Nokia buys back Siemens’ stake in NSN

Via Wall Street Journal Online & Businessweek Bloomberg: With Nokia Siemens Networks having returned to profitability in Q1 2013, Nokia bets on the telecom network business – will pay €1.7B to buy back Siemen’s 50% stake in the JV. Nokia will finance this purchase with a combination of external bank financing (€1.2B) and a secured loan from Siemens (€0.5B).

Yahoo continues its acquisition spree – a bid for Hulu this time!

Yahoo continues its acquisition spree – this time it has bid for Hulu.com Hulu brings along a lot of content along with demographic data to complement the Tumblr acquisition. Yahoo competes with media giants and private equity firms for this bid! The ‘range’ of the bid indicates its desperation – clearly it does not want to repeat the Youtube bidding scenario. It might seem like Yahoo is trying to fill the Youtube gap in its portfolio, Hulu has its differences when compared to Youtube. Hopefully Yahoo doesn’t try to replicate Google’s Youtube strategy with Hulu – it deserves a integration & monetizing...

Bank Guarantee to finance the student loan @ HEC

Well this blog has become more of a place for me to scribble, than to practice and improve writing skills 🙁 Nevertheless, the next September intake is due to arrive at HEC in a few months! I am sure they would have several questions on their mind! So after Satyendra messaged me with one such question, I quickly got onto this post (especially since not many have dealt with this aspect and I had been thinking of writing this for the past three months. Thanks Satyendra for the nudge) Intended Audience: Candidates from India who want to take a student...

How much is enough ?

This is a question I’ve seeked an answer to from multiple sources. To clarify the question itself first, I’m referring to the cash requirement stated by French consulate authorities for the student visa processing to go smoothly. (Again, this stems from my ongoing process of applying for a student visa for studying at HEC, Paris) So firstly, how much is enough ? There are two parts to this. First the student is travelling alone (the majority case) and second is where the student is moving alongwith a dependent partner. You need to show funds for 1. Tuition Fees 2. Living...