WHAT IS ACQUISITION
Adani Energy shares crash to hit 20% lower circuit after 100% acquisition of Pune-III Transmission Adani Energy Solutions' shares plummeted 20% after Gautam Adani and others faced charges in a US bribery and fraud case. This occurred despite the company's announcement of a 100% stake acquisition in Pune-III Transmission, aiming to enhance shareho...
21 Nov, 2024, 09.46 AM ISTWe plan to grow via M&As, double market capitalisation in 3-5 years: Anant Goenka, Vice Chairman, RPG Enterprises RPG Enterprises is actively pursuing strategic mergers and acquisitions (M&A) to fuel growth across its diverse portfolio of companies. The conglomerate aims to double its market capitalization within the next 3-5 years by capitalizing on infrastruc...
21 Nov, 2024, 09.25 AM ISTThe ˇ°catalystˇ± effect in value investing Value investing involves identifying undervalued companies, but the key lies in recognizing the catalysts that can unlock their true potential. These catalysts, ranging from internal restructuring to external market shifts, act as triggers, propelli...
19 Nov, 2024, 11.33 AM IST- ADVERTISEMENT
Aditya Birla Group makes USD 20 bn investment as it sets eyes on scaling biz: KM Birla Aditya Birla Group, having invested USD 20 billion in manufacturing, aims to lead in its operational sectors. The company, prioritizing long-term growth, plans to double its cement business in the next decade. Chairman KM Birla highlighted the group...
16 Nov, 2024, 04.59 PM ISTMeta will face antitrust trial over Instagram, WhatsApp acquisitions This lawsuit by the US Federal Trade Commission is because of the claim that the social media apps were brought about in order to quell any competition in the sector.
13 Nov, 2024, 08.14 PM ISTSwiggy, Zomato go beyond food, qcomm; publishers & Gen AI dilemma Happy Monday! Swiggy and Zomato are constantly broadening their platter of offerings. This and more in today’s ETtech Morning Dispatch.
11 Nov, 2024, 07.34 AM ISTQ2 profit up 226% YoY but traditionally H2 is much stronger; IHCL should do better than last year: Puneet Chhatwal Tata-backed Indian Hotels Company (IHCL) reported a profit surge of 226% year-on-year, reaching Rs 583 crore in the second quarter. MD & CEO, Puneet Chhatwal, attributes the success to India's economic growth and the company's strategic expansion. D...
08 Nov, 2024, 02.50 PM ISTMahindra Group expects express biz to turn profitable amid focus on cost efficiency Mahindra Group anticipates its express business to become profitable by the year's end, driven by a renewed focus on volume growth and cost efficiency. The company's logistics arm, Mahindra Logistics Ltd (MLL), has been working to integrate the B2B ...
07 Nov, 2024, 10.23 PM ISTNot all privately owned resources can be acquired by State: SC in landmark judgment In a majority ruling, the Supreme Court decided that the State cannot seize all private resources. The court overturned previous rulings, stating the State can only acquire resources held by the community for public benefit.
05 Nov, 2024, 11.47 AM ISTUS election: For dealmakers, regulatory chaos would undercut Trump's pro-business tilt Wall Street dealmakers are bracing for continued uncertainty in the mergers and acquisitions market, regardless of who wins the upcoming presidential election. While a potential Trump presidency promises deregulation and tax cuts, it also raises con...
04 Nov, 2024, 04.56 PM ISTCoursera sees spike in GenAI course demand, India leads enrolments Raghav Gupta, Coursera's Managing Director for India and Asia Pacific, highlighted that while overall online learning growth has slowed compared to the pandemic boom, genAI courses have surged, with enrollments reaching 950,000—a 1600% year-over-yea...
04 Nov, 2024, 09.18 AM ISTGovt explores 'non-controversial' path to acquire multirole fighters The government is seeking a non-controversial method to acquire 114 new multirole fighter jets for the Indian Air Force after the Rafale deal controversy. An acquisition model that avoids disputes is being considered, with urgent need emphasized by ...
29 Oct, 2024, 11.45 PM ISTBajaj Finance shares in focus ahead of Q2FY25 earnings. Here's what to expect Shares of Bajaj Finance are expected to gain attention as the company reveals its Q2FY25 earnings, with net interest income projected between Rs 8,810 crore and Rs 9,187 crore, reflecting a 22-28% YoY hike. Analysts predict healthy growth in PAT, NI...
22 Oct, 2024, 08.39 AM ISTBhujia worth billions: The global race for a bite of Haldiram's Global investors are vying for a minority stake in Haldiram Snacks Food Pvt Ltd. Prominent suitors include Bain Capital, Temasek Holdings, and Blackstone, as the company, valued at up to $11 billion, sees ongoing negotiations. Haldiram's expansive p...
17 Oct, 2024, 02.53 PM ISTAll you need to know about the ?34,500 crore Predator drone deal India and America are signing today India and the US will sign Rs 32,000 crore deals for 31 Predator drones and a maintenance facility in India. The Cabinet Committee on Security approved the acquisition. The signing is scheduled for tomorrow. The drones will be divided among the Navy...
15 Oct, 2024, 01.04 PM ISTAAHOA Welcomes OYO's Acquisition of G6 Brands With an estimated 98% of G6 Hospitality properties owned by AAHOA Members, this landmark deal marks a promising opportunity for continued growth, collaboration, and innovation in the budget hotel sector.
29 Sep, 2024, 01.19 PM ISTTrump will soon be able to sell shares in Truth Social's parent company. What's at stake? Former President Donald Trump's stake in Trump Media & Technology Group, which owns Truth Social, makes him a billionaire. As the lock-up agreement preventing him from selling shares expires, Trump states he won't sell. The company's stock has been ...
17 Sep, 2024, 05.21 PM ISTWhat should investors do with Zomato stock after Paytm deal? Karan Taurani answers ?How do they achieve these kind of profitability levels is going to be a key monitor. Otherwise, as far as market is concerned, they have that clout. This will give a much needed boost to currently going out business, which is somewhere around 400 c...
22 Aug, 2024, 10.35 AM ISTWhat Suzlon's Rs 660 crore-acquisition of Renom means for investors By acquiring Renom, Suzlon gains valuable expertise in maintaining turbines of various brands, access to seven windy states, a proven track record of fleet growth, and a skilled workforce with technical expertise and established processes.
07 Aug, 2024, 09.21 PM ISTWhat should investors do with UltraTech stock? Ronald Siyoni answers ?UltraTech previous to this acquisition and Kesoram’s acquisition had a very low share in the southern region. So, both Kesoram and India Cements acquisitions would help balance out the share in the southern region as compared to other regions. Seco...
29 Jul, 2024, 09.38 AM IST