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MERGER
Mamata Banerjee seeks close Congress ties, triggers buzz of 'merger wish'Following a recent meeting between Mamata Banerjee and Sonia Gandhi, her nephew Abhishek Banerjee met Rahul Gandhi, signaling a potential s...- President approves merger of REC with Power Finance CorporationThe President has approved the merger of REC Ltd into Power Finance Corporation. This move follows PFC's acquisition of a majority stake in...
- RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
- Paramount, Warner Bros deal under EU subsidy scrutiny, decision due July 14A massive $110 billion deal for Warner Bros Discovery by Paramount Skydance Corp faces European Union scrutiny. Gulf sovereign wealth funds...
- Carlyle seeks banks for India IPO of healthcare RCM providerCarlyle has sought investment bank pitches for a potential India IPO of its healthcare revenue cycle management platform created through th...
- Nuvei to value Payoneer at about $2.7 billion including debt in deal, sources sayCanadian payments firm Nuvei is nearing a deal to buy Payoneer Global. The acquisition is valued at approximately $2.7 billion. This move w...
- Air India's foundations rebuilt, but aircraft delivery delays hurt growth plans: Campbell WilsonAir India's CEO Campbell Wilson is stepping down. He states the airline has rebuilt its foundations. However, aircraft delivery delays and ...
- SBI in $1 billion funding for Sun Pharma’s US dealState Bank of India is set to commit up to $1 billion to fund Sun Pharmaceutical Industries Ltd.'s $12 billion acquisition of Organon & Co....
- JioHotstar says Dhurandhar The Revenge drew 50 million viewers in opening weekendJioHotstar's action film Dhurandhar The Revenge saw an extraordinary launch. It attracted 50 million viewers in its opening weekend, markin...
- Infosys CFO Jayesh Sanghrajka joins Cars24 board as independent directorCars24 cofounder and CFO Ruchit Agarwal announced the appointment in a blog post, describing the move as significant for the used-car platf...
- On This Day in History, June 8: Porsche is born, Ghostbusters release, Siam renamed Thailand, Orwell's Nineteen Eighty-Four published, NFL merger announced, Robert F. Kennedy laid to rest and other major eventsOn This Day in History, June 8, the world witnessed events that shaped politics, warfare, literature and culture. The Viking raid on Lindis...
- Pakistan's interior minister arrives in Tehran for US-Iran peace talksPakistan's Interior Minister Mohsin Naqvi arrived in Tehran for crucial negotiations with Iranian officials on behalf of the United States....
- ‘Main Street vs The Merger’: Hollywood workers rally against $110 bn Paramount-Warner dealA major media merger faces opposition from industry professionals and politicians. They fear the Paramount Skydance acquisition of Warner B...
- Middle East conflict fuels airline bankruptcy risks, more mergers likely: IATASoaring jet fuel prices due to Middle East conflict are pushing budget airlines towards bankruptcy and industry consolidation, according to...
- Who is Stephen Buyer - pardoned by Donald Trump and why was Indiana Republican Congressman convicted?Stephen Buyer was found guilty in March of 2023 on four counts of securities fraud, and was sentenced in September of that year to 22 month...
- Paramount to face legal challenge from states on Warner dealTop lawyers from approximately 10 states, led by California, are preparing a legal challenge to Paramount Skydance Corp.'s $110 billion acq...
- US states preparing lawsuit to block Paramount's acquisition of Warner Bros, sources sayCalifornia, New York, and other states are preparing to sue and block Paramount's $110 billion acquisition of Warner Bros. The lawsuit, exp...
- DSV-Schenker: Why the world’s largest logistics integrations could reshape supply chains in IndiaAs DSV integrates DB Schenker to create a global logistics powerhouse, Naz Yusoff, DSV’s Regional Lead for Fairs & Events (APAC), outlines ...
- 8th Pay Commission latest news: J&K employee bodies seek fitment factor of 2.86–3.68, Rs 51,480 minimum basic payEmployee bodies from Jammu & Kashmir have urged the 8th Pay Commission to adopt a fitment factor between 2.86 and 3.68, which could raise t...
- US stocks: Fulcrum shares plummet over 50% after scrapping lead sickle-cell drug on FDA concernsThe oral drug, pociredir, was being tested to treat sickle-cell disease, an inherited blood disorder that can trigger pain, anemia and or...
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