Tag Archives: Deal

Spider-Man’s Marvel Cinematic Future in Jeopardy As Disney and Sony Butt Heads Over Producing Deal

Spider-Man is under threat of eviction from the Marvel Cinematic Universe if the two companies controlling the character’s future can’t come to an agreement over producing and revenue sharing. In 2015, Marvel and Sony brokered a deal to share Spider-Man that involved Disney co-financing Spidey movies in exchange for a share of profits and for use of the web-slinger in its sprawling network of interconnected films. That ... Read More »

Future Fashions $250 million deal with Blackstone

MUMBAI | NEW DELHI: Blackstone, the world’s largest private equity firm, has stitched up a $250 million investment in Kishore Biyani’s Future Lifestyle FashionsNSE 1.18 % (FLFL), owner of retail chains Central & Brand Factory as well as several clothing brands, said people aware of the transaction. The primary infusion of capital will be through a combination of equity and structured debt that will fund ... Read More »

Ford Likely To End Independent India Business With New Mahindra Deal

Ford will hold a 49 percent stake in the partnership while Mahindra will own 51 per cent. Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will see the U.S. automaker cease its independent operations in the country, two sources with direct knowledge of the talks told Reuters. Under the ... Read More »

Faraday Future strikes deal to make cars in China with mobile gaming company

Troubled electric car startup Faraday Future has received another surprise lifeline in the form of a new 50/50 joint venture partnership with Chinese online video game company The9, the EV company announced Sunday. The9 says it’s willing to contribute up to $600 million to the joint venture, and Faraday Future has promised to use that money to make a new ... Read More »

What’s the Best New-Car Deal for September 2018?

Sergey Peterman/iStock Back-to-school traffic got you spending a little too much time in that old car? Consider something new. Discounts for the Labor Day weekend might be in the rearview mirror, and the rolling boil for new-car incentives has slowed to a simmer in recent months: Motor Intelligence pegs overall new-car discounts at $3,784 per car in August, up just 1.3 percent ... Read More »

Bajaj Pulsar, Dominar, Platina, Avenger get India’s first ‘hat-trick’ deal: Details

Bajaj Auto Ltd has announced a ‘Hat-trick offer’, which is basically a package of three sub-offers for Bajaj motorcycles purchased in the month of July 2018. The highlight of this offer is the new five-year warranty that’s being offered across all Bajaj bikes including the Bajaj Pulsar range, the Avenger range, and the Dominar. The five-year warranty on the Bajaj ... Read More »

Trump climate deal: Modi vows to go beyond Paris accord

Narendra Modi (left) met Emmanuel Macron in Paris Indian Prime Minister Narendra Modi has vowed his country will go “above and beyond” the 2015 Paris accord on combating climate change. Speaking at a news conference with French President Emmanuel Macron, Mr Modi described the agreement as part of “our duty to protect Mother Earth”. Several global leaders have criticised President ... Read More »

Karnataka Announces ‘Initial Manufacturing Operations’ of Apple in India but No Deal Yet

The government of Karnataka said on Thursday it welcomed a proposal from Apple to begin initial manufacturing operations in the state, in a sign the tech company is slowly moving forward with plans to assemble iPhones in the country. “Apple’s intentions to manufacture in Bengaluru will foster cutting edge technology eco system and supply chain development in the state, which ... Read More »

Siemens to Buy Mentor Graphics in $4.5 Billion Deal

Siemens agreed to buy US-based Mentor Graphics in a $4.5 billion (roughly Rs. 30,452 crores) cash deal that will further enhance the German engineering group’s industrial software capabilities. Siemens said on Monday it would pay $37.25 per share for Mentor Graphics, which makes software for designing semiconductors, a 21 percent premium to Friday’s closing price. Siemens Chief Executive Joe Kaeser ... Read More »

BlackBerry in Software Deal With Ford, First With an Automaker

BlackBerry Ltd has signed a deal to work directly with Ford Motor Co to expand the carmaker’s use of its QNX secure operating system, the Canadian technology company said on Monday, as Ford develops increasingly automated vehicles. The deal with Ford is the first BlackBerry has done directly with a major automaker, though it currently sells its technology to auto ... Read More »