Adobe to buy Magento Commerce for $1.68 billion

May 22 2018 | 17 mins ago

Adobe said it would buy e-commerce services provider Magento Commerce from private equity firm Permira for $1.68 billion in cash, its biggest deal in nearly a decade.

China stock regulator vows more environment focus, green finance

May 22 2018 | 19 mins ago

CSRC said it will increase its focus on green financing and environmental issues for listed companies after Jinping named the environment as a major political priority.

Healthscope rejects takeover bids in strategy to spur better deal

May 22 2018 | 21 mins ago

Healthscope said it will instead explore selling its properties, in what analysts called a risky move that could invite a more favorable takeover bid.

UK chief executives become more downbeat about growth: KPMG

May 22 2018 | 29 mins ago

UK chief executives have turned more pessimistic about the growth outlook, largely due to worries around economic nationalism and Brexit, KPMG showed.

Sony to pay $2.3 billion to acquire control of EMI Music

May 22 2018 | 31 mins ago

Sony said it would pay about $2.3 billion to gain control of EMI Music, as it seeks to boost entertainment content assets and shift away from low-margin consumer.

Indian Markets


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Stocks In News



To Consider Fund Raising Via Shares, Bonds On May 24


Adani-Wilmar JV Competes Patanjali To Buy Entire Stake Of Co

Deal Valued At Around Rs 5,000 Cr

Economic Times Reports


Fortis Faces MCA Probe ahead of EGM

Director General to look into mismanagement charges

3 Directors nominated by promoters to quit the Board on May 22

Govt may take over the co if mismanagement reported

Business Standard Reports


Bharti's Cedar Svcs May Sell Stake Of 9.23% In Future Retail & Ent

Deal Size Valued At Rs 2,500 Cr

Economic Times Reports


Acquires Foodworld Supermarkets At Rs 40 Cr

Foodworld OSouthern India

Expects acquisition to be completed within 10-12 weeks

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