Qualcomm discussing Jacobs leaving board of directors: Sources

Mar 16 2018

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.

China's Huawei says to keep investing in US despite setback

Mar 14 2018

Chinese telecoms giant Huawei says it will continue to invest in the United States despite recent setbacks in its efforts to boost sales.

Broadcom ends bid for Qualcomm after President Trump nixes deal

Mar 14 2018

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's ambitious chief will shift target after Qualcomm halt

Mar 13 2018

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 blocks Broadcom's USD 117 billion bid to buy Qualcomm

Mar 13 2018

Trump blocked Broadcom's USD 117 bn bid for chip maker Qualcomm, citing national security concern.

US govt says Broadcom violated order in Qualcomm merger bid

Mar 12 2018

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.

Singapore-based Broadcom to redomicile to US by April 3

Mar 12 2018

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 planning to bid for Broadcom: Report

Mar 10 2018

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 says will not sell national security assets to foreign firms

Mar 09 2018

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 says to stick with US 5G investment after Qualcomm deal

Mar 07 2018

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.

Indian Markets


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Global Markets


Stocks In News



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%

Businessline Reports


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

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