Qualcomm board of directors was meeting to discuss Paul Jacobs leaving its board after he informed the US semiconductor company he was exploring ways to acquire it.
Chinese telecoms giant Huawei says it will continue to invest in the United States despite recent setbacks in its efforts to boost sales.
Singapore-based Broadcom Ltd withdrew its $117 billion bid to acquire Qualcomm Inc, two days after Trump blocked the attempt citing national security concerns.
Broadcom is unlikely to put the brakes on an acquisition spree after its $117 billion bid for Qualcomm Inc was blocked by Donald Trump on national security grounds.
Trump blocked Broadcom's USD 117 bn bid for chip maker Qualcomm, citing national security concern.
Chipmaker Broadcom violated an order from a national security panel in a bid to push for a merger with rival Qualcomm Inc, the US Treasury Department said in a letter.
Broadcom Ltd said it expects to redomicile to the US by April 3, two days before the chipmaker’s acquisition target Qualcomm holds its annual shareholder meeting.
Intel Corporation is reportedly mulling a bid for semiconductor company Broadcom, a month after the latter's proposal to takeover rival Qualcomm was rejected.
Broadcom said in a letter to US Cong that it will not sell any critical national security assets to any foreign companies if its $117 bn deal to buy Qualcomm is approved.
Broadcom Ltd pledged to make the US the global leader in 5G technology and maintain Qualcomm’s investments in the area after any merger between the two companies.
Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric
Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years
Group is entering into a management contract with The Park Hotels
Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh
Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr
Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders
Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils
The govt announced in the budget a hike in import duty to 30-35%
TPG Cap and Manipal Health are eyeing controlling stake in the co
Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors
Will have to buy at least 26% stake through Voluntary open offer as part of takeover code
A 26% shareholding will automatically trigger the mandatory open offer for additional 20%
Business Standard Reports
TRAI issues show-cause notice to co
Seeks details of non-transparent, discriminatory tariffs to consumers
Have to respond till Mar 25
Action to depend on if tariff reported to regulator or not
Notice first one after TRAI issued tariff order on predatory pricing
Economic Times Reports