Medicines for dogs from Elanco (above) and Bayer (below) are available in an animal shelter on the treatment table of a veterinarian.Frank Rumpenhorst | picture alliance | Getty ImagesCompany: Elanco Animal Health Inc. (ELAN)Business: Elanco is an…
Warren Buffett reaps $40 billion from giant Apple…
Warren Buffett.Gerald Miller | CNBCAn off-brand move to pile into Apple shares might have been Warren Buffett's greatest trade ever. Berkshire Hathaway's Apple stake — which is now 40% of its equity portfolio — is up a whopping…
GMR closes stake sale deal in airport biz…
New Delhi: GMR Infrastructure Ltd, the company that operates Delhi and Hyderabad airports, today said that it has successfully completed its deal to sell 49% stake in its airports’ business to France’s Groupe ADP. The…
Premji Invest to acquire controlling stake in Baroda-based…
Premji Invest, the investment arm of Azim Premji, has agreed to acquire a controlling stake in Baroda-based Best Value Chem (BVC). BVC, a specialty aroma chemical manufacturer, said the transaction involves the selling of stake…
3Ps can decide if you should buy a…
By DK AgrawalWhen promoters increase their shareholding in their companies through any route, it is usually considered a harbinger of good times ahead for the business. The Securities and Exchange Board of India (Sebi) has…
No China, PLA stake: Huawei
[unable to retrieve full-text content]The company's statement comes a day after reports that Chinese companies with links to the Chinese state or army might be barred in India. Tech-Economic Times
SBI sheds 2.1% stake in SBI Life via…
New Delhi: State Bank of India on Tuesday said it has sold 2.1 per cent stake of its stake its subsidiary SBI Life Insurance Company through the offer for sale route to comply with shareholding…
Cipla to acquire 22% stake in GoApptiv
Pharma major Cipla on Wednesday said it will acquire 21.85 per cent stake in GoApptiv on a fully-diluted basis in two phases. The cost of acquisition is Rs 9 crore (Rs 5.80 crore in the…
Jio Platforms set to raise Rs 5863.50 crore…
Jio Platforms is set to raise an additional Rs 5863.50 crore from Abu Dhabi Investment Authority (ADIA) by selling 1.16% equity stake. ADIA is now the seventh investor to pick up a stake in the…