M&A
Teva plans to raise bid for rival drugmaker Mylan to $42 bn
07 Jul 2015
Teva and Mylan's product offerings are highly complementary and, together, would create the broadest portfolio in the global pharmaceuticals industry, with a combined pipeline of over 400 applications for new drugs
PayPal to buy digital money transfer provider Xoom Corp for $890 mn
02 Jul 2015
Ahead of its July spin off from parent eBay, PayPal Inc today struck a deal to buy digital money transfer service provider Xoom Corp to expand into China, India, Mexico, the Philippines and Brazil
US government moves to block GE’s appliance business merger with Electrolux
02 Jul 2015
The proposed acquisition of GE's appliance's business would have seen Electrolux's sales more than double in the US market from around $2.6 billion to $4 billion
S Africa sells Vodacom stake for $2 bn to raise cash for power utility
02 Jul 2015
The S African government has sold its entire stake in mobile phone operator Vodacom Group Ltd to raise funds needed to bail out struggling power utility Eskom Holdings SOC Ltd
GE to sell European private equity financing unit to Sumitomo Mitsui Bank for $2.2 bn
01 Jul 2015
The move comes just two days after GE agreed to sell its vehicle-fleet businesses in the US, Mexico, Australia and New Zealand to Canada's Element Financial for $6.98 billion
Canadian mining giant Potash Corp to buy German rival K+S AG for nearly €8 bn
30 Jun 2015
PotashCorp, the world's largest potash producer and the third-largest producer of nitrogen and phosphate, is keen to combine with K+S, Europe's largest supplier of potash and the world's largest salt producer
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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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