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  • Lakshmi Vilas Bank approves merger with Indiabulls Housing Finance Apr 05, 2019 06:05 PM IST

    Lakshmi Vilas Bank approves merger with Indiabulls Housing Finance

    The merged entity's net worth will be Rs 19,472 crore, with 14,302 employees and a loan book of Rs 1.23 lakh crore.

  • The Indian merger control regime - A quick snapshot of the key highlights of 2018 Jan 16, 2019 02:38 PM IST

    The Indian merger control regime - A quick snapshot of the key highlights of 2018

    2018 witnessed generally swift and speedy approvals by the CCI. Yet again the CCI showed its maturity whether it was dealing with cases under the new Insolvency and Bankruptcy Code 2016 (Insolvency Code) or with high profile mergers such as Walmart/Flipkart and Siemens/Alstom.

  • Gruh & Bandhan - a marriage made on earth that foreign investors would fancy Jan 16, 2019 09:35 AM IST

    Gruh & Bandhan - a marriage made on earth that foreign investors would fancy

    In the longer run, anyone looking to come and invest in India would fancy the merged entity for their core portfolio in all probability

  • What should you do with Bandhan Bank stock post Gruh Finance deal? Buy, sell, or hold Jan 08, 2019 10:36 AM IST

    What should you do with Bandhan Bank stock post Gruh Finance deal? Buy, sell, or hold

    Most global brokerage firms have maintained their rating for Bandhan Bank, but expressed doubts about the synergies that the deal would offer

  • Bandhan Bank, Gruh Finance fall 4-10% post merger deal Jan 08, 2019 09:47 AM IST

    Bandhan Bank, Gruh Finance fall 4-10% post merger deal

    The amalgamation will result in enhancement of shareholders' value accruing from the synergy of operations, new products development, integration of technology and information

  • Quick Take | PSU bank merger: When the government is a risk factor Jan 03, 2019 02:51 PM IST

    Quick Take | PSU bank merger: When the government is a risk factor

    Outright privatisation will be the best option for state-owned banks, but the least the government should do is consider overhauling governance and management structures.

  • Bank of Baroda-Dena, Vijaya Bank merger: Brokerages say time to ‘buy’ Jan 03, 2019 11:13 AM IST

    Bank of Baroda-Dena, Vijaya Bank merger: Brokerages say time to ‘buy’

    The swap ratio appears fair in respect to Dena Bank owing to the multiple challenges faced by the bank, and most experts feel that Vijaya Bank shareholders have nothing to gain from this merger.

  • What should investors do with HUL after its deal with GSK; buy, sell or hold? Dec 04, 2018 09:56 AM IST

    What should investors do with HUL after its deal with GSK; buy, sell or hold?

    Brokerages feel that the deal is likely to be EPS-accretive for HUL and investors who have a time horizon of more than a year can hold the stock with a target placed above Rs 2,000

  • Bank of Baroda, Dena Bank and Vijaya Bank to appoint valuers for merger Oct 25, 2018 05:49 PM IST

    Bank of Baroda, Dena Bank and Vijaya Bank to appoint valuers for merger

    Applications are being invited from chartered accountancy firms to value each bank and decide on the probable swap ratio.

  • 7 steps a customer should take as govt merges PSU banks Sep 25, 2018 11:20 AM IST

    7 steps a customer should take as govt merges PSU banks

    Merger of banks is in the interest of the customers, so there is no reason to panic. When banks merge, sufficient care is taken to ensure that the impact on customers is minimal.

  • Govt proposes merger of Bank of Baroda, Dena Bank and Vijaya Bank Sep 17, 2018 06:43 PM IST

    Govt proposes merger of Bank of Baroda, Dena Bank and Vijaya Bank

    The announcement was made after a meeting on ‘alternative mechanism’ set up to consider consolidation in the banking sector.

  • Podcast |Editor's pick of the day: Aurobindo acquires Sandoz's dermatology and oral solids business for $900 million Sep 08, 2018 02:58 PM IST

    Podcast |Editor's pick of the day: Aurobindo acquires Sandoz's dermatology and oral solids business for $900 million

    The transaction will position Aurobindo as the second-largest dermatology player and the second-largest generics company in the US, by prescriptions.

  • KSUM, YES Bank ink Memorandum of Understanding to help startups Jun 27, 2018 08:47 PM IST

    KSUM, YES Bank ink Memorandum of Understanding to help startups

    A Memorandum of Understanding (MoU) to this effect was signed by Dr Saji Gopinath, CEO, KSUM and SanilChorinchath, Vice-President, Transaction Banking, YES Bank, here today.

