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Qualcomm Raises Offer to Buy NXP Semiconductors

US chipmaker Qualcomm raised its offer to buy NXP Semiconductors NV to $127.50 (roughly Rs. 8,265) per share on Tuesday, and said it now has the backing of the shareholder group led by Elliott Management that opposed the previous proposal. Qualcomm said it needs to buy a minimum 70 percent of NXP’s outstanding shares in a tender offer, instead of the 80 percent required in the earlier agreement. The latest offer values NXP at $44 billion (roughly Rs. 2.85 lakh crores). NXP’s shares were up 6.5 percent at $126.15 in premarket trading. The stock has…

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Read labels: Here’s how to find out if the food products you buy are truly organic

The demand for organic foods began with fruits and vegetables when there were reports of pesticide residues in them. However, the popularity of organic foods has now extended to food grains, pulses, tea, spices and even oilseeds. “Organic foods have gained popularity because people have become aware of their benefits. They contain no chemical pesticides and fertilizers and are grown naturally with manure or compost and only natural pesticides and insecticides are used,” said Dr. Saurabh Arora, MD (Auriga research and Director at Arbro Pharmaceuticals) and Founder of Food Safety…

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Want to buy a house? Here’s how much to invest in SIPs to achieve your goal

Disclaimer: This story is for informational purposes only and should not be taken as investment advice. Financial goals are an integral part of investing money into various schemes. Setting aside a life or financial goal can often be motivational for higher investments. A call to Zee Business mutual fund helpline came from a 28 year old investor who has started an SIP in six funds. His dream is to buy a house after a period of seven year and will continue with his investments after that. For that he said he wanted a…

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Winter Greens: How to Buy, Store and Cook With a Variety of Saag This Season

Come winter and the grocery store is flushed with seasonal produce. One of the best things about winter produce is the wide array of fresh vegetables that one gets to experiment with in regular cooking. From cabbage, broccoli, cauliflower, beets to a wide variety of greens, locally known as saag; you are literally spoilt for choice this season. While winter veggies are fairly easy cook with, most people are usually apprehensive about cooking with greens. Most cooks and housewives are comfortable with cooking other vegetables as once you remove the peels, you…

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SoftBank loses $1.4B investment in Snapdeal, Ola

SoftBank cannot possibly need more reasons to push Snapdeal off its portfolio. According to its consolidated financial report for FY 2017, the company has faced a combined loss of $1.4 billion in investments in the online marketplace as well as in cab hailing platform Ola. In February this year, SoftBank had written off $475 million from the same two players – its biggest investments in India. Image credit: Anisha Despite the backing from the likes of Kalaari Capital, Nexus Ventures, Alibaba, and Foxconn, Gurgaon-based Snapdeal has been unable to raise funding…

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Lack of Time is Not the Only Reason Parents Buy Prepackaged Food

Many parents may be too busy to cook family dinners, but fighting the clock isn’t the only reason they turn to microwaveable frozen meals, a recent U.S. study suggests. Sure, 57 percent of parents cite lack of time as a reason for purchasing prepackaged processed meals, the study found. But half of them also said they shopped for factory-made food because their family preferred it. And often, parents said they also didn’t feel confident in their ability to cook or plan meals. “Ultimately, as a society, we need to increase…

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