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MERGER PROPOSAL
MetLife stake deal deemed approved; Bain and Olin proposals await CCI reviewMetLife International will raise its stake in PNB MetLife by 0.5% to 50.23% through a purchase from Jammu & Kashmir Bank, with CCI clearing...
Tata Trusts pitch Tata Sons restructuring as alternative to listingTata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to alter its regulatory c...
Stocks in news: Adani Power, SAIL, BCCL, SAIL, Cupid and CleanMax EnviroIndian equity benchmarks experienced an increase on Friday, noting that volatility in crude oil and bond yields affected investor sentiment...
Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree EnergiesIndian equity benchmarks experienced gains on Wednesday, driven by widespread buying in the market. Investors reacted positively to signs o...
Today’s Word of the Day: ‘Moot’ meaning and the difference between a moot point and moot questionWord of the day: The word "moot" has two commonly used meanings: an issue that is open to debate and a matter that is no longer practically...
Global Market: Warner Bros, Paramount shares jump on merger settlement talksShares of Warner Bros Discovery and Paramount Skydance jumped after reports that Paramount and California’s attorney general were in advanc...
Noel Tata proposes splitting Tata Sons as alternative to RBI-mandated listingNoel Tata suggested restructuring Tata Sons into multiple entities. This proposal offers an alternative to listing the holding company. The...
US stocks: US market ends sharply higher as AI optimism reignites and Treasury yields retreatStock markets surged on Monday, driven by impressive gains from leading AI companies such as Advanced Micro Devices. Meanwhile, Treasury yi...
US stocks: US stocks rise as AI stocks rally, oil tumbles over 3% on Middle East hopesWall Street indexes climbed on Monday, propelled by a surge in artificial intelligence stocks. Easing Treasury yields and declining crude o...
Can India build its own Big Four? The battle moves to the rulebookIndia is moving to reshape its accounting sector as ICAI prepares Chartered Accountants Act changes aimed at enabling larger domestic firms...
Indian Bank, Bank of Maharashtra, Canara Bank among 9 PSU banks to merge with SBI, PNB, BoB? PIB respondsA Gazette notification claiming that nine public sector banks will be merged into State Bank of India, Punjab National Bank and Bank of Bar...
ICAI prepares reforms for creating larger accounting firm networks; proposals expected in two monthsICAI plans to propose reforms within two months to help Indian accounting firms scale up and compete globally. The proposals include recogn...
JSW One plans to file Rs 3,000-crore IPO papersThrough the public issue, the JSW Group company is expected to raise Rs 1,300-1,500 crore in fresh capital, sources said. Backed by JSW Ste...
LVMH signed a secret 2002 pact to buy Hermes heir's shares. Now he says his fortune is missingLuxury giant LVMH signed a secret 2002 agreement to buy Hermes shares from Nicolas Puech. The company also paid his wealth manager over twe...
PKL media rights in flux as JioStar, teams seek to avert an ISL-style falloutPro Kabaddi League media rights talks involve JioStar seeking a fee reduction and franchises protecting the previous benchmark. Franchise o...
Powerus and Pakistan: The optics problem with a Trump-linked dealAmerican drone company Powerus' deal with Pakistan's army involves initial drone orders and potential joint ventures for local manufacturin...
CCI nod for Lakshmi Mittal-Poonawalla Rajasthan Royals stake buysThe competition regulator in India has sanctioned the acquisition of three cricket franchises, with Westview Cricket and Poonawalla Sports ...
China's car glut has long flooded the world. Now comes the cleanupChina's auto industry faces a major reset as production exceeds domestic demand significantly. Toyota's planned joint venture consolidation...
HDFC Bank sends two names to RBI for Jagdishan’s successor as MD & CEOHDFC Bank's board has recommended two candidates for the next MD and CEO role. These proposed appointments are for a three-year term, pendi...
8th Pay Commission: How basic salary of Level 6 employees may double in 7 years after DA merger?8th Pay Commission news: Employee and pensioner groups are urging the 8th Pay Commission to merge dearness allowance with basic pay. This m...