Verizon Acquires Yahoo, Tata- DoCoMo Legal Battle, GST path cleared- Weekly Digest #7

Monday- 25th July 2016 Yahoo! has entered into a deal with Verizon to sell its web business for a consideration of $4.8 billion. The consideration will  constitute an all-cash based transaction. Yahoo will be integrated with Verizon's AOL. Telecom Commission fixed the weighted average spectrum usage charges (SUC) at a minimum of 3% of the revenue. …

Dabur enters South Africa, First Insurance IPO, Vedanta-Cairn Merger – Weekly Digest #6

Monday- 18th July 2016 Hindustan Unilever reported a lower than expected sales growth, even though the profit rose by 10% for Q1. Dabur acquired 100% stake in South African cosmetics and trading firm Discaria Trading. The value of the aforesaid deal has not been disclosed yet. This paves a way for Dabur to enter the South …