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
Of the total debt of IL&FS of Rs 91,000 crore as on March end 2018, banks have lend about Rs 57,000 crore
HPCL, which owns 17 percent stake in MRPL, is in discussion with ONGC for a transfer of shares. ONGC holds a 71.63 percent stake in MRPL
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
One of the biggest financial merger deals in the country, IDFC with Shriram Group, has hit a hurdle after it faced opposition from some of its shareholders.
RCom will file its reply to Ericsson's petition before the next hearing and the former will be heard in the National Company Law Tribunal (NCLT) on October 6, according to CNBC TV18 reports.
Bankers will meet government officials including the Aviation Minister and the ministerial group on Wednesday to decide the fate of further loans to the financially-troubled national air carrier Air India.
Capital need estimates have fallen from the previous estimate of USD 90 billion as a result of asset rationalisation and weaker-than-expected loan growth.
The swap ratio being considered is one share of IndusInd Bank for 1.75 shares of Bharat Financial while RBL had proposed a 2:1 ratio.
Regulator TRAI today stressed the need to identify bottlenecks that make the functioning of telecom business difficult in India and listed out processes such as licence acquisition, spectrum allotment and mergers that can be reviewed.
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.