Articles for tag: Acquiring, Considers, Deal, Decline, Drastic, Efforts, Intel, Intels, Landmark, Market, Potential, Qualcomm, Sparking, Struggling, Turnaround

September 22, 2024

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm is exploring the possibility of acquiring Intel amid the latter’s ongoing struggles in the semiconductor industry. The California-based company has proposed a friendly takeover, considering the purchase of all or part of Intel. This potential deal could be historic, especially as Intel faces significant challenges, including a sharp decline in its stock value over ...

September 13, 2024

Market News

Business

Nazara invests ₹982 crore in Moonshine Technology, acquiring a significant stake in India’s leading online poker platform, PokerBaazi.

Nazara Technologies has announced a significant investment of Rs 982 crore in Moonshine Technology, the parent company of India’s leading online poker platform, PokerBaazi. This deal includes Nazara acquiring a 47.7 percent stake in Moonshine for Rs 831.51 crore, which comprises both cash and a share swap. Additionally, Nazara plans to invest another Rs 150 ...

September 12, 2024

Market News

Business

Airtel partners with Sparkle to enhance global connectivity, acquiring capacity in a submarine cable system linking India and Italy.

Bharti Airtel has announced a new international partnership to enhance its global network by acquiring extra capacity on the upcoming Blue-Raman Submarine Cable System, which will link India to Italy. The agreement is with Sparkle, a leading Italian telecom provider, and aims to improve low-latency connectivity between Asia and Europe. This partnership will help Airtel ...

May 17, 2024

Market News

Today’s Current Affairs Of India

Supreme Court Rules State Must Follow Proper Procedure for Acquiring Property: Current Affairs Question and Answers

Today’s Current Affairs: Supreme Court of India made a significant ruling to protect private property from arbitrary state takeover. The court emphasized the importance of following mandatory procedures for compulsory acquisition and granting fair compensation to owners. The judgment highlighted the right to property as a constitutional and human right, stressing the need for proper ...