M&A
Swiss aviation firm shows interest in bidding for Air India
09 Apr 2018
Aviation advisory firm Swiss Aviation Consulting (SAC) has reportedly shown interest in bidding for India’s national carrier, but experts say it does not look serious as the firm may only be scouting for clients
UltraTech hopes to acquire Binani Cement with backing from lenders
09 Apr 2018
Ultratech’s chances of winning Binani Cement, however, depend on the Supreme Court’s decision on the legality of awarding the bankrupt business to another bidder after the Dalmia Bharat-Bain Piramal consortium was declared winner
Walmart finishes due diligence on Flipkart, may pay $10-12 bn for stake
07 Apr 2018
US retail giant Walmart has completed due diligence as it looks to take a stake of 51 per cent or more in the Indian company. Amazon too is reportedly weighing a rival offer, but Walmart appears a more likely suitor
SC clears Rcomm's sale of mobile business to Jio
05 Apr 2018
Centre may completely exit Air India, ask LIC to pick up stake
05 Apr 2018
Selling its residual stake in Air India, soon to be privatised, to state-owned Life Insurance Corp would help allay potential investors’ concerns about possible government interference in the airline’s operations
Amazon may make rival bid to buy Flipkart: report
04 Apr 2018
Online retail giant Amazon may submit an offer to buy Indian e-commerce firm Flipkart, which is currently in talks with Walmart Inc for a stake sale
Centrum Group to sell money exchange business
03 Apr 2018
Ola acquires Ridlr
03 Apr 2018
SoftBank invests $400 million in Paytm Mall
03 Apr 2018
Vedanta set to take control of Electrosteel with Rs5,000 crore offer
31 Mar 2018
While Vedanta has offered nearly Rs5,000 crore for Electrosteel, which owes lenders close to Rs11,300 crore, the creditors have to complete the insolvency resolution process by 17 April
UltraTech gets CCI nod for Binani Cement bid
29 Mar 2018
Manipal Hospitals acquires Fortis’ hospitals business
28 Mar 2018
The merger will create the largest hospital services provider in the country by revenue while also providing a strong promoter and shareholder base to both FHL’s hospitals businesses and SRL
Govt to divest 76% stake in Air India and Air India Express, 50% in AISATS
28 Mar 2018
The government on Wednesday approved the strategic disinvestment of the state-owned carrier Air India, through sale of a majority stake in the airline
Manipal, Fortis hospitals pursuing merger deal
27 Mar 2018
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Hariman Sharma lets apple travel to India’s warmer climes
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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
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Crypto Currencies Trying To Undermine Global Financial System
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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
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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
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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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