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MERGER REGULATIONS
Punjab National Bank scouting for partner to build its M&A financing portfolio: CEOPunjab National Bank is seeking a partner for its merger and acquisition financing portfolio. The bank aims to gather $2.5 billion in speci...
RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...
JPC weighs key changes to Corporate Laws Bill, reviews AIF-to-LLP conversion and CSR normsA parliamentary panel is examining changes to corporate law amendments. Investors may become partners in newly formed LLPs instead of trust...
Uber to gobble up Delivery Hero in latest food delivery dealThe German firm operates in over 60 markets worldwide and has expanded beyond its traditional food business to "quick commerce", delivering...
JPMorgan posts record profit on big gains from dealmaking, stock tradingIn a remarkable feat, JPMorgan Chase announced its record profits for the second quarter, driven by impressive growth in investment banking...
Elevation’s new India fund; InsuranceDekho charts D-Street pathHappy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech ...
When Warren Buffett bought one company because of a book, and another on a handshakeHow does the world’s most careful investor buy a company with no due diligence at all? One of Warren Buffett’s acquisitions began with an a...
Merger of banks does not shield tenant from eviction under Delhi Rent Control Act: SCThe Supreme Court ruled bank mergers do not bypass landlord consent for eviction. Punjab National Bank must vacate premises by January 2027...
Google Cloud’s big India AI bet; Swiggy crosses key ownership thresholdGoogle Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...
Malabar Group companies' merger gets CCI nodThe Competition Commission of India approved the merger of fifty-one Malabar Group companies. These companies are primarily engaged in the ...
CCI clears UpGrad-Unacademy merger, paving way for major edtech consolidationThe Competition Commission of India’s (CCI) approval comes two months after the higher education and upskilling company and the SoftBank- a...
Britain's FTSE indexes slip as miners offset financial gainsLondon's FTSE 100 saw a slight dip as precious metal miners declined, countered by gains in financial stocks. EasyJet surged on a sweetened...
ITV and Sky reshape British TV landscape with $2.1 billion dealComcast's Sky is acquiring ITV's broadcast channels and streaming service for £1.6 billion, aiming to create a British media giant capable ...
PFC-REC merger: Which stock should you buy before the mega deal creates Rs 11 lakh cr power financing giantPower Finance Corporation (PFC) and REC's boards have approved a merger, creating India's largest power financing institution with a Rs 11 ...
Shutterstock shares crash 29% after Getty Images calls off $3.7 billion mergerShutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competiti...
UK may intervene in $110 billion Paramount-Warner Bros Discovery dealBritain is considering intervening in Paramount's proposed $110 billion takeover of Warner Bros Discovery, potentially delaying the deal de...
PFC-REC merger explained: Swap ratio, rationale, other key details as merger set to create Rs 11 lakh cr power financing giantThe proposed merger of Power Finance Corporation and REC will create India's largest power sector financing institution with a combined loa...