Mindtree's consolidated net profit grew 8.9% to ₹198.4 crore for the March 2019 quarterMindtree, which is facing a hostile takeover bid from L&T, announced a total dividend of ₹27 per share
1 min read17 Apr 2019The deal will be pivotal for creditors seeking to recover over $1 billion in debt from Jet Airways, which has posted losses in nine of the past 11 yearsCreditors led by SBI had not received any bids for as much as 75% of Jet Airways as of Tuesday
1 min read10 Apr 2019The resignations of Fortis directors Harpal Singh, Tejinder Singh Shergill and Sabina Vaisoha raise questions on the direction the firm will take towards its takeover bids
2 min read22 May 2018Akzo Nobel India's operating margin, which had taken a beating for two years following the amalgamation of three subsidiaries with itself in FY12, has improved from then, but still lags peers
2 min read10 Apr 2017Unilever's desire for cash may lead to some impact on HUL's balance sheet as well
2 min read7 Apr 2017Mondelez, the maker of Oreos cookies, is the second-largest confectionary company globally, while Hershey ranks number five
3 min read1 Jul 2016The bid valued Hershey at $107 a share, half in cash and half in stock, the person said, asking not to be identified as the information is private
2 min read30 Jun 2016The non-binding proposal is for $184 a share, about 31% of which would be paid in Anthem shares and the rest in cash
3 min read22 Jun 2015Jorge Paulo Lemann, a billionaire backer of Anheuser-Busch InBev NV, is reportedly considering a takeover bid
2 min read8 Jun 2015Deepak Fertilisers' bid is unlikely to get any significant attention as it trails current market price by a big margin
4 min read8 Oct 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared