M&A
Comcast’s $22 bn bid for Sky throws up multiple possibilities
28 Feb 2018
US cable giant Comcast’s $22.1-billion bid for the UK’s Sky network tops the $10.75 a share offer from Rupert Murdoch’s 21st Century Fox, and with Disney as a possible third bidder, the race is wide open
ArcelorMittal keen to bag Essar Steel, says it will be perfect fit
28 Feb 2018
"The growth in the Indian market in the next 10 years would probably not be seen in any other market," ArcelorMittal executive vice president Brian Aranha said while explaining the importance of Essar Steel to his firm
General Mills to buy pet food maker Blue Buffalo for $8 billion
24 Feb 2018
US cereal foods company General Mills Inc will buy Blue Buffalo Pet Products Inc for nearly $8 billion as it looks to tap the growing pet foods market to offset falling sales for branded processed food items
Federal Bank buys 26% stake in Equirus Capital
23 Feb 2018
Dredging Corp staff keen to buy out govt stake
22 Feb 2018
Daiichi case: thwarted in SC, Singhs may return to Singapore courts
17 Feb 2018
Brothers Malvinder and Shivinder Singh are “evaluating the option to challenge the ... award in Singapore courts” after the Supreme Court upheld a high court verdict that they must pay Daiichi Sankyo $546 million
Walmart eyes over 40% stake in Flipkart: report
16 Feb 2018
With over 40-per cent stake in Flipkart, the Bentonville, Arkansas headquartered Walmart and nearly 6,363 stores across the globe could emerge as a fierce competitor to Amazon in India
Bharti Airtel in talks to globally list African arm BAIN BV
16 Feb 2018
The move is seen as part of Airtel’s efforts to monetise its non-core assets and strengthen its war chest for the bruising battle triggered by Reliance Jio Infocomm in India
ArcelorMittal, Ruias and Tatas to vie for debt-laden Essar Steel
12 Feb 2018
The liquidation value of Essar Steel, which operates a 10 million tonne capacity steel plant in Hazira, Gujarat, has been fixed at Rs20,000 crore, according to sources
ONGC-led group buys 10% stake in Abu Dhabi oilfield for $600 mn
12 Feb 2018
The investment by ONGC follows ADNOC signing a deal last year to store about 6 million barrels of oil at India’s Mangalore storage site, signalling increased cooperation in oil sector investments by India and the UAE
Airtel asks Trai for fresh consultations on predatory pricing, IUC compliance
10 Feb 2018
Bharti Airtel has sought transparent pricing norms and rules to define whether a particular tariff is non-discriminatory, non-predatory and compliant with the principles of IUC
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India’s Millet Revolution To Enrich Global Food Basket
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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