M&A
GMR Group to sell 74% stake in expressway to IIF to raise equity
18 Sep 2013
Infrastructure group GMR will divest 74-per cent stake in GMR Ulundurpet Expressways Private Limited, as it pursues its 'asset light' strategy
ONGC, Shell may block China’s Sinochem's Brazilian offshore oil block bid
17 Sep 2013
ONGC and Shell are likely to exercise their right of first refusal, with the Anglo-Dutch giant raising its stake by 20 per cent to 25 per cent, and OVL taking another 10 per cent and 15 per cent
Packaging Corp to buy rival Boise for $1.27 bn
17 Sep 2013
UK government to sell 6% stake in Lloyds Banking Group
17 Sep 2013
The British government yesterday said that it will sell about 6 per cent of part-nationalised Lloyds Banking Group, worth about £3.3 billion ($5.3 billion) via an institutional investor placement
Apollo Tyres' $2.5-bn acquisition of Cooper Tire hits union hurdle
16 Sep 2013
An arbitrator has ruled that Cooper cannot sell two plants in the US to Apollo unless the Indian company first reaches an agreement with the workers of those plants
Lockheed Martin acquires British IT Amor Group
13 Sep 2013
Dell shareholders approve Michael Dell's $25-bn offer
13 Sep 2013
Dell Shareholders today approved Michael Dell's offer to take the company private for $25 billion, ending six months of bitter opposition from billionaire activist investor Carl Icahn
Time Inc acquires American Express Publishing Corp
12 Sep 2013
New York-based AmEx has been compelled to sell its magazines unit since US banking regulations bar financial firms from undertaking non-financial activities
UltraTech to buy 51% in Jaypee Cement unit for Rs4,000 crore
11 Sep 2013
The Aditya Birla Group firm will acquire a 51-per cent stake in Jaypee Cement’s 5 million tonne per annum Gujarat facility
Cisco enters data storage business with Whiptail acquisition
11 Sep 2013
With this acquisition, though Cisco will enter the $50-billion enterprise storage industry, the deal could affect its existing partnerships EMC and NetApp, both of whom make storage systems-based on flash memory chips
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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