Mergers and Acquisitions

Air India makes a record-breaking deal worth Rs 7 lakh crores with Boeing and Airbus

Many eminent personalities, including Joe Biden and Rishi Sunak, hailed the Air India deal. In a bet on the explosive growth of air travel in Asia, Air India has committed to purchase 470 planes from industrial rivals Airbus and Boeing, representing the largest order of brand-new passenger aircraft in history. According to the airline’s chairman, …

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Is the bird truly free: Purge of top execs, reversal of lifelong bans, the Twitter saga ensues

Elon Musk sacked at least four top executives right after the takeover, including the CEO Parag Agarwal and CFO Ned Segal. Tweets and declares “The bird is freed.” Aims to reverse the ban on Donald Trump. More enthralling than the wait for a Marvel movie, the Twitter deal which finally culminated in the last 24 …

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Elon Musk’s bid spotlights Twitter’s unique role in public discourse – and what changes might be in store

Twitter has been in the news a lot lately, albeit for the wrong reasons. Its stock growth has languished and the platform itself has largely remained the same since its founding in 2006. On April 14, 2022, Elon Musk, the world’s richest person, made an offer to buy Twitter and take the public company private. …

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