M&A
Consolidation of smaller oil PSUs via M&As in offing
02 Feb 2017
While the large oil firms like ONGC and HPCL will be left alone, the mergers will happen in the smaller and standalone firms to enable them to compete with global giants
Reckitt Benckiser in talks to buy baby formula maker Mead Johnson for $16.7 bn
02 Feb 2017
A successful deal would be Reckitt Benckiser’s biggest-ever acquisition, surpassing its 2010 purchase of Durex condom maker SSL International Plc for about £2.5 billion
Vodafone confirms merger talks with Idea Cellular
30 Jan 2017
A merger of the second-largest telco, Vodafone India, and Idea, the third-largest player, would create India's largest telecom player by revenue and subscribers, toppling Bharti Airtel
Wipro to acquire InfoSERVER
25 Jan 2017
Cisco Systems to buy software firm AppDynamics for $3.7 bn
25 Jan 2017
Cisco has swooped in on AppDynamics just ahead of the latter’s planned IPO, paying a relatively high price as it searches for growth beyond its core networking business