M&A
US regulators grant conditional approval to Abbott’s acquisition of St. Jude Medical
28 Dec 2016
US antitrust regulators yesterday approved Abbott Laboratories proposed $25-billion acquisition of medical device maker St. Jude Medical Inc on condition that it divests two medical device businesses
ONGC to acquire 80% in GSPC’s KG basin gas block for $995 mn
24 Dec 2016
ONGC will pay part consideration of $200 million to GSPC towards future consideration for six discoveries other than Deen Dayal West Field in the KG basin
Tata Steel to acquire Brahmani River Pellets for Rs900 cr
24 Dec 2016
Tata Steel will acquire 100-per cent stake in Brahmani River Pellets in a Rs900-crore all-cash deal, in a move that would help the company secure raw material and reduce costs at its Kalinganagar steel unit in Odisha
Chinese bourses set to acquire 40% in Pakistan Stock Exchange
23 Dec 2016
The consortium of buyers include China Financial Futures Exchange Company, the Shanghai Stock Exchange and the Shenzhen Stock Exchange besides local FIs Pak-China Investment Company and Habib Bank
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