M&A
Sell-out not on cards, Azim Premji assures Wipro staff
06 Jun 2017
The rumours follow reports that Premji, who owns a 73.25 per cent stake in Wipro, took home 63 per cent less compensation for the last financial year as the country’s third largest software exporter saw profits declining due to shifts in business and technology
Rcom and Aircel to merge as Aircom
05 Jun 2017
CBI to probe AI-IA merger, other aviation deals under UPA
30 May 2017
The agency today registered three First Information Reports and a preliminary enquiry (PE) to go into the controversial decisions by the UPA government with regard to the two national carriers, including surrender of profitable routes to favour private airlines
Flipkart, Snapdeal sign term sheet for all-stock merger
24 May 2017
The merged entity will create a stronger competitor to global online retailer Amazon, which is using all available means to establish itself as leader in the Indian online market place
Huntsman, Clariant to merge into a $20bn chemicals giant
22 May 2017
With a combined enterprise value of $20 billion, HuntsmanClariant would offer a wide array of chemicals such as polyurethanes, pigments, automotive fluids, additives and resins that are used across industries ranging from aerospace to agriculture to household-cleaning.
Merck KGaA mulls splitting into three companies
17 May 2017
German diversified conglomerate Merck KGaA is mulling shifting its chemicals, healthcare and biotech supplies operations into separate entities next year so that the three business units could be better managed
US tech giant Apple acquires Lattice Data
15 May 2017
Toshiba misses results deadline again, projects $8.4-bn loss
15 May 2017
Toshiba has missed a 15 May deadline to file its annual results, but warned that it was likely to report a net loss of $8.4 bn for the financial year ended 31 March 2017
Snapdeal staff may get Rs193 cr payoff after merger with Flipkart
15 May 2017
In an unusual move, Snapdeal’s founders Kunal Bahl and Rohit Bansal may distribute $30 crore, half of their expected payout of $60 crore, among all employees after the expected merger with Flipkart
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