M&A
Binny Bansal sells 0.33% in Flipkart to Walmart for $76.4 million
24 Jun 2019
Binny Bansal, who had earlier also sold a small portion of his residual stake in Flipkart, owned 3.52 per cent stake in Flipkart before the latest sale of 5,39,912 shares to Walmart
Vedanta chief eyes NMDC, rest of HZL and other mining PSUs
24 Jun 2019
Agarwal, whose Sterlite Copper has been shut over charges of causing pollution and already owns 64.9 per cent stake in Hindustan Zinc Ltd, said the government should divest its stake in NMDC, HZL, Hindustan Copper, Kolar Gold Fields and Uranium Corporation as also Shipping Corporation of India
ONGC Videsh, partners to invest $20bn in Mozambique LNG project
20 Jun 2019
ONGC Videsh holds a 16 per cent stake in the Mozambique Rovuma Area-1 Offshore Project, while Bharat PetroResources Ltd the investment arm of Bharat Petroleum Corporation Ltd, and Oil India Ltd also hold stakes in the project
Pfizer to acquire cancer drug maker Array Biopharma for $10.6 bn
18 Jun 2019
Array’s Braftovi and Mektovi, launched last July for the deadliest form of skin cancer at a price of $22,000 per month, had sales of around $72 million over their first nine months, besides revenue from royalty and licensing deals
Dassault expands life sciences business with $5.8 billion Medidata deal
14 Jun 2019
French aerospace and defence major Dassault Systemes has been expanding its operations into digital transformation and life sciences industry beginning 2012
CCI gives conditional nod for Schneider’s acquisition of L&T unit
07 Jun 2019
CCI has approved Schneider Electric’s acquisition of the electrical and automation business of Larsen & Toubro Limited on condition that the acquirers reserve a part of L&T’s installed capacity to offer white labelling services to third party competitors
L&T raises equity holding in Mindtree to 28.90%
07 Jun 2019
OBC, Indian Bank and Corp Bank to combine in third PSB merger: report
06 Jun 2019
Once the merger goes through, the new entity will have combined deposits estimated at Rs6,60,000 crore and advances of Rs4,80,000 crore
International Paper to sell its India business to West Coast Paper
30 May 2019
Depending on the open offer, WCPM will acquire 51-60 per cent of APPM’s shares at Rs275 per share from IP for a total of around Rs660 crore
Fiat Chrysler proposes 50:50 merger with Renault
28 May 2019
The Fiat Chrysler Automobiles and Groupe Renault combination together with its Nissan and Mitsubishi partners would be the largest global OEM alliance, selling more than 15 million vehicles annually
CCI approves GSK-Pfizer consumer healthcare JV
24 May 2019
Latest articles
Featured articles
Server CPU Shortages Grip China as AI Boom Strains Intel and AMD Supply Chains
By Cygnus | 06 Feb 2026
Intel and AMD server CPU shortages are hitting China as AI data center demand surges, pushing lead times to six months and driving prices higher.
Budget 2026-27 Seeks Fiscal Balance Amid Rupee Volatility and Industrial Stagnation
By Cygnus | 02 Feb 2026
India's Budget 2026-27 targets fiscal discipline with record capex as markets tumble, the rupee weakens and manufacturing struggles to regain momentum.
The Thirsty Cloud: Why 2026 Is the Year AI Bottlenecks Shift From Chips to Water
By Axel Miller | 28 Jan 2026
As AI server density surges in 2026, data centers face a new bottleneck deeper than chips — the massive water demand required for cooling next-generation infrastructure.
The New Airspace Economy: How Geopolitics Is Rewriting Aviation Costs in 2026
By Axel Miller | 22 Jan 2026
Airspace bans, sanctions and corridor risk are forcing airlines into costly detours in 2026, raising fuel burn, reducing aircraft utilisation and pushing airfares higher worldwide.
India’s Data Center Arms Race: The Battle for Power, Cooling, and AI Real Estate
By Cygnus | 22 Jan 2026
India’s data centre boom is turning into an AI arms race where power contracts, liquid cooling and fast commissioning decide the winners across Mumbai, Chennai and Hyderabad.
India’s Oil Balancing Act: Refiners Rebuild Middle East Supply Lines as Russia Flows Disrupt
By Axel Miller | 21 Jan 2026
India’s refiners are rebalancing crude sourcing as Russian imports fell to a two-year low in December 2025, lifting OPEC’s share and raising geopolitical risk concerns.
Arctic Fever: How ‘Greenland Tariff’ Politics Sparked a Global Flight to Safety
By Axel Miller | 20 Jan 2026
Greenland-linked tariff threats have injected fresh uncertainty into transatlantic trade, triggering a risk-off shift in markets and reshaping global supply chain planning.
The New Oil (Part 5): Friend-Shoring, Supply Chain Fragmentation and the Cost of Resilience
By Cygnus | 19 Jan 2026
Friend-shoring is reshaping lithium, rare earth and graphite supply chains, creating a resilience premium and new winners and losers in clean tech.
The New Oil (Part 4): Can Technology Break the Dependency?
By Cygnus | 16 Jan 2026
Can magnet recycling and rare-earth-free motors reduce global dependence on strategic minerals? Part 4 explores breakthroughs, limits and timelines.

