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2017 MERGER
Carlyle eyes $1 billion raise via auto, healthcare IPOsPrivate equity giant Carlyle is gearing up for significant IPOs in India, planning a $500 million listing for its automotive platform, High...- TMC rebel MPs may seek separate party recognition, Speaker to decide: Dilip GhoshWest Bengal minister Dilip Ghosh said the Lok Sabha Speaker will decide on any request by rebel TMC MPs for separate party recognition afte...
- AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offerDulux paint maker AkzoNobel has rejected a massive takeover offer. Rivals Nippon Paint and Sherwin-Williams proposed a €12.5 billion deal. ...
- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- Key moments in the Musk vs OpenAI trialA jury ruled Elon Musk waited too long to sue OpenAI, rejecting his claims that CEOs Sam Altman and Greg Brockman broke their nonprofit agr...
- Vi pins hope on cashflow growth, loans, tax refunds to meet Rs 1 lakh cr cash requirementVodafone Idea plans to raise over Rs 1 lakh crore in the next three years. This will fund network upgrades and debt payments. The company e...
- Vodafone Idea shares drop 4% after telco clarifies on treasury stock transfer report. Here's what it saidShares of Vodafone Idea fell nearly 4% after the company clarified it had not received any communication from Vodafone Group regarding a re...
- Delhi HC refers Zee-JioStar music copyright dispute to mediation, bars platform from using Zee's licensed worksZee Entertainment and JioStar India are heading to mediation to resolve a music copyright dispute. Zee sued JioStar for alleged unauthorize...
- HDFC Life approves Vibha Padalkar's re-appointment as CEO & Managing DirectorHDFC Life's board has approved Vibha Padalkar's reappointment as Managing Director and Chief Executive Officer. This new term will begin on...
- Vi amends pact with promoter to get Rs 5,836 crore in liabilitiesVodafone Idea has revised a key agreement with its promoter, the Vodafone group. This amendment aims to secure the recovery of nearly ₹5,83...
- Merger process major challenge for PSBs in near future: SBI chiefKumar said banks that are in the middle of the merger process need to be careful on information technology integration. "One of the challen...
- Merger of 3 PSU general insurers to be completed by FY'20As on March 31, 2017, the three companies together had more than 200 insurance products with a total premium of Rs 41,461 crore and a marke...
- No proposal for merger of Canara, Dena Bank: MoS FinanceSyndicate Bank, Canara Bank, Vijay Bank and Dena Bank have apprised that they have not made presentations about their merger or consolidati...
- Difficult fit: M&As are tough and last year it took a tumbleThe flavour of 2017 was more of a wait and watch policy owing to wide-ranging regulatory uncertainty and impact of demonetisation.
- Max Financial net profit jumps 51% at Rs 593 cr in FY17Total assets of the company as on March 31, 2017 rose to Rs 46,739.33 crore.
- For AIADMK, 2017 is not a repeat of 1989 mergerThe stumbling blocks that separated the factions - party general secretary V K Sasikala and her nephew TTV Dhinakaran are as of now not pos...
- Bourses to discontinue trading in Cairn from April 26Cairn India shareholders, as on record date, who will become shareholders of Vedanta, would also receive an interim dividend of Rs 17.70 pe...
- Vedanta board to consider payment of interim dividend"In view of the National Company Law Tribunal (NCLT) order approving the merger scheme, the board will also consider payment of said interi...
- Budget 2017 clarifies on mutual fund scheme mergerEarlier, when two mutual fund schemes got merged, an investor had to pay tax on the old scheme because the merger was considered a redempti...
- Cairn India's merger with Vedanta "uncertain", says S&PRating agency Standard & Poor's today said completion of the proposed merger of Cairn India with Vedanta Ltd appears "uncertain".
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