  • Lone bidder looking to exit, IDBI Bank may have to restart IDBI Federal Life stake sale Jun 14, 2018 02:53 PM IST

    Lone bidder looking to exit, IDBI Bank may have to restart IDBI Federal Life stake sale

    Max Life had last week withdrawn its bid for IDBI Federal Life Insurance, after lenders refused to meet conditions put forth by the bidder

  • Hinduja Global Solutions buys AxisPoint Health for $14 million Mar 28, 2018 07:27 PM IST

    Hinduja Global Solutions buys AxisPoint Health for $14 million

    The deal was carried out between HGS Population Health LLC, USA, and CMH Services Subsidiary LLC, USA, operating under the trade name of AxisPoint Health.

  • Banks Board Chairman Vinod Rai bats for reducing govt stake in public sector banks Mar 27, 2018 09:31 PM IST

    Banks Board Chairman Vinod Rai bats for reducing govt stake in public sector banks

    Rai believes that public sector banking needs a mindset change to be more ‘nimble-footed. He says, government can't own 24 banks and that the "elephant must learn to dance"

  • Govt must reduce stake in public sector banks to check on frauds Mar 27, 2018 06:01 PM IST

    Govt must reduce stake in public sector banks to check on frauds

    In 2014, PJ Nayak committee report on ‘Governance of Boards of Banks of India’ recommended that Govt must distance itself from several bank governance functions

  • Aditya Birla Idea Payments Bank starts operations from February 22 Feb 22, 2018 08:04 PM IST

    Aditya Birla Idea Payments Bank starts operations from February 22

    Aditya Birla Idea Payments bank is among seven entities to get a final approval from the banking regulator. Airtel Payments Bank Ltd was the first payments bank. So far, Airtel, Paytm, India Post, and Fino Payments Banks have been launched

  • Budget 2018: Merging 3 PSU general insurers is prudent, says National Insurance CMD Feb 01, 2018 04:51 PM IST

    Budget 2018: Merging 3 PSU general insurers is prudent, says National Insurance CMD

    Rising losses and dropping solvency was a trigger for PSU insurers' merger decision.

  • Merged entity to focus on branch expansion, cross selling products: Capital First Jan 15, 2018 02:45 PM IST

    Merged entity to focus on branch expansion, cross selling products: Capital First

    Talking about the synergies of the combined entity, V Vaidyanathan, Chairman & MD, Capital First said they would be carrying capabilities of creating retail asset.

  • Oil, gas PSU mergers exempt from CCI approval Nov 23, 2017 12:50 PM IST

    Oil, gas PSU mergers exempt from CCI approval

    The corporate affairs ministry's decision to exempt such deals from the ambit of the Competition Commission of India (CCI) comes against the backdrop of the proposed consolidation and stake purchases among state-owned oil and gas companies.

  • Banking sector this week: ICICI Bank cuts headcount, NPA divergences raise questions; PSBs report more bad loans Nov 04, 2017 01:08 PM IST

    Banking sector this week: ICICI Bank cuts headcount, NPA divergences raise questions; PSBs report more bad loans

    Banking sector during the week saw more of disappointing news of job cuts, bad loans and NPA divergences raising questions on bank auditors. Further public sector banks reported losses due to rise in bad loans

  • T-Mobile, Sprint aim to announce merger without asset divestitures: Sources Oct 16, 2017 08:21 AM IST

    T-Mobile, Sprint aim to announce merger without asset divestitures: Sources

    While it is common for companies not to unveil divestitures during merger announcements, T-Mobile's and Sprint's approach shows that the companies plan to enter what could be challenging negotiations with U.S. antitrust and telecommunications regulators without having made prior concessions.

  • RBI imposes Rs 20 lakh penalty on Religare Finvest Oct 14, 2017 11:56 AM IST

    RBI imposes Rs 20 lakh penalty on Religare Finvest

    RBI had pulled up Religare Finvest for outstanding loans of Rs 1,156 crore to entities given under the "influence of its promoters", flouting lending guidelines and corporate governance norms

  • IndusInd aims to grow microloan book to 6% with Bharat Fin merger; deal likely on Saturday Oct 12, 2017 09:05 PM IST

    IndusInd aims to grow microloan book to 6% with Bharat Fin merger; deal likely on Saturday

    The Bank’s board members will meet on Saturday, October 14, and most likely announce the merger deal with Bharat Financial

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