merger
HPCL to acquire MRPL in share-swap deal
At present, ONGC owns 71.63 per cent stake in MRPL while HPCL has 16.96 per cent.
IndusInd to buy Bharat Financial; merger to be over in 10 months
Shareholders will receive 639 shares of IndusInd for every 1,000 shares of the microfinance major.
IndusInd Bank approves acquisition of Bharat Financial
IndusInd Bank will exchange 639 of its shares for every 1,000 shares in Bharat Financial.
Idea shareholders approve scheme of merger with Vodafone India
Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.
IOC drops plans to merge Chennai Petroleum with itself
IOC has major dealings with the US including recent buying of US oil.
No impact of Aircel merger cancellation on RCom's rating: Moody's
Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.
Thyssenkrupp to set up working group with unions over Tata Steel merger
Thyssenkrupp top management’s move this week to sign a memorandum of understanding with Tata Steel for a 50-50 joint venture.
Vodafone merger: Idea shareholders, creditors meeting on Oct 12
Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.
'Sans fund infusion, PSB mergers won't improve capitalisation'
Govt owns majority stakes in 21 banks and merger of some of them is being considered for broader economic revival.
'Govt ready to provide capital support for PSU banks' merger'
State-owned banks are grappling with Rs 6 lakh crore worth of non-performing assets or bad loans.