Mar 22, 2016 06:58 PM IST
McNally Bharat today said its board has approved merger of the company, its subsidiary McNally Sayaji Engineering and EMC Ltd with Kilburn Engineering.
- Mar 17, 2016 03:36 PM IST
In another twist to a high-profile tax battle, Vodafone has moved the Delhi High court after it recieved a notice from the Income-Tax department seeking a "special audit" of the company's books.
- Feb 24, 2016 05:25 PM IST
French cement maker Lafarge, which is reportedly scouting for buyers for its India business, has faced a fresh hurdle: merger control regulations have disallowed to sell its assets to Indian companies and Lafarge will likely have to look for buyers globally.
- Feb 23, 2016 07:45 PM IST
While discussions of the potential merger are ongoing, the move would be defined as a reverse takeover. All major business units would operate under their current names.
- Feb 16, 2016 08:28 PM IST
The Bombay High Court today extended
till March 31 the stay to the implementation of merger between
National Spot Exchange Ltd (NSEL) and Financial Technologies
(India) Ltd (FTIL).
- Jan 28, 2016 06:52 PM IST
Axiata Group Berhad and Airtel today signed a definitive agreement to merge their respective telecom subsidiaries -- Robi Axiata Ltd and Airtel Bangladesh Ltd -- in Bangladesh, Airtel said in a statement.
- Jan 07, 2016 08:37 PM IST
This is Quikr's fourth and the biggest strategic move in the real estate category since the launch of QuikrHomes about four months ago, it was announced at a news conference here.
- Dec 23, 2015 10:18 PM IST
Shareholders of Tree House will receive 53 shares of Zee Learn for every 10 Tree House shares held.
- Dec 22, 2015 03:31 PM IST
Analysts are divided over whether merger talks between RComm and Aircel is positive enough to warrant a buy on RComm shares.
- Dec 22, 2015 02:00 PM IST
Reliance Communications (RCom) is in talks with shareholders of telecom operator Aircel for a potential merger of the wireless or mobile businesses of the two companies.
- Dec 03, 2015 11:33 AM IST
According to sources Union Bank of India is keen to acquire Bhartiya Mahila Bank (BMB) and is in talks with the Finance Ministry officials on BMB merger.
- Oct 21, 2015 07:46 PM IST
ATC will be buying a 51 percent stake in Viom Networks.
- Sep 09, 2015 06:38 PM IST
Telecom major Bharti Airtel and Malaysia-based Axiata Group have begun talks to merge their operations in Bangladesh to create the second-largest operator in that country.
- Sep 02, 2015 09:00 PM IST
The Naresh Goyal-promoted Jet Airways today said its board has approved merger of the low-cost subsidiary JetLite with the parent airline.
- Aug 18, 2015 09:54 PM IST
Vedanta's Anil Agarwal was reacting to news of Cairn India minority shareholder LIC seeking a better offer, including higher dividend on the redeemable preference shares that the Vedanta plans to offer Cairn shareholders as part of its planned merger.
- Aug 11, 2015 12:33 PM IST
Abhaya Kumar, MD at Shasun Pharmaceuticals said the company's merger with Strides will be completed as soon as court approvals of the latter are in place. He is sure the merged entity will be effective from April 1 2015 itself.
- Jul 13, 2015 09:44 AM IST
The monitoring wing believes the merger is not favourable to Cairn minority shareholders. LIC feels the swap ratio needs to be sweetened. It is also seeking a higher premium on RPS.
- Jul 06, 2015 01:29 PM IST
According to the deal, each Cairn India shareholder would be offered an equity share of Vedanta Ltd apart from a 7.5 percent redeemable preference share of Rs 10 face value.
- Jun 30, 2015 04:36 PM IST
Sources say Cairn Energy Plc may seek a favourable swap ratio against the proposed ratio of 1:1.
- Jun 30, 2015 03:59 PM IST
Sources told CNBC-TV18 a Cabinet note has been floated with regards to this proposal, which would look to merge the women-only bank with State Bank of India.
- Jun 19, 2015 04:45 PM IST
V B Industries market capital stands at Rs 340 crore today. Its stock has gained five times since May 2015. The company invests in shares and securities and provides short term loans to corporates and high net worth individuals (HNIs).
- Jun 18, 2015 07:00 PM IST
Even as Vedanta is said to have refused to sweeten the Cairn deal, something that key shareholder LIC was reportedly insisting upon, the insurance behemoth is scrutinising documents related to the merger and will convey its decision to Vedanta before its July 11 annual general meeting.
- Jun 18, 2015 12:52 PM IST
Vedanta has made it clear that it does not want to change any of those contours with respect to the merger. However, it is coordinating with LIC officials to submit all the details.
- Jun 16, 2015 11:00 AM IST
Sistema Group, Government of Russia and Shyam Group are likely to hold about 10-12 percent stake in the merged entity. If the merger does go through, the combined entity will have 6.5 percent of the total telecom market share.
- Jun 15, 2015 08:30 PM IST
After announcing a mega merger between group firms Vedanta India and Cairn India, the management has got cracking immediately.