enterprise Products for $2.15 bn
02 Jun 2015
RIL is also planning to exit the Eagle Ford Basin oil and natural gas joint venture with Pioneer, for which it has hired Citigroup to find buyers for its 45-per cent stake
UB Group to buy shares from Zuari to equal stake in MCFL
01 Jun 2015
The move comes after the Zuari Group helped UB Group to successfully stave off a takeover bid by rival Deepak Fertilisers
S Korea's Lotte Group to buy The New York Palace Hotel for $805 mn
01 Jun 2015
The acquisition of The New York Palace Hotel is the latest move by Lotte to expand globally
Latest articles
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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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