M&A
Tata Steel exits Riversdale with A$1 billion stake sale
16 Jun 2011
Tata Steel would, however, keep its 35 per cent stake in a Riversdale unit that owns coal assets in Mozambique and look to enhance participation in the Benga joint venture.
Citigroup garners Rs1061cr from HDFC stake sale
15 Jun 2011
Glencore mulls $19.5-bn bid for Kazakh ferrochrome producer ENRC
13 Jun 2011
The government of Kazakhstan, which owns 11.65 per cent of ENRC, the world's largest ferrochrome producer, has also reportedly given its nod to the deal.
Eni to sell Trans-Austria Gas pipeline to Cassa Depositi e Prestiti for $675 million
11 Jun 2011
Italian gas and oil company Eni SpA's decision to sell an 89-per cent stake in the Trans-Austria Gas pipeline TAG, is aimed at settling an antitrust dispute with the European regulators
RIL to acquire Bharti stake in AXA insurance JV
10 Jun 2011
The deal gives AXA an option to acquire from RIL and RIIL up to 24 per cent shareholding in both the insurance companies as and when the FDI regulations permit such holding.
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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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