Adani Enterprises merges two subsidiaries to bolster green energy initiatives
Mumbai: Adani Enterprises Ltd. (AEL) has consolidated two of its subsidiaries with Adani New Industries Ltd. (ANIL) as part of its strategy to enhance its green energy portfolio.
Companies with turnover over Rs 500 cr in India required to seek CCI approval for mergers
New Delhi: The Competition Commission of India (CCI), on Tuesday, introduced new regulations expanding the scope of companies that must obtain approval for mergers.
CCI approves Reliance-Disney India merger
New Delhi: India's anti-trust regulator has approved Reliance Industries Ltd's Rs 70,350 crore merger with Disney's Indian media assets, subject to specific voluntary modifications, paving the way for a media giant.
Singapore's anti-trust watchdog okays Vistara-Air India merger
Singapore's anti-trust regulator announced its approval of the merger between Air India, owned by Tata Group, and Vistara, a joint venture between Tata and Singapore Airlines, subject to certain conditions, Reuters reported.
Failed ZEEL-Sony merger drains Rs 3,130 crore from MFs, insurers
Mumbai: The failed $10-billion merger between Zee Entertainment Enterprises Ltd and Sony Pictures Networks India resulted in a substantial wealth loss of approximately Rs 3,130 crore for mutual funds and insurance companies on Tuesday, according to a media report.
ZEEL approaches NCLT seeking implementation of merger deal with Sony
Mumbai: Zee Entertainment Enterprises Ltd on Wednesday took legal actions by filing petitions with the National Company Law Tribunal in Mumbai and initiating proceedings at the Singapore International Arbitration Centre after Sony's termination of a $10-billion merger deal, media reports said.
Sony-Zee $10 billion merger deal collapses, Zee shares slide after breakdown
After two years of stalled negotiations, Japan’s Sony Corp officially called off its planned $10 billion merger between its Indian subsidiary and Zee Entertainment Enterprises Ltd. (ZEEL) on Monday (January 22), media reports said.
CCI approves Air India-Vistara merger
New Delhi: India’s anti-trust watchdog the Competition Commission of India (CCI) has approved the merger of Tata Group airlines Vistara and Air India, making Air India the largest international carrier in India and the second biggest domestic carrier after IndiGo.
New Delhi: The Competition Commission of India (CCI) has approved the acquisition of Marnix Lux by Concentrix Corporation and shareholding in the combined company by the shareholders of Marnix Lux.
IDFC First Bank plans merger with IDFC
Mumbai: The board of IDFC First Bank has given its approval for the merger of IDFC Ltd and IDFC Financial Holding Company with the bank through a scheme of amalgamation.
IndiGo denies report on buying majority stake in troubled Go First airline
Gurugram: InterGlobe Aviation Ltd which operates India’s largest airline IndiGo has refused to answer queries over news reports that it is trying to buy a majority stake in troubled carrier Go First.
Tata Group, Singapore Airlines in talks to merge Air India and Vistara
Singapore Airlines Ltd and Tata Group are in confidential discussions over a likely deal that may involve the integration of Vistara and Air India, Reuters reported.
Tata Sons working on merger of Air Asia India with Air India Express: Report
Mumbai/IBNS: Tata Sons has started working on the merger of budget carrier Air Asia India with Air India's low fair wing Air India Express in a bid to achieve synergies and cut operational costs, Economic Times reported.
Indian Bank board approves Allahabad Bank merger
Chennai, Sep 18 (UNI) The Board meeting of Indian Bank on Wednesday gave its in-principle approval for the merger of Allahabad Bank with it.
Transactions (M&A) and Risk Consulting Business of BMR to merge with KPMG India
New Delhi/Kolkata, July 20 (IBNS): KPMG in India on Thursday announced the merger of the Transactions (M&A) and Risk Consulting Businesses of BMR (BMR).