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Archive - December 2006

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Dharmendra | Dec 30 2006
As the valuations of Hutchison-Essar rocketing high in the sky, it is amazing to make out how a good deal of money these telecom ogres are going to pop out for each subscriber. In accordance with the newest valuation estimations by Goldman Sachs, the...
Anupam | Dec 30 2006
steve jobs
Shares of Apple computer are continuously facing a downfall after Federal investigation into the company's stock options brought the CEO of the company in limelight. The shares of the company fell 5 percent on Wednesday before gaining some speed...
Balendu | Dec 22 2006
raytheon
Raytheon Co. has recently announced that it will sell its aircraft business to the investment bank Goldman Sachs and Onex Partners, Canadian buy out firm for around $3.3 billion. Raytheon Company makes Hawker and Beechcraft business jets under its...
Balendu | Dec 21 2006
vodafone12
Vodafone Group is contemplating to consider a $13.5 billion offer for Hutchison Essar, India's fourth largest mobile phone operator. However, they have not reached to any decision yet over the issue. According to reports, Vodafone executives are...
Bhagaban Sahu | Dec 20 2006
ericsson acquires redback
In an effort to spearhead in the fast growing broadband and VoIP market, Ericsson has decided to acquire Reback, which has nearly 50 million broadband connections of major telephone carriers. San Jose-based Redback Networks manufactures advanced...
Balendu | Dec 20 2006
microsoft 5
In a path-breaking development in its global effort to restrict piracy of software, Microsoft has finally reached an agreement to settle a lawsuit with MPO Group, French Company. The company in question had allegedly involved in making and...
Balendu | Dec 19 2006
ebay china
eBay Inc.'s expansion dream seems to be shattered as it contemplating to close it operations in China. And the San Jose based auction site is forging a deal with a Chinese company in the face of tough market where it was loosing its users...
Balendu | Dec 19 2006
att bellsouth
AT&T Inc.'s $86 billion takeover deal with BellSouth Corp. ran into troubled waters as the Republican commissioner, Robert McDowell, announced to refrain from voting citing the ground of ethical standards. Robert McDowell said that ethics...
Balendu | Dec 18 2006
toshiba old
Westinghouse Inc. has recently inked a multi-billion-dollar deal with China to build four nuclear reactors for it. The deal has been picked up by the company within three months after its acquisition by the Japanese firm Toshiba Inc. from British...
Balendu | Dec 15 2006
gallaher
Japan Tobacco Inc. has disclosed that it has approved to buy British cigarette maker Gallaher Group plc. For 7.5 billion pounds in cash. If the deal sails through it would mark the biggest ever foreign acquisition by a Japanese company. The...

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