Univision scraps IPO, leaving billionaires without exit plan

Univision scraps IPO, leaving billionaires without exit plan

Univision considered and rejected a $13 billion plus merger offer from Discovery Communications Inc. last year. Photo: iStockphoto New York: Univision Holdings Inc. scrapped plans for an initial public offering (IPO), leaving the company’s billionaire backers without an exit strategy 11...
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Vishal Sikka’s exit from Infosys revives promoter vs outsider debate for top job

Vishal Sikka’s exit from Infosys revives promoter vs outsider debate for top job

The promoter-versus-outsider debate has returned to the fore on running a blue-chip enterprise in India with experts blaming differences between the top management and some founders for Vishal Sikka quitting as Infosys CEO. Sikka took charge as Infosys’ fir...
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Buy Tata Steel, Reliance Industries; Exit Bharti Airtel: Jay Thakkar

Buy Tata Steel, Reliance Industries; Exit Bharti Airtel: Jay Thakkar

Nifty is likely to trade in range between 8,570 on downside and 8,900 on the upside and any rise in Nifty should be used as a selling opportunity, says Jay Thakkar, senior technical analyst with Sharekhan. Stock Talk Wockhardt Pharma:...
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Drivers Sue Uber, Lyft Over exit From Austin, Texas

Drivers Sue Uber, Lyft Over exit From Austin, Texas

Former Uber technology Inc and Lyft Inc drivers in Austin, Texas, on Thursday accused the ride-hailing groups of breaking a federal regulation with the aid of unexpectedly halting operations in the city after voters subsidized a degree requiring them to...
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