Tag: ACQUISITION
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Piramal Pharma Expands Injectables Portfolio to Enhance Critical Care Business
According to chairperson Nandini Piramal, Piramal Pharma will expand its injectables pipeline to enhance growth. The company launched Chlorpromazine Hydrochloride recently, with its complex hospital generics business seeing a 14% growth in Q3. Reports indicate their share in inhalation anesthetics and a focus on new products suggest promising future revenue, aiming for $2 billion by…
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PepsiCo Competes for Stake in Haldiram Amidst Market Valuation Surge
– PepsiCo is in discussions to acquire a minority stake in Haldiram Snacks. – Competing with Temasek and Alpha Wave Global, who have made early offers. – Haldiram seeks valuation of Rs 85,000-90,000 crore. – Indian snacks market projected to grow from Rs 42,695 crore (2023) to Rs 95,522 crore (2032). – Analysts suggest Haldiram…
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Boeing and Google Each Contribute $1 Million to Trump’s Inauguration Fund
Boeing and Google have each contributed $1 million to President-elect Donald Trump’s inauguration fund, joining several other major companies, including Chevron, Meta, Amazon, and Uber. The inauguration is scheduled for January 20, marking Trump’s second term. Corporate contributions reflect ongoing engagement with the political process and the significance of the event. Boeing, a prominent US…
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System One Acquires Tech USA Companies to Expand Staffing Services
System One has acquired Tech USA Companies to enhance its staffing services in critical sectors. The acquisition will integrate Tech USA’s operations into System One’s core business, while its government solutions segment will operate independently. This move is expected to strengthen System One’s market reach and service capabilities, reflecting its commitment to growth through strategic…
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Big Lots Enters Agreement to Secure Brand and Jobs Through Strategic Sale
Big Lots, Inc. has reached a sales agreement with Gordon Brothers Retail Partners to transfer its assets to retailers including Variety Wholesalers. This move allows for the continued operation of its stores under the Big Lots brand and aims to preserve jobs amid financial restructuring. Big Lots, Inc. has entered into a strategic agreement with…
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Former Nissan CEO Critiques Potential Nissan-Honda Merger as Desperate Move
Former Nissan CEO Carlos Ghosn criticized the potential merger talks between Nissan and Honda, describing them as a “desperate move” indicative of Nissan’s panic amid declining sales and profits. He highlighted the lack of complementarities between the two companies. The merger discussions arise in the context of increasing competition in the electric vehicle market, necessitating…
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Trent Surpasses E-Commerce Challenges with Zudio’s Retail Success
Trent, the retail arm of Tata Group, is thriving with its Zudio brand, which offers trendy apparel at low prices. Despite e-commerce pressures, Zudio continues to outshine competitors like Zara and Westside, highlighting its strong market presence. Trent, the retail division of the Tata Group, has made significant strides in the market with its Zudio…
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Leveraging Business Psychology for Entrepreneurial Success: Insights from Jyoti Patel
The podcast showcases Jyoti Patel’s entrepreneurial journey, detailing her role in founding Red Rickshaw and FeastBox, while exploring the implications of business psychology on growth and cultural innovation. This podcast episode features a conversation with Jyoti Patel, the CEO and exited founder of both Red Rickshaw and FeastBox. The discussion delves into Ms. Patel’s entrepreneurial…
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Dr. Mehmet Oz’s Nomination for Medicare Leadership Raises Ethical Concerns
Dr. Mehmet Oz has been nominated by President-elect Trump to lead the Centers for Medicare and Medicaid Services. His extensive investments in healthcare companies potentially present serious conflicts of interest. Oz’s tenure could impact millions, raising questions regarding his impartiality and capacity to navigate complex healthcare policies effectively. Dr. Mehmet Oz, nominated by President-elect Donald…
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Hero MotoCorp and Zero Motorcycles Progressing on Mid-Sized E-Bike Development
Hero MotoCorp and Zero Motorcycles are developing a mid-sized electric motorcycle, reflecting significant progress in their collaboration. CEO Niranjan Gupta confirmed the advanced stage of development, with an expansion of electric scooters also underway. The VIDA range is currently available in various Indian markets, and the company remains optimistic about economic growth and international operations,…