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  • AI Express, AirAsia India exploring synergies ahead of merger

    Both airlines are looking at synergies with respect to customer touch points, such as having a common website, social media handles and call centre.

  • Airtel to simplify shareholding structure in foreign arms

    It further said: "BAIN will continue to hold the shareholding in African operating companies and the company's investments in its wholly-owned subsidiaries Bharti Airtel (USA) Ltd, Bharti Airtel (Hong Kong) Ltd and Bharti Airtel (UK) Ltd will be help entirely by BISPL, another wholly-owned subsidiary of the company".

  • NPAs of associate banks to weigh on SBI: Religare Capital

    While many cost synergies may arise out of the merger, being a public sector bank, it cannot fire redundant employees, notes Parag Jariwala of Religare Capital, adding, pension-related costs will also inch up.

  • Ambuja-Holcim-ACC restructuring may not be so bad after all

    A merger of ACC with Ambuja Cements would have caused a 78 percent dilution in Ambuja‘s equity base, without adding much to the combined entity‘s earnings per share.

  • Amtek Auto picks 51.3% stake in JMT Auto

    Amtek has paid about Rs 110 crore for 51.27 percent in JMT Auto. There will be an open offer for 26 percent, following the government guidelines.

  • M&M-CIE pact is win-win deal; good news for mkt: Experts

    Market experts SP Tulsian of sptulsian.com, Umesh Karne of Brics Securities, Mitul Shah of Karvy Stock Broking and Amit Kasat of StanChart concur, on CNBC-TV18, that the deal will mutually benefit both companies in terms of synergies and geographical reach.

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