Industry
Safran tables €10 bn takeover offer for Zodiac Aerospace
19 Jan 2017
French aircraft engine maker Safran SA is reported to have tabled a friendly €10-billion ($10.6 billion) takeover offer for aerospace equipment and systems maker Zodiac Aerospace
Bertelsmann in talks to buy remaining stake in Penguin Random House from Pearson
19 Jan 2017
A successful deal would give Pearson about £1.2 billion, and allow it to use the proceeds to strengthen its balance sheet and return excess capital to shareholders
BAT to take full control of Reynolds American for $49.4 bn
17 Jan 2017
Besides bringing together a portfolio of global brands such as Newport, Kent and Pall Mall, the acquisition will create world’s largest listed tobacco company by revenue and market value
French lensmaker Essilor to buy Italy's Luxottica for $24 bn
17 Jan 2017
French lensmaker Essilor International SA yesterday struck a deal to buy Italy's Luxottica Group SpA, for about €22.8 billion ($24 billion) in stock, in order to become the world’s largest player in the €95-billion eyewear market
E-waste in East and Southeast Asia jumps 63% in 5 years
16 Jan 2017
With per capita consumption of gadgets, appliances and products with a cord or battery rising quickly with incomes, a report has urged a clampdown on improper recycling and disposal to conserve resources and avoid serious health and environment threats
Luxottica and Essilor agree on €45-bn merger of equals: report
16 Jan 2017
Italy's Luxottica Group SpA and France's Essilor International plan to create a giant in the global eyewear industry through a merger of equals
KKR to buy Hitachi's power tools unit for $1.3 bn
13 Jan 2017
Founded in 1948, Hitachi Koki manufactures power tools and life-science instruments
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Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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
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