M&A
Novartis to split pharmaceuticals division into two business units
18 May 2016
Swiss drugmaker Novartis AG yesterday said that it is splitting its pharmaceuticals division into two business units, Novartis Pharmaceuticals and Novartis Oncology
Konecranes to only buy Terex's Material Handling and Port Solutions business for $1.3 bn
17 May 2016
Five SBI associates may merge into a new state bank
17 May 2016
The proposal, mooted by All India Bank Employees' Association (AIBEA), is reported to have the backing of union finance minister Arun Jaitley
Warren Buffett reveals more than $1 bn stake in Apple
17 May 2016
Apple’s stock, which has lost about a third of its value over the past year, rose by 4 per cent yesterday after Berkshire Hathaway revealed the stake
Pfizer to buy Anacor Pharmaceuticals for $5.2 bn
16 May 2016
Raymond in talks with KKR, Blackstone to sell a 20% stake in its branded apparel business
16 May 2016
Warren Buffett teams up with Dan Gilbert to bid for Yahoo
16 May 2016
The consortium has tabled a leading bid and is among the several suitors who have moved into the second round of bidding for Yahoo
Pfizer blocks sale of lethal injections for executions
14 May 2016
Pfizer Inc, the largest US pharmaceutical company, yesterday said that it will block its drugs being used in lethal injections, effectively cutting off supply of the drug used by states for executions
Sanofi prepares to replace Medivation's board
14 May 2016
French drug giant Sanofi SA is preparing to follow through with its threat to replace Medivation Inc's board of directors for refusal to engage in talks on its $9.3-billion unsolicited takeover offer
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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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