M&A
Men's Wearhouse finally seals $1.8-bn deal to acquire Jos A Bank
14 Mar 2014
The transaction is one of those rare deals where Jos A Bank initially tabled a hostile bid for its larger rival, but ended up being acquired by Men's Wearhouse
Tilaknagar Industries buys out IFB Agro’s spirits business
13 Mar 2014
The acquisition will add brands like Leonov, Russki (vodka), Goldcup, Benjamin (brandy), Jubilation, Baluba (rum) and 3 Cheers (whisky) to Tilaknagar Industries’ expanding sprits portfolio
EBay Inc rejects Icahn’s nominees to its board
11 Mar 2014
GSK spends $1.05 bn to raise stake in Indian arm
11 Mar 2014
GlaxoSmithKline Plc (GSK) yesterday said that it has paid £625 million ($1.05 billion) to increase its stake in its Indian subsidiary GSK Pharmaceuticals to 75 per cent
Banana suppliers Chiquita and Fyffes to merge in $1.07 bn deal
11 Mar 2014
The new company, to be called ChiquitaFyffes, would hold 14 per cent of the $7-billion global banana market, and have annual revenue of $4.6 billion.
German construction giant Hochtief to raise stake in Australia’s Leighton
10 Mar 2014
Sydney-based Leighton Holdings is the parent company of the Leighton Group, one of the world's leading construction contractors and the world's largest contract miner
Unilever makes decade's biggest investment in Chinese water purifier maker Qinyuan
10 Mar 2014
Unilever, whose brands include Dove, Sunsilk, Axe and Lipton, said that its Pureit purifiers and Qinyuan’s product range offer different and complementary performance and price points and will enable the combined business to offer a complete range of products
IOC to buy 10% in Petronas’s Canadian shale-gas assets, LNG project for $900 mn
08 Mar 2014
Under the deal, IOC will get 1.2 million tonnes of LNG per annum, or 10 per cent of the Pacific Northwest LNG project's production, for a minimum period of 20 years
Gates, Nadella opposed Nokia acquisition: report
07 Mar 2014
Cinven eyes $2.5 bn from sale of UK hospital chain Spire Healthcare
07 Mar 2014
Spire is a leading provider of private healthcare, with 37 private hospitals throughout the UK employing over 7,600 people and treating over 9 million patients annually
Yahoo acquires Vizify social media visualiser
06 Mar 2014
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Featured articles
The remarkable Ratan Tata
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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
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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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