Election of Stable Government Could Push USD 30 billion M&A Deals in India
Market watchers opine that the Indian market for mergers and acquisitions is poised to witness increase momentum following the general elections that are currently underway in the world’s largest democracy.
Analysts believe that post the general elections, the total value of M&A deals could well be over USD 30 billion, if a stable government is elected at the center in the current Lok Sabha polls.
Experts predict the pace of inbound deals to be much higher following the elections
Date: Apr 15
Beshear Promotes a Group to Boost Auto Industry in Kentucky
Kentucky seeks to be closely identified with the auto industry same as Detroit, says Gov. Steve Beshear when he launched the Kentucky Automotive Industry Association on Monday.
Beshear said at a Capitol news conference that the group aims to be the voice and unified icon for an industry sector that is important to our state’s growing economic health and growth. He added that the association is focusing on branding, leadership, and advocacy, and similarly, 12 other states have such
Date: Apr 08
Alibaba Founder Invests USD 531.78 in Financial Software Enterprise
Chinese billionaire Jack Ma, who is credited for founding the world’s largest e-commerce firm Alibaba Group Holding, is investing USD 531.78 million to gain a controlling share in Hundsun Technologies Inc, a financial software firm.
Hundsun Group-that controls a 20.6% stake in Hundsun Technologies-would sell its entire stake in the latter to Zhejiang Finance Credit Network Technology Co, a company in which Ma owns a 99% stake.
This deal will render Ma a controlling stake in Hun
Date: Apr 03
Rising Air Pollution Spur Chinese Citizens to Import Fresh Mountain Air in Vacuum Packed Bags
Air pollution levels in China have mounted to levels such high that even a spurt of fresh air these days seems like a matter of past. The situation is clearly visible from the most recent attack of thick smog in Zhengzhou (the city is still gulped by it), the capital of Henan province, one of China’s 10 most polluted places.
Citing the ever increasing levels of air pollution, many people have opted to move out of polluted cities in China. But life is not easy for the ones who st
Date: Apr 02
8.2 Magnitude Earthquake in Chile Triggers Tsunami Warnings
A high magnitude earthquake that measured 8.2 richters struck off the coasts of Chile this Tuesday night. The earthquake caused landslides and triggered a small Tsunami on Chile’s coastline. The centre of the earthquake was about 60 miles northwest of the town Iquiqe.
The hustle created by the earthquake also resulted in fleeing of more than 300 prisoners from a jail. This has led the military to take control over the town to prevent any mishaps. Emergency officials have reported
Date: Apr 02
Apple Files Petition for Patent of Innovative Technology That Makes Texting While Walking Safer
You can now let go of your worries of getting bumped on a pole or getting stumped while walking just because your eyes are glued to your smartphone’s screen and you are too busy concentrating at texting while walking.
US technology giant Apple is soon to introduce a technology (it has already filed a petition for its patent) that does not even require you to pull your head out of your phone and look around - a live video feed of anything that is in the front of you, or essentially
Date: Apr 01
U.S. FDAs Stamp of Approval for Xolair Drug Developed by Novartis and Genentech
The United States Food and Drug Administration (FDA) has stamped its mark of approval for Xolair (omalizumab), a drug developed by Novartis and Genentech. Xolair has been developed for treating a debilitating skin condition that is known as chronic idiopathic urticaria (CIU). The occurrence of this condition is unpredictable, and outside of the United States this disease is also known by another name--chronic spontaneous urticaria (CSU).
The company was reported as stating that the drug&rsquo
Date: Mar 28
Telco Industry Demands More Deregulation
AMTA, Communications Alliance supports the ‘red tape’ repeal dealings with the federal government
Since, the federal government reduced the regulations pertaining to the telco and broader communications industries, The Communications Alliance and the Australian Mobile Telecommunications Association (AMTA) have shown a positive reaction to the government’s decision.
Malcolm Turnbull, Communications minister and parliamentary secretary Paul Fletcher state that t
Date: Mar 20
New Porous Materials Demand in the Industry Chemicals and Materials
The industry has come up with new class of making porous materials that significantly controls a wide range of applications and greater manufacturing applications to handle long term industry standard applications.
This discovery was conducted by a team of University of Connecticut chemists that found out the creation of over 60 new families in the field of chemicals and materials. The study was conducted with the potential for many more chemicals and materials.
The key purpose in th
Date: Mar 19
Chinese Aging Population Increasingly Turning Towards In-Home Nursing
As China experiences a massive growth in its aged population, it is emerging that many under this category show an inclination towards engaging in-home nursing services. This option is helping families ease the pressure associated with taking care of the aged.
In this backdrop, the Chengguan District Virtual Nursing Home that is located in Gansu province’s Lanzhou city said it will bring on board more healthcare options for the aged. The healthcare agency that offers in-home nursi
Date: Mar 14