M&A
Cabinet approves proposal to sell REC to PFC
07 Dec 2018
Hindustan Unilever to merge GSK Consumer Healthcare
03 Dec 2018
The all-stock merger includes GSK CH India’s entire operations, including a consignment selling contract to distribute GSK CH India’s Over-the-Counter and Oral Health products in India
SC clears Rcom asset sale to Reliance Jio
30 Nov 2018
The Supreme Court today directed Anil Ambani-led Reliance Communications Ltd to furnish corporate guarantees of Rs1,400 crore to the centre and asked the latter to grant an NOC for RCom-Jio deal within a week from receiving the corporate guarantee
TCS acquires BridgePoint Group in the US
29 Nov 2018
Naresh Goyal offers to sell controlling stake in Jet Airways: report
28 Nov 2018
Goyal is now convinced that no investor, not just Tata Group, would want to invest in Jet if Goyal retains control over the company
Amazon set to acquire 9.5% stake in Future Retail for Rs2,000 cr
28 Nov 2018
While the initial investment will be in the form of portfolio investment, a deal could include Amazon buying out Biyani and promoter group’s entire holding in the future, subject to applicable regulations in India, say reports
Flipkart is now 81.3% Walmart
21 Nov 2018
The move, amidst a controversial exit of co-founder Binny Bansal and an expected rise in annual earnings of Flipkart, leaves the remaining shareholders with a mere 18.639 per cent stake
GAIL, Getco seek rejection of ArcelorMittal’s Essar Steel bid
20 Nov 2018
Essar Steel Asia Holding Ltd, the promoter of Essar Steel, had proposed to pay Rs54,389 crore that would cover all dues of the financial and operational creditors
Tatas scanning Jet Air books for potential acquisition: report
13 Nov 2018
While Tatas have the necessary resources and Jet Airways needs immediate cash injection to pay much delayed salaries to employees and payments to aircraft leasing companies, there is no certainty of a deal
Tata Steel, Thyssenkrupp joint venture faces deeper EU probe
31 Oct 2018
The European Commission is reported to have stated that its initial probe “raised several issues,” especially relating to combining the companies’ offer of certain specialty flat carbon steel and electrical steel products
ArcelorMittal wins bankrupt Essar Steel despite Ruias’ last ditch effort
26 Oct 2018
Once all regulatory processes are completed, ArcelorMittal, the world’s top steel maker, will jointly own and operate ESIL in partnership with Nippon Steel and Sumitomo Metal Corporation, Japan’s largest steel producer and the third largest steel producer in the world
Tata Group eyes controlling stake in Jet Airways
19 Oct 2018
The diversified Tata Group, which owns majority stakes in two airline joint ventures - Vistara and AirAsia India - is now looking to expand its presence in the aviation sector
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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
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