M&A
BT raises Tech Mahindra divestment to 14.1 %
31 Aug 2012
The British company sold the sales through open market transactions on both BSE and NSE
Orchid sells API, R&D unit to Hospira for Rs1,113 crore to reduce debt
30 Aug 2012
The businesses sold accounted for around 23 per cent of the total sales of the company last year
BT sells part stake in Tech Mahindra for Rs556 crore
30 Aug 2012
The London-based £21-billion telecom giant, has been looking to divest its stake in Tech Mahindra since 2008, but had to put its plans on hold following the stock market collapse due to the global recession
Japanese AC maker Daikin to acquire Goodman Global for $3.7 bn
30 Aug 2012
JapaneseAC maker, Daikin Industries Ltd, yesterday finally struck a deal to buy US rival Goodman Global Inc, for $3.7 billion
First Reserve, SK Capital to buy chemicals firm TPC for $850 mn
28 Aug 2012
US specialty chemical maker TPC Group yesterday agreed to sell itself to private equity firms First Reserve Corporation and SK Capital Partners, in a deal valued at $850 million
L&T sells off plastics arm to Toshiba Machine
27 Aug 2012
L&T to divest stake in infrastructure arm
27 Aug 2012
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Featured articles
The remarkable Ratan Tata
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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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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
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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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