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  • Tata Steel may scrap merger plans with Thyssenkrupp: Report Mar 05, 2017 06:10 PM IST

    Tata Steel may scrap merger plans with Thyssenkrupp: Report

    Tata Steel may be considering breaking off talks over a planned merger of its European business with German conglomerate Thyssenkrupp, a UK media report claimed today.

  • SBI, associate banks merger: Share swap record date Mar 17 Mar 03, 2017 07:58 PM IST

    SBI, associate banks merger: Share swap record date Mar 17

    State Bank of India today fixed March 17 as the record date of share swap for the merger of its 5 associate banks with itself.

  • Banks unfazed by flagging retail loans, say housing push to help Mar 03, 2017 03:15 PM IST

    Banks unfazed by flagging retail loans, say housing push to help

    The demonetisation demon has come to haunt banks as their meal ticket retail loans have taken a hit by slower growth during the three months starting November.

  • Merged SBI entity may reduce job hirings by 30,000 Mar 03, 2017 11:20 AM IST

    Merged SBI entity may reduce job hirings by 30,000

    The State Bank of India (SBI) merger with its five associate banks is likely to close the door to future job recruitments at the merged entity.

  • M&A key for banks, SBI merger will be smooth: Ravikant Bhat Mar 01, 2017 05:08 PM IST

    M&A key for banks, SBI merger will be smooth: Ravikant Bhat

    Industry experts are of the opinion that a friendly consolidation in the banking space is favourable and big banks should take over the smaller banks. But, Ravikant Bhat of IDBI Capital Markets Services said that these banks are more inclined to run the banks independently.

  • Bank mergers: Friendly acquisitions favourable, say experts Mar 01, 2017 11:45 AM IST

    Bank mergers: Friendly acquisitions favourable, say experts

    In a discussion on consolidation in banking sector with CNBC-TV18, industry expert AK Purwar said consolidation is key for the industry. "Banks at the helm must flex their muscles and they must acquire their poorer cousins who are not so well managed," Purwar said. Such mergers result in better management of smaller banks, he said.

  • ONGC will gain strength, be $100 bn entity post merger: Experts Feb 28, 2017 12:46 PM IST

    ONGC will gain strength, be $100 bn entity post merger: Experts

    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.

  • SoftBank denies reports of participation in Voda-Idea merger Feb 23, 2017 07:16 PM IST

    SoftBank denies reports of participation in Voda-Idea merger

    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".

  • Idea jumps 8% on buzz of stake sale in merged firm to SoftBank Feb 23, 2017 10:02 AM IST

    Idea jumps 8% on buzz of stake sale in merged firm to SoftBank

    The stock has seen a phenomenal rise in the past one month, following the news of its merger with Vodafone gathering steam. A whopping 64 percent spike was seen in the stock in the past one month, while its three-day movement was seen up at nearly 10 percent.

  • Idea Cellular soars 5% as merged entity may sell 15-20% stake Feb 22, 2017 03:18 PM IST

    Idea Cellular soars 5% as merged entity may sell 15-20% stake

    Both Idea Cellular and Vodafone may look to sell 15-20 percent in the combined entity to financial investors, sources told CNBC-TV18.

  • Axis Bank's NPA woes may stall merger plans with Kotak: Analyst Feb 22, 2017 02:42 PM IST

    Axis Bank's NPA woes may stall merger plans with Kotak: Analyst

    Consolidation is the trend for businesses with mergers taking place in the telecom industry and now in the banking space too. Speaking to CNBC-TV18, Ashvin Parekh said that consolidation is an interesting way forward.

  • Here's why private banks may have shown interest in Axis Bank Feb 22, 2017 09:00 AM IST

    Here's why private banks may have shown interest in Axis Bank

    Morgan Stanley feels that Axis may have seen interest based on its strong retail deposit franchise, which make up for almost 80 percent of its funding. However, it has also highlighted concerns on the bank's profitability based on its NPAs.

