M&A
Azim Premji joins with Prudential of US to bid for Star Health
06 Mar 2018
US insurer Prudential and Wipro founder Azim Premji are joining forces to challenge a consortium of WestBridge Capital and Kedaara Capital, besides others, in the fight for a controlling stake in Star Health and Allied Insurance
Will dump Ruia if it interferes with Essar Steel bid: Numetal
05 Mar 2018
The consortium led by VTB Capital said it is prepared to drop Rewant Ruia as a minority shareholder if the government decides it is against the rules to allow promoters a backdoor entry into sick units. Senior VTB official Makram Addoud also said ArcelorMittal’s bid is illegal and it is acting as a ‘spoiler’
ArcelorMittal forms JV with Nippon Steel to acquire Essar Steel
03 Mar 2018
ArcelorMittal has signed a joint venture agreement with Nippon Steel and Sumitomo Metal Corporation (NSSMC) to bid for Essar Steel India Limited, which is being auctioned by its creditors
Ackman calls off disastrous $1-bn bet against Herbalife
01 Mar 2018
Billionaire investor William Ackman had called Herbalife a massive fraud and got into a public spat with Carl Icahn on the issue. He now admits he was wrong, and has unloaded his remaining positions in the firm
Amazon to acquire video doorbell-maker Ring
28 Feb 2018
Comcast’s $22 bn bid for Sky throws up multiple possibilities
28 Feb 2018
US cable giant Comcast’s $22.1-billion bid for the UK’s Sky network tops the $10.75 a share offer from Rupert Murdoch’s 21st Century Fox, and with Disney as a possible third bidder, the race is wide open
ArcelorMittal keen to bag Essar Steel, says it will be perfect fit
28 Feb 2018
"The growth in the Indian market in the next 10 years would probably not be seen in any other market," ArcelorMittal executive vice president Brian Aranha said while explaining the importance of Essar Steel to his firm
General Mills to buy pet food maker Blue Buffalo for $8 billion
24 Feb 2018
US cereal foods company General Mills Inc will buy Blue Buffalo Pet Products Inc for nearly $8 billion as it looks to tap the growing pet foods market to offset falling sales for branded processed food items
Federal Bank buys 26% stake in Equirus Capital
23 Feb 2018
Dredging Corp staff keen to buy out govt stake
22 Feb 2018
Daiichi case: thwarted in SC, Singhs may return to Singapore courts
17 Feb 2018
Brothers Malvinder and Shivinder Singh are “evaluating the option to challenge the ... award in Singapore courts” after the Supreme Court upheld a high court verdict that they must pay Daiichi Sankyo $546 million
Walmart eyes over 40% stake in Flipkart: report
16 Feb 2018
With over 40-per cent stake in Flipkart, the Bentonville, Arkansas headquartered Walmart and nearly 6,363 stores across the globe could emerge as a fierce competitor to Amazon in India
Bharti Airtel in talks to globally list African arm BAIN BV
16 Feb 2018
The move is seen as part of Airtel’s efforts to monetise its non-core assets and strengthen its war chest for the bruising battle triggered by Reliance Jio Infocomm in India
Latest articles
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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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