M&A
Toshiba sells Westinghouse to Canada’s Brookfield for $4.6 billion
06 Jan 2018
Bankrupt US nuclear firm Westinghouse Electric Co, which nearly brought its parent company Japan’s Toshiba on the brink of collapse, is being sold to Canadian buy-out firm Brookfield Business Partners
Kalanick to sell 29% of his stake in Uber amid SoftBank deal
05 Jan 2018
Former Uber Technologies Inc chief executive officer Travis Kalanick, who has long boasted that he has never sold any shares in the company he co-founded, plans to sell about 29 per cent of his stake in the ride-hailing company
Mukesh Ambani acquires RCom’s wireless assets to bail out brother Anil
29 Dec 2017
Reliance Jio will acquire 122.4 MHz of 4G spectrum in the 800/900/1800/2100 MHz bands, over 43,000 towers, 1,78,000 kilometres of fibre and 248 media convergence nodes in the deal
DLF completes Rs9,000-cr stake sale in rental arm to GIC
27 Dec 2017
With the closure of the deal, DLF promoters have received Rs8,950 crore from GIC and another Rs1,600 crore from the rental arm, DLF Cyber City Developers Ltd
Anil Ambani announces new debt resolution plan for RCom
27 Dec 2017
Without any loan write-off, under the new strategic debt resolution plan, RCom will be repaying up to Rs17,000 crore loans out of proceeds from monetisation of spectrum, tower and fibre assets
Reliance Infra to sell its Mumbai power assets to Adani for $2.93 bn
21 Dec 2017
The transaction marks Adani Group’s entry into the power distribution sector in Mumbai and an increase in the group’s footprint in the power transmission
Germany's Delivery Hero sells Foodpanda to Ola
20 Dec 2017
The deal involves the transfer of Foodpanda's India business to Ola in exchange for Ola shares, with Ola committing to invest $200 million in the new business
Oracle to buy Australian cloud-based software developer Aconex for $1.2 bn
18 Dec 2017
Melbourne-based Aconex is a cloud-based solution that manages team collaboration for construction projects and digitally connects owners, builders and other teams, providing management of data, documents and costs across all stages of a construction project lifecycle
Walt Disney to acquire 21st Century Fox for $52 bn
14 Dec 2017
The deal marks an expansion of Walt Disney’s global reach while bringing to a close more than half a century of expansion by Murdoch, who turned a single Australian newspaper he inherited from his father into one of the world’s largest news and film conglomerates
Latest articles
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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