Retail
China's Sanpower Group buys House of Fraser for $750 mn
05 Apr 2014
The historic, 165 year-old British department retail chain, House of Fraser, was yesterday sold to one of China's largest privately-owned business conglomerates
Tatas’ Croma to adopt Best Buy-style sales strategy
03 Apr 2014
The 'store pickup' concept allows customers to order items online and pick them up later from the store
Wal-Mart sues Visa for $5 bn over card swipe fees
28 Mar 2014
Wal-Mart, the world's largest retailer alleges that Visa and all major banks conspired to fix the fees that retailers paid to accept their credit and debit cards
Shopper wins 16-year laptop-payment battle
27 Mar 2014
Temasek acquires 24.9% in Li Ka-shing's A S Watson Co for $5.7 bn
21 Mar 2014
Temasek Holdings, Singapore’s sovereign wealth fund, today agreed to buy a 24.9-per cent stake in billionaire Li Ka-shing's health and beauty chain A S Watson
Men's Wearhouse finally seals $1.8-bn deal to acquire Jos A Bank
14 Mar 2014
The transaction is one of those rare deals where Jos A Bank initially tabled a hostile bid for its larger rival, but ended up being acquired by Men's Wearhouse
EBay Inc rejects Icahn’s nominees to its board
11 Mar 2014
Flipcart confident of crossing $1bn in e-retail sales by month-end
10 Mar 2014
Flipkart, the pioneering Indian e-retailer that has seen popular success but is yet to show a profit, on Sunday announced that it will cross $1 billion mark in sales this year, a year ahead of schedule
Blackstone acquires 20% stake in Versace
28 Feb 2014
New York-based PE firm Blackstone will buy a 20-per cent stake through a capital infusion share purchase from a holding company controlled by the Versace family
eBay raises Snapdeal stake for Rs829 crore
27 Feb 2014
With the current round of funding, the total investments raised so far by Snapdeal is over Rs2,457 crore
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
.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
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