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MERGER AND ACQUISITION
Citi’s India IB revenue nearly doubles as bank raises $16 billion for clients, shows dataCiti’s India investment banking revenue nearly doubled to $52 million, making it the country’s top-ranked investment bank. The lender helpe...- Gabriel India, Forvia form JV to tap India’s fast-growing auto seating marketGabriel India, flagship of the $2.6 billion-plus ANAND Group, has formed a joint venture with France’s Forvia to bring advanced automotive ...
- Gold edges higher after hitting a two-month lowGold prices are on the rise, up by 0.4% after a dip earlier this week. Investors are closely monitoring the upcoming interest rate decision...
- CNN’s new era begins as Skydance brings two news giants under one roofSkydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as...
- GoT, Harry Potter, Batman & more: The $110 billion Hollywood gold mine Paramount just boughtParamount's acquisition of Warner Bros Discovery brings some of Hollywood's most valuable franchises under one roof, from Batman, Superman ...
- Inside Hollywood's biggest plot twist: How Paramount closed $110 billion Warner Bros deal to create SkydanceParamount Skydance finalized its acquisition of Warner Bros Discovery for $110 billion after a prolonged bidding war. Following the merger,...
- Tom Cruise delivers his worst opening weekend in two decades as 'Digger' garners $8m at domestic box officeTom Cruise's latest film Digger has grossed only $20 million globally, marking a significant box office letdown. The film, directed by Alej...
- Jay Clayton to head US AI task force: Here’s what we knowJay Clayton has taken on a pivotal role as Trump appoints him the AI czar to steer the newly established Super Intelligence Force. This str...
- Global M&A deal rush fades in third quarter as rising borrowing costs biteGlobal mergers and acquisitions activity saw a notable decline in the third quarter, totaling $993 billion. This figure marks a 41% decreas...
- Paramount CEO Ellison asks CNN chief Thompson to stay after Warner Bros deal, source saysParamount CEO David Ellison is negotiating with CNN CEO Mark Thompson to extend his contract and ensure editorial independence. Discussions...
- Warren Buffett's analysis was correct. His temper was not. The bill ran into billionsThere was no bad analysis, no misread of a balance sheet, no industry he failed to understand. The company he bought was superb and remains...
- In 2015, a Chicago entrepreneur invested $5,000 in a CFO side hustle; years later, it became a seven-figure business with 16 staffJohn Frank started Third Road Management after finding an opportunity to offer strategic, financial and operational aid to small and mid-si...
- Finland's Kone prepares sale of TK Elevator's European business to tackle antitrust concerns, sources sayKone intends to initiate the sale of most of TK Elevator's European operations this fall. This decision is aimed at addressing regulatory c...
- Paramount streaming shake-up: HBO’s Casey Bloys set to take over as Cindy Holland exits ahead of Warner Bros. mega mergerCindy Holland has officially announced her exit from Paramount's streaming division, coinciding with a significant merger announcement. Par...
- Ian Narev turned down a film role, practised law, and later became SEEK’s CEO - Inside his unusual career journeyHow did a child actor Ian Narev become the CEO of SEEK? Here's all about his unexpected career twists. Dive in further to read more
- Dodging SaaSocalypse: AI’s enterprise moment could belong to IT servicesITC Infotech's merger with Happiest Minds highlights the trend of mid-market consolidation in response to AI advancements. The global IT ma...
- MetLife stake deal deemed approved; Bain and Olin proposals await CCI reviewMetLife International will raise its stake in PNB MetLife by 0.5% to 50.23% through a purchase from Jammu & Kashmir Bank, with CCI clearing...
- Stocks in news: Adani Power, SAIL, BCCL, SAIL, Cupid and CleanMax EnviroIndian equity benchmarks experienced an increase on Friday, noting that volatility in crude oil and bond yields affected investor sentiment...
- JSW One files DRHP for Rs 3,054-crore IPOIn a significant move, JSW One Platforms has filed its draft red herring prospectus in preparation for an initial public offering that coul...
- Paramount Skydance settles with 12 states, clearing hurdle to $110 billion Warner Bros dealParamount Skydance has settled with California and 11 other states that sued to block its proposed $110 billion acquisition of Warner Bros ...
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