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SoftBank buys ARM for $32bn

SoftBank Group Corp has agreed to buy UK chip designer ARM Holdings PLC in a £24.3 billion ($32.2 billion) cash deal, the two sides said on Monday, a bold bet on internet-connected machines...   | Read..
 

JSW Energy snaps up Jaypee unit

JSW Energy is acquiring the Bina power plant of Jaiprakash Power Ventures (JPVL) for an enterprise value of Rs 2,700 crore.   | Read..
 

ICICI Pru Life takes first step for float

ICICI Prudential Life Insurance Company, the country's largest private life insurer, today filed a draft red herring prospectus for an initial public offering that will see...   | Read..
 

HUL profit rises 9.8%

Hindustan Unilever Ltd (HUL) today posted a 9.8 per cent growth in net profit for the quarter ended June at Rs 1,173.90 crore against Rs 1,069.16 crore in the same period...   | Read..
 

Mobile data cheaper

Ahead of Reliance Jio's full-scale entry into the mobile services arena, Idea Cellular today joined a price war with Bharti Airtel by cutting data tariffs by as much as 67...   | Read..
 

Exide net up 26%

Lead acid battery maker Exide Industries has posted a 25.9 per cent jump in profit during the first quarter of this fiscal as its begins to stage a turnaround.   | Read..
 

Boost for food processing

The Mamata Banerjee-government has come up with a new scheme - buyback deals - to engage farmers with the corporate sector, aiming to boost the food processing industry in...   | Read..
 

Gold imports slide

The lid on the current account deficit is likely to be kept tight, with gold imports falling by about 48 per cent to $3.90 billion in the first quarter of this fiscal.   | Read..
 
SoftBank buys ARM for $32bn
 


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