M&A
Flying cars come closer to reality as Volvo parent buys Terrafugia
16 Nov 2017
In a huge confidence boost for the nascent ‘flying car’ industry, Volvo’s Chinese parent company Geely announced this week that it has completed its acquisition of Terrafugia, a startup founded by MIT engineers and MBA students
Crisil acquires data analytics firm Pragmatix
15 Nov 2017
Amazon Web Services denies reports of China exit
14 Nov 2017
Vodafone, Idea selling their tower business to ATC for Rs7,850 cr
13 Nov 2017
Vodafone India and Idea Cellular, which are in the process of being merged, will receive Rs3,850 crore and Rs4,000 crore respectively from the tower sale to ATC Telecom Infrastructure in a deal which will not affect the terms of the merger
AT&T-Time Warner deal hits Trump wall
09 Nov 2017
With critics, who include US President Donald Trump, saying the merger would concentrate media power, regulators have reportedly proposed the sale of CNN to sweeten AT&T-Time Warner deal
Arvind to demerge apparel, engineering businesses
09 Nov 2017
After having demerged its real estate business, $1.5-billion conglomerate Arvind Ltd is now carving out its branded apparel and engineering businesses from the parent company
Broadcom reported in $100-bn bid to buy out rival chipmaker Qualcomm
04 Nov 2017
Buying Qualcomm would transform Broadcom into the third-largest chipmaker behind Intel and Samsung, and make it the leader in chips used in the more than 1 billion smartphones sold each year
Torrent to acquire Unichem’s business in India for Rs3,600 crore
04 Nov 2017
Unichem’s India business comprises a portfolio of more than 120 brands in India and Nepal, manufacturing plant at Sikkim and more than 3,000 employees
Starbucks to sell Tazo tea brand to Unilever
04 Nov 2017
Novartis buys out cancer specialist AAA in $3.9 bn deal
01 Nov 2017
The move would give Novartis a platform in radiopharmaceuticals and access to a new therapy for the kind of cancer that killed Apple founder Steve Jobs