Tata Sons chairman emeritus Ratan Tata has invested an undisclosed amount in Bengaluru-based retail technology start-up SnapBizz. The company had announced a Series-A funding of $7.2 million led by Jungle Ventures...
Turning the lights at Havells
In order to focus on domestic operations and build on that, Havells India Ltd. (Havells) has announced to enter into a definitive agreement through its wholly owned subsidiary Havells Holding Limited with Shanghai Feilo...
Times Centre for Learning inks MoU with Chicago Booth B-school>
Times Centre for Learning Ltd, a Times Group initiative and University of Chicago Booth School of Business have signed a memorandum of understanding (MoU) to collaborate in promoting quality professional education in...
Gilead Needs to Go Shopping
Incoming Gilead CEO John Milligan has an M&A shopping list in his head, he said on the biotech’s earnings call on Tuesday. Investors would love to see that list turn into something a little more tangible...
Foreign venture capital funds get RBI booster
Start-up companies, which are struggling to get overseas funds or are looking at new forms of funds, might soon get not only foreign funds but could also issue convertible notes to attract foreign direct investment...
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One more Acquisition by Inox Leisure LTD
In line with its strategy to expand its footprint in India, multiplex chain INOX Leisure Ltd (INOX) has acquired Satyam Cineplexes Ltd. This is Inox’s third acquisition since 2007 when it acquired Kolkata’s Calcutta...
“NETWORK18” now in Reliance Network
This investment by RIL turnout to be Hostile takeover of Network18 NETWORK18: Founded by Raghav Bahl, Network18 is one of India’s largest media companies, which owns television channels CNBC TV18, CNN-IBN, CNBC Awaaz;...
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Haier’s GE unit buy highlights growing China M&A maturity
In the lead up to General Electric Co’s appliance unit auction, Haier Group did something Chinese bidders have rarely dared to do in a competitive global M&A deal. While informal discussions centered around a...
RCom gets nod to buy Sistema Shyam
Reliance Communications (RCom) on Thursday said it had received a go-ahead from the stock exchanges to acquire Sistema Shyam Teleservices Ltd (SSTL), which operates under the MTS brand. “We wish to inform you that we...
Haier Said to Be Near $4 Billion Deal to Buy GE Unit, WSJ Says
General Electric Co. is nearing an agreement to sell its appliance business to China’s Haier Group for more than $4 billion, the Wall Street Journal reported, citing unidentified people familiar with the matter. The...