Watch accompanying video of CNBC-TV18’s Latha Venkatesh throwing more perspective on IDFC-Shriram merger talks.
In an interview to CNBC-TV18's Nisha Poddar, R Thyagarajan, Founder Chairman of Shriram Group, Rajiv Lall, Founder MD & CEO of IDFC Bank and Ajay Piramal, Chairman of Shriram Capital spoke at length about the merger.
While they have three months’ time to devise a structure for the deal and later get board approval, questions are already arising.
In an interview to CNBC-TV18, Ramesh Agarwal, Whole Time Director of Rupa and Company spoke about the latest happenings in the company.
In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank spoke briefly about the finance ministry report on bank mergers.
TVS Motors, Dabur India and Cummins India are on the radar of Motilal Oswal Securities
Watch the interview of Raja Lahiri Grant Thornton with Areeb Sherwani on CNBC-TV18, in which he shared his views on the latest from the deal street.
In an interview to CNBC-TV18, MK Surana, CMD of HPCL spoke about the latest happenings in his company and sector. “Merger of HPCL and MRPL brings a lot of synergies in the system because they are independent refining companies and we have got the shortage of the refining capacities. So that definitely makes a sense,” he said.
Dealer checks have indicated that cement prices have been on the rise. Cement companies are also in focus as the top cement companies' heads met the road minister Nitin Gadkari last week to discuss pricing.
Markets regulator Sebi has sought status update from stock exchanges about the 'no-objection' sought by Aditya Birla Group firm Idea Cellular regarding its proposed merger with Vodafone Plc's Indian unit.
In an interview to CNBC-TV18, Rahul Puri, MD of Mukta Arts spoke about the latest happenings in the company.
A preliminary inquiry was registered to probe the merger of Indian Airlines and Air India, leading to a loss of crores of Rupees.
The proposed merger is facing regulatory hurdles due to the complex nature of the scheme involving merger of a non- insurance entity with an insurer.
India Inc inked 252 merger and acquisition deals worth USD 15.8 billion during January-March quarter, registering a rise of 23 percent over last year, mainly driven by the Vodafone and Idea deal, says an EY report.
IDBI Bank has initiated the process of scouting for a buyer to sell its mutual fund business, indicating further consolidation in the Rs 19-lakh crore mutual fund industry
As per the scheme of amalgamation 552 shares of Neuland Laboratories will be offered for every 1000 shares of NHSPL.
In an interview to CNBC-TV18, N Kamakodi, MD & CEO of City Union Bank spoke about the roadmap for FY18 and latest happenings in the organisation.
CNBC-TV18 learns from sources that based on current talks between investors, Snapdeal's valuation is now pegged between USD 1 to 1.1 billion.
U.S. broadcaster Sinclair Broadcast Group Inc said on Monday it would buy Tribune Media Co
In an interview to CNBC-TV18, Rakesh Arora, Managing Partner at Go India Advisors said that ACC-Ambuja Cements merger is positive for shareholders.
The overall deal space is on a slow lane because we are into the earning season but some of the large transactions in private equity space have taken place but the private equities have made some hefty returns. Big Deal talks about the private equity exits and how is the trend going to continue with experts.
In an interview with CNBC-TV18, Vishal Mehta, MD of Infibeam Incorporation spoke about the investment so far and future plans with respect to buying more stake.
CNBC-TV18 catches up with Prashant Mehra Partner at Grant Thornton to find what has been driving deal activity, to determine the trends in the sector and to get a sense of what lies ahead in the M&A space.
Reporting under Indian Accounting Standards (Ind AS) may significantly impact tax-planning strategies for many deals and will also have a high impact on key performance indicators of companies, says author Jigar Parikh.
In an interview to CNBC-TV18, Dinesh Khara, MD- Subsidiaries at State Bank of India (SBI) spoke about the merger and operational plans henceforth.
"In allowing an equal relationship with Idea, Vodafone should have commanded a premium and better quality of control. But, the deal contours favour Idea Cellular," the report said.
Idea expects revenues to grow in double digits post-FY19; data capacity set to increase 25-50 times following the merger next year.
No wonder Thomas Mathew, director general of industry lobby group Cellular Operators Association of India, feels the tariff war in data services is far from over.
In an interview to CNBC-TV18’s Ekta Batra and Mangalam Maloo, SP Tulsian of sptulsian.com gave his views on the Vodafone-Idea merger and his view on the logistic stocks which saw a bit of a spike as the decks have been cleared for GST.
The merged entity is now the market leader in terms of wireless subscribers. Earlier, Vodafone and Idea were in the second and third spot respectively, while Bharti Airtel was number one.
Idea Cellular on Monday announced that its board has approved the merger of Vodafone India and its wholly-owned subsidiary Vodafone Mobile Services Limited with itself in the process creating the country's largest telecom entity.
WNS chief executive Keshav Murugesh said the acquisition will help strengthen the company's end-to-end offerings in the healthcare and insurance segments.
The deal is likely to be speeded up by the truce that was announced on Tuesday between Tata Sons and Japanese telecom giant NTT Docomo in the long-standing USD 1.17-billion dispute over their failed joint venture.
As per recent reports, one proposal is for upstream giant ONGC to acquire retail major HPCL for Rs 44,000 crore. Energy expert Narendra Taneja believes that the merger will help ONGC gain more strength and will become a USD 100 billion plus company.
Jaitley, in his Budget speech, had spoken of creating oil majors which would be able to match the performance of international and domestic private sector oil and gas companies.
The company recently concluded the construction of a 1320-MW thermal power plant in Andhra Pradesh and its overall power portfolio now aggregates 2,640 MW.
IndusInd Bank is not the only one interested in striking a deal with Bharat Financial. The newly-listed RBL Bank is also said to be interested in exploring a merger with Bharat Financial, sources with direct knowledge of the development said.
The Group in its Board Meeting last week is said to have decided to undertake restructuring. The group is reportedly planning to merge three firms and aims to cut debt by Rs 10,000 crore.
After its associate banks are merged into the State Bank of India (SBI), about 200,000 jobs could be cut, said CH Venkatachalam, General Secretary, All India Bank Employees Association (AIBEA).
Japanese conglomerate SoftBank today denied being in discussions to participate in the proposed Vodafone-Idea Cellular merger and termed the reports as "baseless and unsubstantiated".
Fortune Financial Services India Ltd has submitted to BSE a copy of the order issued by the High Court of judicature at Bombay regarding merger of The Investment Trust of India Limited (earlier known as ITI Wealth Management Private Limited) with the Company.