  • Until bad loans are sorted, consolidation in PSBs will take time Feb 21, 2017 04:56 PM IST

    Until bad loans are sorted, consolidation in PSBs will take time

    Even as the government has approved State Bank of India‘s (SBI) merger with its five subsidiaries, further consolidation in the public sector banking space could be delayed.

  • IOC chief hints at merger with Chennai Petro, no timeline yet Feb 20, 2017 11:16 AM IST

    IOC chief hints at merger with Chennai Petro, no timeline yet

    At a time when there is proposal for consolidation of oil companies from the Finance Minister, oil major IOC has plans to merge its subsidiary Chennai Petroleum Corporation Ltd with the the company.

  • Idea soars 5.5% on buzz of merger with Vodafone in a month Feb 20, 2017 11:05 AM IST

    Idea soars 5.5% on buzz of merger with Vodafone in a month

    According to a report in PTI, the companies are likely to announce a signing agreement by February 24-25. Telecom major has brought its ex-India unit chief Marten Pieters to work on the merger.

  • Govt paves way for SBI, associates merger but challenges remain Feb 16, 2017 03:49 PM IST

    Govt paves way for SBI, associates merger but challenges remain

    State Bank of India, country‘s biggest bank is set to become even bigger, with the Cabinet approving its merger with its five subsidiaries on Wednesday.

  • SBI & associate banks shares soar 3-13% as Cabinet clears merger Feb 16, 2017 09:33 AM IST

    SBI & associate banks shares soar 3-13% as Cabinet clears merger

    State Bank of India has received Cabinet approval to merge its five subsidiaries, which will make the bank among top 50 banks in the world.

  • Cabinet gives nod to SBI merger with associates Feb 15, 2017 07:33 PM IST

    Cabinet gives nod to SBI merger with associates

    The Cabinet has given approval to the merger of State Bank of India with its five subsidiaries, Finance Minister Arun Jaitley announced on Wednesday.

  • Aircel case in SC not going to impact merger: RCom Feb 13, 2017 09:32 PM IST

    Aircel case in SC not going to impact merger: RCom

    Telecom operator Reliance Communications today hoped that the ongoing case against Maxis top officials will not impact the merger of its wireless business with that of Aircel.

  • Providence looks to exit Idea Cellular via block deal: Srcs Feb 13, 2017 01:37 PM IST

    Providence looks to exit Idea Cellular via block deal: Srcs

    As Idea Cellular gears up for a mega merger with Vodafone, private equity firm Providence, which has investments in the telco, is looking at an exit, say sources.

  • Idea stock may slip, more pain for telcos this year: Analysts Feb 11, 2017 06:47 PM IST

    Idea stock may slip, more pain for telcos this year: Analysts

    Idea cellular, which is Aditya Birla group‘s flagship telecom venture has posted one of the worst quarterly results since its listing. It has clocked in losses of Rs 385.5 crores in the third quarter. Prakash Diwan of Altamount Capital says that the stock will slip when the market opens on Monday morning.

  • Consultation on PSU oil merger may start next month: BPCL Feb 10, 2017 11:23 AM IST

    Consultation on PSU oil merger may start next month: BPCL

    BPCL expects oil consultation to start next month on the merger of PSU oil companies which will give a clearer picture of what government thinks, says Director-Finance, P Balasubramanian.

  • HDFC Life-Max Life merger faces yet another regulatory hurdle Feb 10, 2017 10:01 AM IST

    HDFC Life-Max Life merger faces yet another regulatory hurdle

    Sources have told CNBC-TV18 that the insurance regulator has sought a legal review on the proposed structure of the combine.

  • Grasim denies making 'large investment' in Idea Cellular Feb 01, 2017 11:38 AM IST

    Grasim denies making 'large investment' in Idea Cellular

    Aditya Birla group firm Grasim Industries today said it is not making any "large investment" into Idea Cellular as part of the proposed merger between Idea and Vodafone.

  • In pursuit of profit, Air India shortlists 3 consulting firms Jan 31, 2017 08:50 AM IST

    In pursuit of profit, Air India shortlists 3 consulting firms

    McKinsey, Bain, and EY are in contention for a contract to chart out a business strategy for the loss-making national carrier.

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