RECENT NEWS
Wall Street Journal  11 hrs ago  Comment 
Fosun and its partners yet again raised their offer for Club Méditerranée, highlighting the conglomerate’s determination to win a protracted takeover battle for the French resorts operator.
Financial Times  Dec 18  Comment 
Ambani conglomerate paid undisclosed monthly fees to senior lawmakers
Reuters  Dec 18  Comment 
Russian President Vladimir Putin said on Thursday he hoped Sistema would be able to restore its positions on the stock market, sending the conglomerate's shares higher.
The Times of India  Dec 17  Comment 
Embattled Indian conglomerate Sahara is readying for a court verdict today that will determine if it can take on a new loan and refinance debt on its overseas hotels, including the Plaza in New York, to secure the release of its jailed chief.
Wall Street Journal  Dec 12  Comment 
Hearst Corp. is raising its stake in Fitch Group in a nearly $2 billion deal that will give the New York media conglomerate majority ownership of the ratings firm, Hearst said.
The Hindu Business Line  Dec 11  Comment 
For Tata Chemicals, part of the $100-billion Tata conglomerate, its farm and consumer businesses will be key growth drivers in the years to come. “We have identified verticals such as fa...
Reuters  Dec 10  Comment 
The change atop United Technologies Corp has set off speculation the U.S. conglomerate may eventually shake up its diverse industrial businesses, including possibly divesting its...
Reuters  Dec 10  Comment 
The uproar that forced a Korean Air Lines executive to resign after delaying a flight because she was unhappy with the way nuts were served points to growing intolerance of corporate bad behaviour in a country dominated by family conglomerates.
The Economic Times  Dec 10  Comment 
TOI speaks to Mikhail Shamolin, president and CEO of the $40 billion Sistema JSFC, to see how he looks at the Indian telecom market.
New York Times  Dec 9  Comment 
Cho Hyun-ah, daughter of the chairman of the conglomerate that operates the airline, resigned as head of the airline’s in-flight services after an uproar in South Korea over the episode.




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