M&A
JSW Energy close to acquiring JSPL power plant for Rs5,200 cr
22 Mar 2016
Sajjan Jindal's JSW Energy is close to acquiring the 1,000-MW power plant of younger brother Navin's Jindal Steel and Power in Raigarh district of Chhattisgarh
Marriott hikes bid for Starwood Hotels & Resorts to $13.6-bn revised
21 Mar 2016
The Marriott-Starwood deal would create the world's largest hotel chain with more than 5,500 hotels and 1.1 million rooms across brands that include Marriott International, Ritz-Carlton, JW Marriott, Sheraton, Ritz Carlton, the Autograph Collection, Westin, Le Meridien, St. Regis, and Aloft.
Monsanto eyes Bayer’s CropScience unit
21 Mar 2016
KKR to buy Airbus Group's defence electronics unit for $1.2 bn
19 Mar 2016
Airbus Group’s defence electronics business makes components for radars, optronics, electronic warfare and border control applications
Google’s parent Alphabet to sell robotics company Boston Dynamics
18 Mar 2016
US defence organisations like Defense Advanced Research Projects Agency, the US Army, Navy and Marine Corps and private companies like Sony consult Boston Dynamics on creating advanced robots
Blackstone close to buying HP’s controlling stake in MphasiS for about $940 mn
18 Mar 2016
HP, which holds around 60.5 per cent stake in MphasiS, is keen to exit from MphasiS in order to strengthen its balance sheet
Canon to buy Toshiba's medical equipment business for $5.9 bn
17 Mar 2016
As part of a 5-year strategic transformation initiative, launched early this year, Canon will expand its healthcare business, integrating it within the safety and security sector, as a next-generation pillar of growth
Subrata Roy’s Plaza Hotel to be auctioned for mortgage defaults
By By Ravi Kunder | 17 Mar 2016
The five-star hotel off Central Park is majority owned by Subrata Roy’s Sahara India Pariwar, which defaulted on the mortgage payments By Ravi Kunder
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