Firms/companies
Minority shareholders reject Ruias’ $1.5-bn Essar Energy buy-out offer
24 Feb 2014
Minority shareholders in Essar Energy have rejected a $1.5 billion (£900 million) bid by majority shareholder Ruias to acquire 22- per cent shares of the company saying the offer undervalued the group
Bayer close to bagging cancer drug maker Algeta for $2.9-bn
24 Feb 2014
German healthcare major Bayer AG today said that it is close to completing its $2.9-billion acquisition of Algeta, after 92.17 per cent shareholders of the Norwegian cancer drug maker tendered their shares to the offer
Minority shareholders of Swedish truck maker Scania reject VW $9.21 bn bid
24 Feb 2014
Scania is one of the world's leading manufacturers of trucks and buses for the heavy transport industry, and of industrial and marine engines
Sahara case helps SEBI crackdown on dubious investment schemes
24 Feb 2014
The Supreme Court intervention in the high-profile Sahara case has helped the market regulator bring to book the operators of at least five ‘illicit’ money-pooling schemes.
Infosys’ to invest Rs425 cr in its biggest Indian campus at Mohali
24 Feb 2014
The Infosys campus is coming up on 50 acres of land allotted by the Punjab government as a SEZ for IT/ITeS units
Google acquires ad-fraud detection specialist Spider.io
22 Feb 2014
The acquisition will help Google to instill confidence among its advertisers that the money they are spending on online ads are for their ads being clicked on by real people and not by botnets
Google to expand 1-gigabit per second broadband speed to 34 US cities
21 Feb 2014
Google Inc yesterday announced that it plans to expand its Google Fibre high-speed broadband coverage to 34 cities across eight states in the US – a move that will eat into the subscribers of competitors like AT&T, Time Warner Cable and Comcast
HP revenues beat forecasts
21 Feb 2014
Activist investor Nelson Peltz renews call to split PepsiCo
21 Feb 2014
Activist investor Nelson Peltz has once renewed his campaign to split up PepsiCo, a week after the food and beverage giant headed by CEO Indra Nooyi said that it would not spin off its North-American beverage business
Airtel to move Nigeria’s SC after losing $3-mn dispute in Lagos high court
21 Feb 2014
Bharti Airtel said the disputed shares are in an escrow account and the judgement would have no impact on the stake of Bharti Airtel or other Airtel Nigeria shareholders
Shell to sell Australian downstream businesses to Swiss-based oil trader Vitol for $2.6 bn
21 Feb 2014
Shell has recently sold its refineries in the UK, Germany, France, Norway and the Czech Republic, downstream businesses in Egypt, Spain, Greece, Finland and Sweden to focus on upstream exploration and production
Featured articles
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.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
Business History Videos
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