M&A
SEBI, CCI seek clarity on Jet-Etihad deal
23 May 2013
While SEBI is worried that the stock purchase has been kept at 24 per cent to skirt the mandatory open offer, CCI is concerned that the stake sale seems to give Etihad a larger hold on the domestic airline
ONGC’s $5-bn bid for stake in Kashagan oilfield hangs in balance
By By Ravi Kunder | 22 May 2013
ONGC will have to wait until 2 July to find out the fate of its proposed $5 -billion acquisition of ConocoPhillips 8.4-per cent stake in the giant Kashagan oilfield. Ravi Kunder reports
Sprint Nextel boosts takeover offer for Clearwire
22 May 2013
Sprint Nextel Corp, the third-largest wireless operator in the US, has sweetened its buyout offer by about 14 per cent for approximately 50-per cent stake that it does not currently own in rival Clearwire
Merck & Co to buy back $5-bn worth stock
22 May 2013
Merck, the second-largest US drugmaker, will repurchase about 99.5 million shares from Goldman Sachs at current market prices
3i makes a 2.3x return on the sale of Xellia
21 May 2013
Vista Equity to buy net security firm Websense for $907 mn
21 May 2013
US online security firm Websense Inc yesterday agreed to be taken private by Vista Equity Partners for about $907 million.
Actavis to acquire Irish specialty drug maker Warner Chilcott for $5 bn
20 May 2013
Warner Chilcott makes a range of products that include well-known oral contraceptives Loestrin 24 FE, Femcon FE and Ovcon
China buys stakes in key Australian power assets
18 May 2013
The world's biggest utility company by revenue, State Grid Corp of China (SGCC), which is also the world's seventh-largest company, is planning to buy stakes in Australian power assets worth billions of dollars
Latest articles
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