Memory chip maker Western Digital Corp and Japan’s Kioxia Holdings Corp are in advanced talks for a possible merger which will involve a dual-listing, Bloomberg News reported on Friday. A combined Kioxia-Western...
Tata nears iPhone plant takeover to grow Apple supply role
Tata Group is close to taking over a major plant in southern India in a deal that would give the country its first homegrown iPhone maker. The airline-to-software conglomerate has been in talks with the factory’s owner...
Western Digital, Japan’s Kioxia restart merger talks – Bloomberg News
Memory chip maker Western Digital Corp and Japan’s Kioxia Holdings Corp have restarted merger talks, Bloomberg News reported, citing sources familiar with the matter. The report added that the structure of a...
Videocon Insolvency: Wisdom of creditors can’t fluctuate, Twinstar tells SC
The Supreme Court heard the appeal of Vedanta group’s Twinstar Technologies against the order of the National Company Law Appellate Tribunal (NCLAT). Appearing for Twinstar, Senior Advocate Abhishek Manu Singhvi said...
boAt withdraws IPO plans; to raise $60 million from Warburg, others
Imagine Marketing Pvt. Ltd, which operates audio gear and wearables brand boAt, is raising around $60 million ( ₹500 crore) in a fresh round of equity funding led by its existing backer Warburg Pincus and new investor...
Lava in advanced talks with China’s Huaqin to form a JV
Home-bred electronics maker Lava is in advanced talks for a joint venture with Shanghai-based Huaqin Technology, the world’s largest original design manufacturer (ODM) for mobiles and tablets, industry executives...
No suitors: Centre unlikely to pursue CEL disinvestment
The government is unlikely to resume the disinvestment process for Central Electronics Ltd (CEL) any time soon as it feels that the public sector enterprise may not find suitors. A top government official said that a...
HP completes $3.3-bn acquisition of hybrid work solutions provider Poly
PC and printer major HP Inc on Monday announced the completion of its $3.3 billion acquisition of Poly, a leading global provider of workplace collaboration solutions. The deal is expected to accelerate HP’s...
TVS Electronics to acquire business, IP rights of GTID Solutions Development
TVS Electronics on Monday executed a business transfer agreement with GTID Solutions Development to enter into the mobile POS software solutions and authentication solutions space, offering hardware along with required...
Whirlpool to buy InSinkErator for $3 billion to beef up kitchen presence
Home appliance maker Whirlpool Corp said on Monday it would buy Emerson Electric Co’s InSinkErator unit, which makes waste disposal equipment and hot water dispensers, for $3 billion to beef up its kitchen...
Tube Investments picks up majority stake in Moshine Electronics
Tube Investments of India, part of diversified conglomerate Murugappa Group, is diversifying its business into the electronics and components segment by acquiring 76 per cent equity stake in Moshine Electronics Pvt Ltd...
Welcome to PlayStation family: Sony completes $3.6 bn acquisition of Bungie
Japanese giant Sony has closed the $3.6 billion acquisition of Bungie, the developer of Destiny and the original creator of the hugely popular Halo franchise. “The agreement to acquire Bungie has closed. So now we...
