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GOVERNMENT TAKEOVER
SBI in $1 billion funding for Sun Pharma’s US dealState Bank of India is set to commit up to $1 billion to fund Sun Pharmaceutical Industries Ltd.'s $12 billion acquisition of Organon & Co....- Keenly watching India-US trade deal developments: Brown-Forman India MDBrown-Forman, the maker of Jack Daniel's, is closely monitoring the India-United States trade deal. Positive signs are emerging for the bil...
- On This Day in History, June 7: Mahatma Gandhi train incident, Vatican City's creation, Battle of Midway, Harry Potter's stage debut, Boeing 777's intro and many more eventsOn This Day in History, June 7, the world witnessed several landmark events that shaped politics, warfare, sports and social change. The da...
- Paramount to face legal challenge from states on Warner dealTop lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acq...
- Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AITrump has embraced government investment in private companies in his second term, scrambling his party's politics. His administration last ...
- US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources sayCalifornia, New York, and other states are preparing to sue and block Paramount's $110 billion acquisition of Warner Bros. The lawsuit, exp...
- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- Mamata Banerjee must remain supreme leader, not adviser: Dissent surfaces in TMC rebel campRebel Trinamool Congress MLAs are showing signs of unease. They insist Mamata Banerjee must remain the supreme leader of the party. Some wa...
- After Yunus regime freed Rahmani, India watches Bangladesh's radical Islam surgeConcerns rise over Islamist radical movements in South Asia. Jashimuddin Rahmani, an influential ideologue, has been released on bail in Ba...
- InvITs industry pushes for easier M&A rules to boost investor interestIndia's InvITs sector, managing ₹7 lakh crore in assets, is urging regulators for simpler M&A rules. Industry leaders want change of contro...
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- Global Markets: European shares edge higher as auto, chemical stocks riseEuropean shares neared an all-time high, boosted by strong auto and chemical stocks, despite ongoing Middle East tensions. Investors are ca...
- China expands travel curbs to top AI talent at private firmsChina is now restricting top AI professionals in private companies from traveling abroad. This move aims to protect its advanced technology...
- Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
- Delhi Gymkhana Club vs Centre: The legal fight over one of India’s most elite social addressesThe Centre has ordered the Delhi Gymkhana Club to vacate its 27.3-acre Lutyens' Delhi premises by June 5, citing urgent need for defence in...
- Delhi Gymkhana Club row: HC refuses interim relief after Centre assures prior notice before evictionThe Delhi High Court has refused interim relief to the Delhi Gymkhana Club. The Centre assured the court that any eviction action will foll...
- Delhi Gymkhana seeks alternative land for relocation of club in case takeover proceedsThe Delhi Gymkhana Club committee has appealed to the Centre to maintain the club's operations. They seek clarity on relocation and employe...
- 'Our fight is for survival': Delhi Gymkhana Club management assures staff jobs are safeDelhi Gymkhana Club employees received assurances their jobs are secure. The club management stated it will not close immediately. This com...
- Hyderabad Metro to turn profitable next year with IRFC’s low-cost loan: Telangana Chief SecretaryHyderabad Metro is set to become profitable next year. Indian Railways Finance Corporation has provided a Rs 13,527 crore loan to refinance...
- Bharti group seeks UK support to raise BT stake, sources sayBharti Enterprises is exploring the possibility of raising its stake in British telecom company BT to just below 30%, according to people f...
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