M&A
L&T to raise $1-1.5 bn through sale of stake in non-core business; focus on smart cities
12 Jun 2015
Diversified engineering giant L&T is raising resources to invest in three key segments - smart cities, smart communication systems and security solutions
Hess Corp sells half of Bakken midstream assets for $2.68 bn
12 Jun 2015
Hess intends to use the sale proceeds to strengthen its balance sheet in the volatile oil price environment for future growth and share buybacks
Johnson Controls to spin off auto parts business
11 Jun 2015
Australian regulator raises concerns over $1.2-bn TPG-iiNet deal
11 Jun 2015
The acquisition will create Australia’s second-biggest provider of fixed-line broadband services, behind telecom giant Telstra’s Big Pond and ahead of SingTel’s Optus and M2 Group’s Dodo and iPrimus
Tokio Marine Holdings agrees to acquire HCC Insurance Holdings for $7.5 bn
10 Jun 2015
Tokio Marine Holdings Inc today said it will acquire US-based HCC Insurance Holdings Inc for $7.5 billion, in the biggest overseas deal ever made by a Japanese non-life insurance company
Eurotunnel sells MyFerryLink to rival DFDS
08 Jun 2015
Sahara clinches Rs5,500-cr debt deal for London, US hotels: report
08 Jun 2015
Billionaire brothers David and Simon Reuben are reported to have acquired control of Sahara Group’s iconic Grosvenor House hotel in London and two US properties in a $850-million debt refinance deal
Brazilian billionaire mulling bid for Diageo: report
06 Jun 2015
London-based Diageo owns some of the world’s leading beverage brands, including Johnnie Walker whisky, Smirnoff vodka, Tanqueray gin, Don Julio tequila and Guinness beer
Vodafone, Liberty Global in talks to swap `select assets’: report
06 Jun 2015
Reports did not rule out possible merger moves that would see one of the largest deals ever, with Liberty Global currently valued about $89 billion and Vodafone topping $140 billion in valuation
UK govt to offload remaining 30% stake in Royal Mail for £1.5 bn
05 Jun 2015
The five-centuries-old Royal Mail was privatised in 2013, when the government offloaded 70-per cent stake in the postal service through a London initial public offering
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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