Flipkart founders invest $1 mn in Chennai-based electric scooter startup Ather

Last Updated: Thursday, December 4, 2014, 14:58

Founders of Indian e-commerce giant Flipkart have invested 1 million in Ather, a Chennai-based startup that develops high-speed electric scooters.

Dell completes $24.9 billion buyout deal to go private

Last Updated: Tuesday, October 29, 2013, 23:33

"Today, Dell enters an exciting new chapter as a private enterprise," Michael Dell said in a statement.

Vedanta seeks blessing for $3.5 bn India buyout offers

Last Updated: Wednesday, October 16, 2013, 18:26

Mining group Vedanta has asked shareholders to renew their backing for an offer of up to USD 3.48 billion to buy government minority stakes in two of its subsidiaries, as it seeks to streamline its structure.

BlackBerry co-founders considering bid for company

Last Updated: Friday, October 11, 2013, 10:23

BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker.

Icahn caves on Dell again, will not seek share rights

Last Updated: Friday, October 4, 2013, 22:22

Activist investor Carl Icahn, who ended his months-long campaign against Michael Dell's planned buyout of Dell Inc(DELL.O) last month, on Friday signaled his final retreat from the struggling personal computer maker.

Cerberus investment fund eyes BlackBerry bid: Source

Last Updated: Thursday, October 3, 2013, 09:18

The private equity firm Cerberus Capital Management is interested in a bid for troubled Canadian smartphone maker BlackBerry, a source familiar with the matter has said.

Dell gets regulatory nod for $25 bn buyout deal

Last Updated: Tuesday, October 1, 2013, 21:44

US-based computer major Dell on Tuesday said it has received regulatory clearances for the buyout deal offered by founder Michael Dell and the transaction will close by the end of October.

Twitter could go public as early as November

Last Updated: Tuesday, September 17, 2013, 20:26

The micro-blogging site has filed for a confidential IPO, under the JOBS Act, which is allowed for companies with less than 1 billion dollars in annual revenue.

Dell shareholders approve founder's offer to take firm private

Last Updated: Friday, September 13, 2013, 16:56

Michael Dell's efforts to take the firm private had hit a stumbling block as he faced stiff resistance from billionaire activist investor Carl Ichan and money manager Southeastern Asset Management.

Twitter set to go public, files for IPO

Last Updated: Friday, September 13, 2013, 16:38

Microblogging website, Twitter Inc. is all set to go public as it has reportedly filed for an initial public offering (IPO) with the US regulators.

Dell to invest more on PCs, tablets after $25 billion buyout win

Last Updated: Friday, September 13, 2013, 15:55

End-user computing, defined as devices such as PCs and tablets, remains an important focus for the company despite the rapid decline of the global personal computer market, the CEO told reporters briefly, without elaborating or taking questions.

Michael Dell, Silver Lake win shareholder OK for $25 bn buyout

Last Updated: Thursday, September 12, 2013, 23:16

Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No. 3 PC maker.