M&A
Portions of CBI report in Aircel-Maxis case found in Chidambaram’s house?
09 Feb 2018
The CBI filed an FIR in the AircelMaxis case in 2011, alleging that the then telecom minister, Dayanidhi Maran, had arm-twisted C Sivasankaran into selling his company Aircel to the Maxis Group
Walmart offers to sweeten valuation for large stake in Flipkart
08 Feb 2018
Walmart Stores Inc is offering to double the valuation of Flipkart to about $20 billion for a large stake in the Indian ecommerce major, in its bid to take on Amazon in the online retail space
ArcelorMittal to sell entire 29% stake in Uttam Galva at Re1 a share
06 Feb 2018
ArcelorMittal, which is planning to make a strong pitch for distressed assets, has to get rid of the tag of the promoter of a stressed asset in order to become an eligible bidder for stressed assets on the block
Broadcom to sweeten hostile bid for Qualcomm to $120 bn
05 Feb 2018
Broadcom is likely to raise its acquisition offer to about $80 to $82 per share, as Qualcomm had dismissed Broadcom's earlier proposal of $70 per share as not being worth considering
Winning bidder for Air India to be known by June-end: Sinha
03 Feb 2018
The government will complete the privatisation of Air India by the end of this year and the winning bidder is likely to be known by end June, union minister of state for civil aviation Jayant Sinha says
Malaysia Airports exits Hyderabad, sells its stake to GMR
03 Feb 2018
GMR Airports has entered into an agreement with Malaysia Airports Holdings Berhard to acquire the 11 per cent stake the Malaysian firm holds in GMR Hyderabad International Airport for $76.05 million
Dell considering options like merger with VMware or IPO
03 Feb 2018
Dell Technologies yesterday confirmed that it is considering several options, including merging with VMware or a public offering of Dell
BigBasket raises $300 mn from investors led by Alibaba
03 Feb 2018
BigBasket, operated by Supermarket Grocery Supplies Pvt Ltd, has raised $300 million in a Series E funding round led by Alibaba Group Holding Ltd with Sands Capital, International Finance Corp and Dubai-based Abraaj Capital
Ranbaxy’s Singh bros must pay Daiichi Rs3,500 cr, rules HC
01 Feb 2018
In a petition filed at the Delhi HC, Daiichi had sought to enforce collection of Rs3,500-crore arbitration award it won at a Singapore tribunal in 2016 against Ranbaxy
M&M acquires 26% stake in Omnivore-backed MITRA
31 Jan 2018
Investors want Avon to sell itself
29 Jan 2018
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