Industry

 

Activist investor Elliott buys UK bookshop chain Waterstones

Apr 26 2018

British bookshop chain Waterstones is to be acquired by Elliott Advisers.

Cyber security firm Avast targets $4.5 billion valuation in IPO

Apr 26 2018

Avast is targeting a market capitalization of between 2.5 bn and 3.2 bn pounds in its initial public offering (IPO), potentially the biggest London listing since July.

Over 40 companies pledge to cut UK plastic pollution

Apr 26 2018

More than 40 companies, including Britain’s biggest supermarkets, Coca Cola, Nestle and Procter & Gamble, have bowed to growing pressure to tackle plastic pollution.

Air Deccan to begin operations on NE routes from May 1

Apr 26 2018

Air Deccan, which has conducted test flights to Agartala, Shillong and Dimapur, will begin commercial operations from May 1 under the regional air connectivity scheme.

US April auto sales seen down nearly 8 percent: JD Power and LMC

Apr 26 2018

US auto sales in April likely fell nearly 8 pc from the same month in 2017 despite big discounts for consumers, industry consultants JD Power and LMC Automotive said.

Indian Markets

 
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Global Markets

 

Stocks In News

 

IDFC

In talks to sell MF and broking units for Rs 600 Cr

Bain Capital , Warburg, Yes Bank and IndusInd said to have expressed interest

The AMC business had an AUM of Rs 66392 cr and PAT of Rs 58 cr in FY17

The Securities business had a PAT of Rs 29 cr in FY17

Economic Times Reports

INDIAN HOTELS

Taj Mansingh auction to begin on 19th June18 as per NDMC notice

NDMC - New Delhi Municipality Council

Potential bidders can submit bids starting from 18th May

The hotel is a 292 room five star hotel currently operated by IHCL

Mint Reports

CADILA HEALTHCARE

Zydus Gets final approval from USFDA for Methylprednisolone

Will be manufactured at formulations manufacturing facility at Moraiya, Ahmedabad

Also received final approval to market Cinacalcet Hydrochloride Tablets

Will be manufactured at facility at SEZ, Ahmedabad

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