Kingfisher-Deccan merger may be on the anvil

Published on Wed, Dec 05, 2007 at 17:15 |  Source : CNBC-TV18

Updated at Thu, Dec 06, 2007 at 10:12  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Kingfisher-Deccan merger may be on the anvil

The merger between Kingfisher-Deccan may soon be a reality. Air Deccan MD, Captain Gopinath said that the Deccan Board is considering the proposed merger, and a final decision may be taken in 2-3 months, reports CNBC-TV18.

 

"The Board is going to take a decision. When it is to the benefit of Air Deccan and Kingfisher together, it will be to the benefit of the combined airline. Only then, will a decision be taken and this will take about 2-3 months time," said Gopinath.

  

More on Moneycontrol

Trending News

Business News

6 ways to backup mobile data
Forget the IIP: there's free cash oozing out of every pore "Forget the IIP: there's free cash oozing out of every pore "

DLF Says Macro Environment Unfavourable W/High Comm & Labour Inflation

The latest earning numbers FIRST on CNBC-TV18
Videos

Feb 10 2012, 21:39

Tulsian buys steel stocks; negative on sugar, ADAG

- in MARKET OUTLOOK

Feb 10 2012, 21:39

Truck demand sluggish; margins down 80bps: Shriram Trans

- in Results Boardroom

Interviews

Feb 10 2012, 15:43 | Source: CNBC-TV18

Growth in margins sustainable going forward: Shasun Pharma  

Feb 10 2012, 15:35 | Source: CNBC-TV18

Expect Q4 GRMs to be similar to Q3: BPCL  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!

Follow moneycontrol.com