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39 Results Found
  • Eduvanz acquires mentoring platform Klarity Nov 19, 2020 01:35 PM IST

    Eduvanz acquires mentoring platform Klarity

    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

  • Exclusive I Competition regulator launches probe into Zomato-Uber Eats deal May 22, 2020 02:15 PM IST

    Exclusive I Competition regulator launches probe into Zomato-Uber Eats deal

    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.

  • Will changes in FDI policy meet India’s long-term strategic needs? Apr 24, 2020 12:55 PM IST

    Will changes in FDI policy meet India’s long-term strategic needs?

    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

  • RBI rejects proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance Oct 09, 2019 08:29 PM IST

    RBI rejects proposed merger of Lakshmi Vilas Bank with Indiabulls Housing Finance

    On May 7, Lakshmi Vilas Bank had sought voluntary amalgamation with IBHL and ICCL.

  • Govt may push for 2 more M&As in energy space to meet FY19 disinvestment target Dec 10, 2018 11:53 AM IST

    Govt may push for 2 more M&As in energy space to meet FY19 disinvestment target

    There are plans to make power generation major NTPC a holding company of the energy sector by acquiring three or more state-run companies

  • IL&FS gets over 12 expressions of interest for its stake in 2 subsidiaries Nov 26, 2018 06:32 PM IST

    IL&FS gets over 12 expressions of interest for its stake in 2 subsidiaries

    EoIs have been received from a mix of banks, private equity firms and other financial services companies, IL&FS confirmed.

  • IDBI Bank puts IDBI Federal Life Insurance stake sale on hold till LIC acquisition concludes Nov 21, 2018 03:48 PM IST

    IDBI Bank puts IDBI Federal Life Insurance stake sale on hold till LIC acquisition concludes

    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

  • Nasdaq-listed Ebix to acquire remittance company Weizmann Forex: Sources Nov 19, 2018 12:01 PM IST

    Nasdaq-listed Ebix to acquire remittance company Weizmann Forex: Sources

    India tops the list of nations in terms of remittances received. In 2017, the country received more than $60 billion in remittances

  • IL&FS, other NBFCs making timely repayments, says Bank of Baroda chief Oct 09, 2018 05:41 PM IST

    IL&FS, other NBFCs making timely repayments, says Bank of Baroda chief

    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 in talks with ONGC to merge MRPL with itself: Report Aug 31, 2018 01:09 PM IST

    HPCL in talks with ONGC to merge MRPL with itself: Report

    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

  • A dream come true for Capital First, but challenges ahead for Vaidyanathan Jan 15, 2018 01:45 PM IST

    A dream come true for Capital First, but challenges ahead for Vaidyanathan

    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

  • Shareholders' interests to drive decisions in IDFC-Shriram merger, says Ajay Piramal Sep 27, 2017 07:16 PM IST

    Shareholders' interests to drive decisions in IDFC-Shriram merger, says Ajay Piramal

    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 vs Ericsson: NCLT adjourns case hearing to October 6 Sep 26, 2017 07:55 PM IST

    RCom vs Ericsson: NCLT adjourns case hearing to October 6

    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 to meet govt officials on Wed to decide on further loans to Air India Sep 19, 2017 12:51 PM IST

    Bankers to meet govt officials on Wed to decide on further loans to Air India

    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.

  • Fitch lowers banks’ capital needs estimate to Rs 4 L Cr by FY19 on weak loan growth Sep 12, 2017 01:04 PM IST

    Fitch lowers banks’ capital needs estimate to Rs 4 L Cr by FY19 on weak loan growth

    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.

  • From SKS Microfinance to IndusInd, a bank is every MFI's destination point: Bharat Fin CEO Sep 11, 2017 09:02 PM IST

    From SKS Microfinance to IndusInd, a bank is every MFI's destination point: Bharat Fin CEO

    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.

  • TRAI to review procedural bottlenecks in telecom business Mar 14, 2017 05:43 PM IST

    TRAI to review procedural bottlenecks in telecom business

    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.

  • 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.

  • We haven't been approached by anyone: Axis Bank's Shikha Sharma Feb 24, 2017 09:43 AM IST

    We haven't been approached by anyone: Axis Bank's Shikha Sharma

    In a free-wheeling interview with Economic Times Axis Bank CEO Shikha Sharma said a marriage isn‘t on the cards. She was responding to market speculation that a a bunch of suitors have come calling.

  • M&A: Deal activity picks up 55% in Jan; energy top sector Feb 11, 2017 04:11 PM IST

    M&A: Deal activity picks up 55% in Jan; energy top sector

    Speaking to CNBC-TV18, Prashant Mehra of Grant Thornton said that 125 transactions worth USD 3 billion had taken place last month.

  • IOC chief welcomes proposal to merge oilcos into energy behemoth Feb 07, 2017 09:35 AM IST

    IOC chief welcomes proposal to merge oilcos into energy behemoth

    The chairman of the country‘s largest oil marketing firm believes that the government's Budget proposal to merge all state-owned energy firms into a consolidated giant will help them enhance their position in the international market.

  • Inflection point? Startups see more unicorn exits than births Oct 14, 2016 04:56 PM IST

    Inflection point? Startups see more unicorn exits than births

    As per a research report by CB Insights the number of tech unicorn exits (via IPO or M&A) exceeded the birth of such companies for the first time in six quarters.

  • Eye Rs 1 lakh crore turnover by 2021: Kishore Biyani Sep 20, 2016 07:37 PM IST

    Eye Rs 1 lakh crore turnover by 2021: Kishore Biyani

    Speaking to CNBC-TV18, Future Group's founder and CEO Kishore Biyani said the group will now focus more on food, fashion and home.

  • BoI says no talks on merging with any other lenders May 20, 2016 09:00 PM IST

    BoI says no talks on merging with any other lenders

    State-run Bank of India denied reports of it getting merged with any of its stronger peers and said it has not received any suggestion from any quarter in this regard

  • Focus on spectrum trading, DoT needs to revise M&A: COAI Jun 19, 2015 01:26 PM IST

    Focus on spectrum trading, DoT needs to revise M&A: COAI

    Rajan Matthew, Director General, COAI told CNB-TV18 that focus of telecom operators is on the spectrum sharing and trading guidelines that are with Cabinet for approval.

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