Rupee Falls Slightly in Local Shares
It has been revealed according to the developments in the stock market that the Indian rupee seems to have fallen a tad bit from its position in local shares. It was further revealed that the position...
View ArticleSheila Dixit Faces Allegation on Spending Extra 31 Crore During CWG 2010
Not only has the leaked report of Comptroller and Auditor General (CAG) blamed Delhi Chief Minister Sheila Dixit, for extra spending 31 crore on street lighting, in the Common Wealth Games 2010, but...
View ArticleBell Canada to acquire Astral Media for $3.4 billion
Bell Canada yesterday struck a deal to buy Astral Media, the owner of cable television channels including HBO Canada, for $3.4 billion to expand into the Canadian media market [via Domain-b M&A]...
View ArticleUS online video-streaming service Hulu looks for buyers: report
The owners of US online video-streaming service Hulu LLC has reached out to potential strategic buyers to gauge interest in acquiring the company, Reuters yesterday reported, citing three sources c…...
View ArticleHero MotoCorp buys nearly 50% stake in U.S. motorcycle firm
Two-wheeler giant Hero MotoCorp Ltd. has become the second-largest stakeholder in U. S.-based motorcycle firm Erik Buell Racing LLC by acquiring nearly half of the company’s stake from its founder...
View ArticleMahindra & Mahindra still on learning curve
Indian auto giant Mahindra & Mahindra (M&M) is still learning to become smarter and self-sufficient, Mahindra’s automotive & farm business president Pawan Goenka said. In March this year,...
View ArticleVista Equity to buy event management software firm Active Network for $904 mn
US-based private equity firm ista Equity Partners, focused on investing in software and technology companies, today tabled a $904-million bid for event management software maker Active Network Inc…....
View ArticleTech Mahindra shares hit 52-week high on better-than-expected Q2 results
Tech Mahindra shares gained more than 3 per cent in early morning trade on Friday, thanks to the announcement of better-than-expected rise in the company’s quarterly revenue and profit. On Thursday,...
View ArticleTata Motors posts better-than-expected quarterly net
Tata Motors Limited, a subsidiary of $100 billion salt-soft Tata Group, on Friday reported better-than-expected quarterly results, thanks to strong sales at its luxury unit Jaguar Land Rover Limited....
View ArticleHasbro in talks to buy DreamWorks Animation SKG
Hasbro Inc, a US toy and board game company, is in talks to acquire the DreamWorks Animation SKG film studio, Bloomberg yesterday reported, citing sources. Dreamworks Animation, which has a … [via...
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