M&A
Seagate to acquire Xyratex
26 Dec 2013
News Corp acquires Storyful
21 Dec 2013
Karnataka HC annuls United Spirits’ stake sale to Diageo
21 Dec 2013
Without going into the legalities of the stake sale, the court ruled that USL’s stock cannot be transferred without the consent of its creditors
Hong Kong’s PCCW to buy back CSL New World Mobility for $2.4 bn from Telstra
20 Dec 2013
Telstra holds 74.6-per cent stake in CSL, while the remaining 23.4 per cent is held by New World, a Hong Kong-based property development and telecommunications company
AstraZeneca to acquire Bristol-Myers Squibb’s stake in diabetes business
20 Dec 2013
The acquisition will boost AstraZeneca's presence in the emerging markets, where diabetes is a fast-growing problem and by 2030, is expected to accout of two-thirds of the world's diabetic population
Bayer to acquire cancer drug maker Algeta
19 Dec 2013
Bayer and Algeta are partners in the sale of the prostate cancer drug Xofigo, which the US FDA had approved in May
Blackstone buys three US power plants from Direct Energy
19 Dec 2013
Blackstone has been interested in the power industry ever since it raised $2.5 billion last year for its first fund dedicated to investments in the energy sector
Facebook acquires SportsStream
18 Dec 2013
Future Group sells 22.5% in life insurance business to IITL for Rs1,500 crore
18 Dec 2013
The divestment leaves Future Group with a majority 52 per cent stake in Future Generali India Life Insurance
Yahoo acquires content delivery network PeerCDN
18 Dec 2013
UK retailer Tesco set for India venture with Tatas
17 Dec 2013
Tesco, which already has a franchise agreement to provide support to Tata Group’s Trent's Star Bazaar chain, has sought approval from the Foreign Investment Promotion Board for the investment
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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