October 30, 2018 06:08 PM IST
The IBM-Red Hat deal is expected to give the new entity more teeth against AWS, Google, Microsoft and VMware in the hybrid cloud space.
- October 25, 2018 12:38 PM IST
The transaction is expected to close in the fourth quarter of 2018-19, subject to regulatory approvals
- October 24, 2018 05:21 PM IST
Interestingly, Complan’s competitor and the country’s biggest health drink brand Horlicks (currently owned by GSK Consumer Healthcare) is also on the block since March. It has a market share of at least four times that of Complan.
- October 24, 2018 12:42 PM IST
Heinz India is a subsidiary of American food company Kraft Heinz and has a portfolio of brands that includes Complan, Glucon D, Nycil and Sampriti Ghee
- October 17, 2018 11:06 AM IST
But analysts say pharma services constitute 6-7 percent of Piramal's revenues and is a drag on overall pharma business.
- October 15, 2018 05:50 PM IST
Moreover, the July-September quarter recorded two deals in the billion dollar club and 12 deals estimated and valued at and above $100 million each together capturing 89 percent of total M&A values.
- October 11, 2018 06:18 PM IST
The open offer is in connection with the LIC's acquisition of 51 percent controlling stake in the state-owned IDBI Bank.
- October 09, 2018 10:25 PM IST
Last month, the government had announced amalgamation of three banks to create the country's third-largest lender.
- October 09, 2018 04:59 PM IST
The government had announced the merger of Bank of Baroda, Vijaya Bank and Dena Bank on September 17, to create the country's third-largest lender.
- October 05, 2018 10:22 PM IST
Intelenet, which was founded in 2000 and is headquartered in Mumbai, had posted revenue of $449 million for the fiscal year ended March 31, 2018.
- October 05, 2018 06:18 PM IST
This is the company's first investment in the travel technology space, it said in a release.
- October 04, 2018 02:55 PM IST
Besides, the board approved increasing authorized capital of the bank from Rs 8,000 crore to Rs 15,000 crore.
- October 02, 2018 03:28 PM IST
Dr Reddy's acquired Cloderm Cream from Valeant Pharmaceuticals in April 2011 for an undisclosed amount
- October 01, 2018 01:04 PM IST
Follow the IL&FS episode and the merger of three banks, the way to go for the finance ministry is to say the following: Sorry, we also messed up the lending business, like our predecessors. The buck stops with us
- October 01, 2018 09:27 AM IST
GSK is looking to sell 72.5 percent stake in its Indian subsidiary
- September 25, 2018 06:16 PM IST
Flipkart will get access to advanced data science-based intelligent solutions through the acquisition, it said in a statement.
- September 24, 2018 07:46 PM IST
Last week, government had announced merger of Bank of Baroda, Vijaya Bank and Dena Bank to create the country's second largest lender by assets and branches.
- September 21, 2018 06:31 PM IST
In June this year, Bayer completed the $63 billion mega-deal to acquire US-based Monsanto to create the world's biggest agro-chemical and seed company.
- September 19, 2018 03:20 PM IST
Samara reportedly acquired a majority 51 percent stake in Aditya Birla Retail, while Amazon's investment arm picked up the remaining 49 percent
- September 18, 2018 10:27 PM IST
Opposing the central government's decision to merge three banks AIBEA General Secretary C H Venkatachalam said there is no evidence that merger of banks would strengthen the banks or make them more efficient.
- September 18, 2018 07:09 PM IST
These three state-run banks would work on strict timeline and necessary regulatory process is expected to be over by the end of 2018-19, they said adding that the merged entity should be operational from April 1, 2019.
- September 18, 2018 06:32 PM IST
Kansas-based ATG helps companies effectively plan, implement, and optimize automated cloud-based quote-to-cash (Q2C) business processes and technologies.
- September 18, 2018 05:52 PM IST
Since there are many problematic banks and few with strong balance sheets, it wouldn’t be a surprise to see banks like Canara Bank and State Bank of India being dragged to the altar to take responsibility of distressed banks.
- September 18, 2018 04:45 PM IST
Walmart India President and CEO Krish Iyer said demonetisation played an extremely important role in the formalisation of economy and it, along with GST implementation, helped the retail sector grow.
- September 18, 2018 12:39 PM IST
The merger will take at least 3-4 quarters to complete and the three banks will function independently until the process is concluded. Take a look at the banks' results from the June quarter