M&A
Hotel Leelaventure to raise Rs600 crore through 14.5-% stake sale to PE funds
05 Mar 2011
The company plans to raise about Rs250 crore through the sale of commercial property in Chennai, and another Rs400 crore from projects in Pune and Hyderabad
UK govt nod for Newscorp-BSkyB merger
04 Mar 2011
The UK government has cleared the way for media baron Rupert Murdoch to acquire TV news broadcaster BskyB, a merger likely to create a giant media company in the UK.
Volkswagen acquires Porsche Holding Salzburg for $4.56 billion
02 Mar 2011
Volkswagen plans to integrate the automotive business of Porsche with itself while keeping Porsche Holding as an independent organisational unit
Equinox Minerals bids $4.9-bn for Lundin Mining
01 Mar 2011
The offer from Equinox came about six weeks after Lundin agreed to a merger with fellow copper miner Inmet Mining to create a C$9-billion copper company Symterra Corp through an all-stock transaction
Tata Steel to sell Corus Teesside assets to Thailand’s Sahaviriya Steel for $469 million
25 Feb 2011
Valeo to acquire Japanese auto supplier Niles
23 Feb 2011
State Bank to merge remaining 5 associate banks in 18 months
23 Feb 2011
SBI chairman O P Bhatt says the merger of subsidiaries is a systematic process and all assocaite banks will offer products, services and processes of similar nature and will be migrated to the same core banking technology
BP to shed UK upstream assets
23 Feb 2011
Forest Laboratories to acquire Clinical Data for $1.2 billion
23 Feb 2011
The acquisition will allow Forest to leverage its existing presence in the anti-depressant category through the launch of Viibryd.
Latest articles
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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