March 26, 2018 09:55 AM IST
The deal is the industry's first big consolidation in Southeast Asia, home to about 640 million people, and puts pressure on Indonesia's Go-Jek, which is backed by Alphabet Inc's Google and China's Tencent Holdings Ltd.
- March 23, 2018 09:21 PM IST
JioMusic’s implied valuation for the transaction was USD 670 million.
- March 21, 2018 09:14 AM IST
Energy Efficiency Services or EESL's arm has acquired UK-based Edina Power Services. CNBC-TV18's Uttkarsh Chaturvedi caught up with Saurabh Kumar, MD of the company and asked him about the revenue contribution from this operation.
- March 20, 2018 07:46 PM IST
Deal momentum for the month of February continues to remain positive. There were total 102 deals in M&A and private equity worth USD 3.2 billion which was 66 percent higher than the same period last year.
- March 15, 2018 08:05 PM IST
STARTEK to issue CSP 20.6 million shares of its common stock in exchange for all outstanding common stock of Aegis. CSP or an affiliate will increase its investment in STARTEK by purchasing 833,333 primary shares of common stock at $12 per share, representing a $10 million investment.
- March 15, 2018 12:01 PM IST
HDFC is eyeing to acquire Canara Bank’s 30 percent stake in the housing finance company Can Fin Homes as it has emerged as a frontrunner among bidders.
- March 08, 2018 08:17 AM IST
This isn’t the first time that TPG is in news for Fortis acquisition, the PE investor was on and off the deal table for Fortis buyout for at least three times in last three years.
- February 28, 2018 02:54 PM IST
Sources suggests CNBC-TV18 that at the last stage of the largest direct-to-home sector consolidation between Dish TV India and Videocon d2h, there could be a change in the deal to give Zee Group full control.
- February 27, 2018 07:38 PM IST
US media giant, Comcast proposed a cash offer to buy Sky for 22 billion pounds. This offer from Comcast is much higher than the offer put forth by Rupert Murdoch's 21st Century Fox. Fox offered 10.75 pounds per share for Sky while Comcast offered 12.50 pounds per share for the company.
- February 27, 2018 02:27 PM IST
In an interview to CNBC-TV18, S Ramesh, MD & CEO of Kotak Investment Banking, from the sidelines of Kotak Institutional Equities - Chasing Growth Conference, spoke about private equities and also on the merger and acquisition (M&A) trends.
- February 26, 2018 09:37 PM IST
Issues in transfer of mining rights in 18-20 states, a constraint.
- February 26, 2018 08:32 PM IST
Watch the interview of Murtuza Arsiwalla, Analyst at Kotak Institutional Equities, and Rohit Natarajan, Analyst - Institutional Equities at IDBI Capital Market Services with Shereen Bhan of CNBC-TV18, where they shared their views on ACC calling off Ambuja Cement merger.
- February 25, 2018 02:14 PM IST
Stating that the bid of Liberty House was submitted before the bids for Bhushan Power and Steel were opened, the company said that nothing unfair has happened.
- February 25, 2018 02:00 PM IST
According to a senior official, the government is awaiting for closure of Vodafone and Idea mobile tower sale transaction with American Tower Corporation.
- February 21, 2018 05:02 PM IST
Even as Tata Steel sheds off its European baggage, it is bidding aggressively for assets in India
- February 16, 2018 09:14 PM IST
JSW Steel, which was the favourite till the end of the race, was second placed with a bid of Rs 29,700 crore.
- February 16, 2018 03:37 PM IST
The insurance sector is ripe for consolidation and several deals are in the pipeline. HDFC's general insurance arm is looking at an acquisition.
- February 14, 2018 11:21 AM IST
Fortis said the proposed acquisition is aimed at consolidating the entire Indian portfolio.
- February 09, 2018 12:56 PM IST
More skeletons have stumbled on Friday, as Bloomberg reported that Singh brothers have taken USD 78 million out of the firm. The company said that Singh brothers are said to be working to pay back the money. The report also said audit firm Deloitte has refused to certify company’s Q2 results.
- January 22, 2018 10:48 AM IST
The Hindustan Petroleum Corporation (HPCL)-Oil and Natural Gas Corporation (ONGC) deal is through the final lap. In an interview to CNBC-TV18, MK Surana, CMD of HPCL spoke at length about deal.
- January 18, 2018 06:06 PM IST
Both companies will share responsibility for end-to-end development, manufacturing and global regulatory approvals for a number of products and will have a cost and profit share arrangement globally.
- January 15, 2018 01:45 PM IST
This is the opportunity that Vaidyanathan, an avid long distance runner, had been looking for to go the full hog as far as the banking sector is concerned
- January 15, 2018 10:48 AM IST
IDFC Bank will merge with Capital First at fixed share swap ratio of 139:10. In an interview with CNBC-TV18, Sanjiv Bhasin, Executive VP-Markets and Corporate Affairs at IIFL, Digant Haria, AVP Research at Antique Stock Broking and Kunal Shah, Associate Director of Edelweiss Financial Services shared their reading and outlook on the same.
- January 12, 2018 12:01 PM IST
Sources say that merger talks between IDFC Bank and Capital First may be in the final stages though both managements remain non-committal on the news.
- January 12, 2018 10:00 AM IST
The economic slowdown isn't helping matters as countries in Europe are increasingly pushing price caps, rebates and procurement of drugs through public tendering as policy prescriptions.