M&A
€41-bn Holcim-Lafarge merger gets conditional US, Canadian nod
05 May 2015
The merger of two of the world's biggest cement companies, Switzerland's Holcim and Paris-based Lafarge, will create the world's biggest cement maker with a market cap of $50 billion and annual sales of nearly $43 billion
Future Retail and Bharti Retail announce merger
04 May 2015
The merger will create one of India’s foremost retail networks with a national footprint of over 570 retail stores in multiple formats across 243 cities
Charter reaches out to Time Warner Cable over potential merger
04 May 2015
The move comes a few days after TWC and Comcast Corp abandoned their $45.2-billion merger over opposition from consumers and the federal regulator
Aditya Birla Group merges apparel brands into Rs5,290-cr business
04 May 2015
The company said the move would enable Aditya Birla Nuvo to unlock value for the shareholders by consolidating its branded apparels businesses
GE to meet EC objections over proposed Alstom SA takeover
02 May 2015
The European Commission last month announced an extension of its investigation over concerns the takeover would see an increase in gas turbine prices
Fortis to sell Singapore subsidiary to Fullerton for Rs530 crore
02 May 2015
After having been thwarted by the Malaysian regulator in its attemptt to sell RadLink-Asia to IHH Healthcare, Fortis has struck a sale deal with Singapre's Fullerton Healthcare
Pfizer is unnamed bidder for Swedish rare disease firm Orphan Biovitrum
02 May 2015
Pfizer’s interest in rare diseases first became evident in December 2009, when the company licensed the worldwide rights to taliglucerase alfa, a product that treats the genetic disorder Gaucher disease
Spectrum Brands to buy car care products maker Armored AutoGroup for $1.4 bn
29 Apr 2015
US consumer products company Spectrum Brands Holdings Inc yesterday struck a deal to buy car care products maker Armored AutoGroup Parent Inc from private equity firm Avista Capital Partners
XPO Logistics to buy French rival Norbert Dentressangle for $3.53 bn
29 Apr 2015
The acquisition brings to XPO's fold access to Europe's largest fleet network of 7,700 owned trucks, 3,200 trucks contracted through owner-operators and access to an additional 12,000 independent carriers
Barrick Gold to sell stake in Chilean copper mine
28 Apr 2015
Barrick reported a 35-per cent plunge in net income to $57 million in the first quarter on the back of a 6 per cent fall in gold prices and a 17 per cent decline in the price of copper
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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.
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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