M&A
Rio Tinto to sell around $8-bn worth global aluminium assets
17 Oct 2011
Rio Tinto has put 13 aluminum businesses worth billions of dollars in six countries for sale , just four years after it made a highly-leveraged but ill-timed acquisition of Canadian aluminium group Alcan Inc for $38.1 billion in 2007
LN Mittal-backed Ophir Energy to acquire Dominion Petro acquisition
17 Oct 2011
The acquisition will give Ophir the largest independent net deepwater acreage portfolio in the emerging and highly prospective hydrocarbon region of East Africa.
Unilever to buy Russian skincare company Concern Kalina for $694 million
15 Oct 2011
Unilever is acquiring Russian skincare company OAO Concern Kalina to expand in the Russian market
Hewlett-Packard rethinks spinning-off PC unit
14 Oct 2011
Infosys denies talks over Thomson Reuters healthcare business
13 Oct 2011
Infosys Ltd today said it was not in talks to acquire the healthcare business of Thomson Reuters Corp
Infosys keen to buy Thomson Reuters healthcare vertical
13 Oct 2011
The healthcare unit of Thomson Reuters supplies healthcare data and analysis to customers including corporates, government departments and healthcare professionals.
Mallya sells 42.5-% stake in Force India F1 team to Subroto Roy for $100 million
13 Oct 2011
The two businessmen signed a deal in Delhi on Wednesday, following which they will have an equal, 42.5 per cent share in the venture.
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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
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