SEBI's handling of the merger between ICICI Bank and ICICI Securities has raised eyebrows, with many investors questioning the regulator's leniency in allowing the bank to bypass its own rules.
Many publicly traded companies are now sitting on sizeable cash reserves and borrowing costs appear to be stable. Buyout funds, too, are awash with cash and itching to deploy it. The worry must be that financial firepower, frustration and a fear of missing out make for ill-disciplined acquisitions. Recent history backs the idea that buyers struggle to make megadeals pay
In this edition of Moneycontrol Pro Panorama: India's rising inequality not a political handicap, gold to glitter more in 2024, thermal plant incentives a boon for NTPC, BJP can overtake TMC in Bengal, and more
In today's edition of Moneycontrol Pro Panorama: Japan's bank rate hike and its implications, current political situation re-asserts belief in cash, are the Gandhi siblings ready for Amethi-Rae Bareli fight, India's Central bank report confirms growth momentum, and more
In this edition of Moneycontrol Pro Panorama: IT stocks still a favourite despite earnings cut, learn to predict market price reversals to stay ahead, impact of recent tyre price cut explained, Trump's tantrums a sign of what's to come, and more
Nazara Technologies said it is scouting for investment opportunities in gaming, esports, and adtech areas with a particular focus on established gaming IPs and studios as well as cutting-edge technologies such as web3, Virtual Reality, and artificial intelligence.
Since launching operations in India in 2007, ATC India’s portfolio has expanded to approximately 75,000 towers. The firm has a national presence and services all major telecom service providers in the country
The merger exercise of 2020 hasn’t arrested the market share contraction of public sector banks either. In FY20, PSBs accounted for 58 percent of the credit and held 62 percent of deposits which dropped to 54 percent share in credit and 59 percent of share in deposits by FY23.
Analysts expect the bigger players will continue to buy up smaller companies and consolidate to protect and gain market share on expectations of robust demand.
The action is timely and will take care of volatility that may ensue after the HDFC-HDFC Bank merger and the Reliance-Reliance Jio Financial Services demerger
The fair trade regulator has asked Zee and Sony to ensure no misuse of market dominance that will arise as a result of the proposed merger, sources said.
The potential merger is aimed at creating a market leading operator that could speed up the launch of 5G in Britain and expand broadband connectivity.
The Competition Amendment Bill aims to bring sweeping changes to India’s Law, setting new checks on abuse of dominance, purchase of controlling stakes and M&A agreements by companies and much more. Nisha Poddar is in conversation with CCI Chairman, Ashok Kumar Gupta to share more details on the bill
The future of the ed-tech industry in the post-Covid world is a combination of online and offline learning, with the omnichannel model being more sustainable even going forward, therefore, ed startups along with the unicorns are eyeing the hybrid retail model, TeamLease EdTech founder and CEO Shantanu Rooj told PTI.
India saw about $82 billion pending and completed M&A deals in the second quarter, the busiest ever, according to data compiled by Bloomberg.
The stock was trading 3.8 percent higher to Rs 2946.35 on BSE
Accommodative monetary policies from the U.S. Federal Reserve fueled a stock market rally and gave company executives access to cheap financing, which in turn emboldened them to go after large targets.
Eduvanz which processes education loans for students has acquired Klarity which connects students with mentors from the industry who can help them with their future coursework, job openings and others
CCI examining if Zomato’s acquisition of Uber Eats India is anti-competitive and whether the two companies should have notified it about the transaction. Probe could impact similar deals between leading players.
The proposed amendments might save Indian firms for the time being, but, more than geographic restrictions, it is sectoral restrictions that may play the desired role
On May 7, Lakshmi Vilas Bank had sought voluntary amalgamation with IBHL and ICCL.
There are plans to make power generation major NTPC a holding company of the energy sector by acquiring three or more state-run companies
EoIs have been received from a mix of banks, private equity firms and other financial services companies, IL&FS confirmed.
Due to lack of clarity on the stake sale in IDBI Bank, there was an impact on the business of its life insurance joint venture: IDBI Federal Life
India tops the list of nations in terms of remittances received. In 2017, the country received more than $60 billion in remittances