M&A
Universal Music, Sony to buy EMI from Citigroup for $4.1 billion
14 Nov 2011
EMI, the 114 year-old London-based gramophone company that was home to artists like the Beatles and Pink Floyd, was sold over the weekend in an auction to Vivendi's Universal Music Group and Sony for $4.1 billion
Caterpillar offers to buy China’s ERA Mining Machinery for $885 million
11 Nov 2011
After acquiring mining equipment maker Bucyrus International Inc for $8.6 billion last November, Caterpillar moves to consolidate its position in the mining segment through the Chinese acquisition.
Germany's largest retailer Edeka in race to buy Dutch retail chain C1000 for €1-bn
11 Nov 2011
Edeka Group, Germany’s largest retailer is in the race to buy the Netherlands' supermarket chain C1000 for an estimated €1 billion.
PepsiCo acquires Brazil's cookie and cracker producer Grupo Mabel
11 Nov 2011
PepsiCo outbid global rivals Bunge Inc and Mexico's Grupo Bimbo to acquire one of Brazil's biggest cookie and cracker producers's.
Hewlett-Packard mulls selling webOS unit: report
09 Nov 2011
Adobe to cut 750 jobs amid major business re-jig
09 Nov 2011
Buffett acquires stock worth $20 bn as markets tumble
08 Nov 2011
In a quarter that is believed to have been the worst for US stocks after the financial crisis, billionaire investor Warren Buffett went on a $20-bn shopping binge
Camera-maker Olympus admits to window-dressing books
08 Nov 2011
In a complete reversal of earlier denials, Japanese camera- and copier-maker Olympus Corp, today admitted that it had made a series of acquisitions and inflated payments to intermediares in the past to hide hefty losses.
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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