RECENT NEWS
The Economic Times  Dec 13  Comment 
Billionaire Harsh Goenka has hired Jayant Kohale to head Smart Infrastructure for the RPG conglomerate. Kohale joins from Larsen & Toubro, where he was the business leader for its Smart Cities division.
Financial Times  Dec 12  Comment 
Coal, nonferrous-metal and tin businesses come under holding company to revive downstream projects
Channel News Asia  Dec 10  Comment 
Troubled international retail conglomerate Steinhoff , whose shares plunged last week after disclosing accounting problems, said on Sunday it had appointed two advisory firms ahead of a meeting with lenders on Dec. 19.
Financial Times  Dec 8  Comment 
South African retail magnate faces challenge over conglomerate that he helped build
Wall Street Journal  Dec 7  Comment 
GE said it was cutting 12,000 jobs in its power business, or nearly 20% of the unit’s workforce, as the conglomerate slashes costs and battles overcapacity in its core business.
Forbes  Dec 6  Comment 
Christo Wiese will temporarily take direct control of Steinhoff, one of his retail conglomerates.
TechCrunch  Dec 5  Comment 
 Publishing conglomerate Ziff Davis has officially bought online news site Mashable for a mere $50 million, according to Recode. The all-out sale of Mashable comes after the publisher reportedly tried and failed to secure additional funding...
Mondo Visione  Dec 5  Comment 
The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published today the 2017 list of identified financial conglomerates.    The 2017 list includes 80 financial conglomerates with the head of group...
Channel News Asia  Dec 5  Comment 
Dalian Wanda Group sold one of China's largest ski resorts to another conglomerate in June, online news website The Paper reported, although it did not give a deal value for the site billed by Wanda as a US$3 billion investment project.
Financial Times  Dec 1  Comment 
SK alleged to have paid American officer $3m to win infrastructure contract for new base




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