M&A
GE to merge Baker Hughes to create a $30 bn oilfield services giant
31 Oct 2016
With $32 billion in combined revenues, and operations in over 120 countries, the “New” Baker Hughes will be the second-largest oilfield services provider
Japan’s top 3 shippers to merge container ops amid downturn
31 Oct 2016
Nippon Yusen KK, Mitsui OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd said they will integrate their container shipping operations to create the world's sixth-largest player, joining a growing trend of consolidation in an industry battling its worst-ever downturn
Tata Group’s aviation hopes soar with Ratan Tata back at helm
29 Oct 2016
Media reports say Tata has increased its stake in AirAsia India over time to 49 per cent from 30 per cent for an undisclosed sum while approving infusion of $37 million in Vistara, its joint venture with Singapore Airlines
Baker Hughes, GE in oil-field services partnership talks
28 Oct 2016
Baker Hughes is a leading supplier of oilfield services, products, technology and systems to the worldwide oil and natural gas industry
GE to buy 75% in German 3D printing maker Concept Laser for $599 mn
28 Oct 2016
The move comes a day after GE abandoned its €683-million takeover offer for German 3D printer maker SLM Solutions Group
Qualcomm to buy NXP Semiconductors for $39 bn
27 Oct 2016
Qualcomm Inc, the world’s biggest chip maker, today struck a deal to buy NXP Semiconductors NV for $39 billion in a bid to emerge as the world's largest automotive chip supplier
Embraer to pay $205 mn to settle bribery charges
25 Oct 2016
HNA Group to buy about 25% in Hilton from Blackstone Group for $6.5 bn
25 Oct 2016
The deal comes five months after the Beijing-based company acquired Radisson and Country Inns & Suites hotel chain owner Carlson Rezidor Hotel Group, for an undisclosed sum
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