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THE TELEGRAPH ACQUISITION
Today in History: On This Day, June 20, Queen Victoria ascends, Morse patents telegraph, Jaws premieres and shipwreck revealedOn This Day in History, June 20 saw Queen Victoria ascend the British throne, Samuel Morse receive a telegraph patent, Jaws redefine Hollyw...- Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITRIndian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back t...
- Britain's Daily Mail publisher enters exclusive talks to buy Telegraph Media Group for USD 654 millionDaily Mail publisher DMGT is in exclusive talks to acquire Telegraph Media Group for £500 million, potentially uniting two right-leaning ne...
- RedBird Capital acquires Telegraph Media Group for £500 million, ushering in new era for UK journalismUS private equity firm RedBird Capital Partners has acquired the Telegraph Media Group for £500 million, marking a significant investment i...
- UK newspaper The Telegraph set for US ownershipRedBird Capital Partners, a US investment group, will acquire The Telegraph Media Group for £500 million. This deal concludes a two-year sa...
- Genetic goldmine? Privacy crisis looms as millions of people’s DNA could be sold following 23andMe facing bankruptcy and uncertain futureDNA testing firm 23andMe has filed for bankruptcy. There are concerns about the safety of customer genetic data, with some experts advising...
- Donald Trump’s company Truth Social to launch financial services under the brand Truth.Fi; here are the services it will provideThe group said that its board had approved a $250 million investment from its $700 million cash reserves, with Charles Schwab overseeing th...
- Parliament clears bill to repeal 76 outdated, obsolete lawsParliament on Wednesday passed a bill to repeal 76 redundant and obsolete laws with the government saying the move is part of its continuin...
- UK signals probe into UAE-backed Telegraph dealCulture Secretary Lucy Frazer said she's "minded to" issue a so-called Public Interest Intervention Notice. "This relates to concerns I hav...
- Bill to repeal over 60 old laws, rectify error in one introduced in LSPiloted by Law Minister Kiren Rijiju, the bill is one of the periodical measures by which enactments which have ceased to be in force, or h...
- Japan's NTT weighs up to $19 billion bond offering for Docomo acquisitionThe telecoms firm has recently completed Japan’s largest-ever tender offer for the 34% of NTT Docomo Inc stock that it did not own.
- Laws must evolve with the times if societies are to progressThe Supreme Court has described our laws on land as 'a testament to the absurdity of law and a black mark upon the legitimacy of the justic...
- 120 power transmission projects face roadblocksProblems in acquiring land and delays in forest clearances have grounded at least 120 power transmission projects in the country.
- Kraft appoints bankers to sell Cadbury businesses: ReportKraft Foods has hired bankers HSBC and BNP Paribas to sell the Polish and Romanian businesses of Cadbury, paving way for the American confe...
- Deutsche Telekom eyes bid for Sprint Nextel: ReportGerman group Deutsche Telekom could submit a bid for Sprint Nextel, the third largest US mobile phone operator. Deutsche Telekom has called...
- Huge job losses to follow Lloyds TSB-HBOS deal: ReportThousands of jobs are feared to be at risk after banking major Lloyds TSB completes its 12.2 billion pound acquisition of UK's troubled mor...
- Vodafone earns record profit of 13 billion poundsMobile telephone giant Vodafone headed by NRI entrepreneur Arun Sarin is set to unveil a record profit of 13 billion pounds this year achie...
- Vodafone not to bid for MTN: ReportContrary to reports that world's largest mobile phone company Vodafone is planning to bid for South Africa's MTN, the UK-based firm has sai...
- Coke in talks to buy UK bottled water coCoca-Cola is now more determined to make the buyout after failing to introduce its own bottled water range.
- Nath supports Tata's bid for CorusThis year, for the first time, Foreign Direct Investment (FDI) into India will be exceeded by FDI going out of the country to finance acqui...
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