M&A
Greybull to buy Tata’s UK long steel arm for £1
12 Apr 2016
Turnaround specialist Greybull Capital has made it clear that its purchase of Tata Steel’s Long Products Europe division will involve no job losses, but the deal is still subject to a ballot by the union
Tata Steel UK sells long products business to Greybull
11 Apr 2016
Tata Steel UK Limited today announced the signing of an agreement to sell its loss-making long products business to a family-controlled investment firm, Greybull Capital
Shareholders approve Starwood Hotels - Marriott merger
11 Apr 2016
Shareholders of Starwood Hotels & Resorts Worldwide Inc and Marriott International Inc have approved the $13.6-billion cash-and-stock merger deal to create the world's largest hotel operator
Daily Mail explores bid for Yahoo
11 Apr 2016
London-based Daily Mail, whose business interest include media, energy, education, insurance, and property, is interested in Yahoo’s news and media properties
Airtel buys Aircel’s 4G spectrum for Rs3,500-cr to operate pan-India
09 Apr 2016
Airtel has made three acquisitions over past two-three years, including last month’s Rs4,428-cr acquisition of Videocon’s 4G spectrum in the 1800 MHz band in six circles, to equip itself for competition with Ambani startup Reliance Jio
Income-Tax Dept to contest HC order in Vodafone case
08 Apr 2016
The union government has decided to file an appeal before the Supreme Court contesting a major portion of the Bombay High Court order in the Rs8,500-crore Vodafone call centre case
UK minister Sajid Javid meets Tatas’ Mistry in Mumbai
07 Apr 2016
UK business secretary Sajid Javid had a two-hour meeting on Thursday with Tata chief Cyrus Mistry and other officials to discuss the contours of the sale of Tata Steel’s UK assets, with the British government anxious to avoid job losses
Pfizer calls halt to $160bn merger with Allergan: report
06 Apr 2016
The decision comes after the US Treasury unveiled new rules that proposed to limit companies’ ability to participate in inversion transactions if they have been engaged in acquisitions within the past 36 months
Future Group completes all-cash buyout of FabFurnish
06 Apr 2016
The all-cash transaction will see the Future Group bring its entire portfolio of home furnishings and decor business under the FabFurnish brand, while also mixing e-business with brick-and-mortar
New Treasury rules threaten Allergan-Pfizer merger
05 Apr 2016
The US Treasury Department has framed new rules to throttle ‘inversions’, in a move seen to be directly prompted by the proposed Allergan-Pfizer merger, which would create the world’s biggest drug firm
Latest articles
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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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