Tuesday, Oct 20, 2020 | Last Update : 05:43 AM IST

195th Day Of Lockdown

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merger

Govt trying to revive BSNL, MTNL, make them profressional

We want to revive them and make them professional, said Communications minister Ravi Shankar Prasad.

28 Nov 2019 2:50 PM

Peugeot and Fiat Chrysler unveil merger of equals

Merger would be achieved via creation of a parent company in Netherlands in which the shareholders of each current group would own half.

31 Oct 2019 2:14 PM

MTNL shares surge 5 pc; hit upper circuit on revival plan announcement

MTNL's scrip jumped 4.92 per cent to Rs 6.19 -- its upper circuit limit on the BSE.

24 Oct 2019 11:20 AM

Some 300,000 employees of Indian state-led banks strike against mergers

Government may call it a merger but in reality it is cold-blooded murder of six banks,” a release by the bank unions said.

23 Oct 2019 9:05 AM

Merger failure: Lakshmi Vilas Bank confident of raising capital

LVB is under the prompt corrective action framework of RBI since last month for low levels of capital buffers.

10 Oct 2019 5:24 PM

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Indiabulls Housing Finance, Lakshmi Vilas Bank hit 52-week lows

Indiabulls Housing Finance (IBHF) stock tumbled 18.02 per cent to trade at Rs 197 on the BSE.

10 Oct 2019 12:11 PM

34 functional teams to smoothen merger of UBI, PNB, OBC

Merger will make the new entity the second-largest bank in the country after the SBI with a total business volume of Rs 18 lakh crore.

02 Oct 2019 12:13 PM

Allahabad Bank board approves merger with Indian Bank

Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the merger.

17 Sep 2019 9:00 AM

Boards of Allahabad, Andhra Bank schedule meeting for merger proposals

Following next year, Bank of Baroda had merged Vijaya Bank and Dena Bank with itself.

12 Sep 2019 9:14 AM

Grab in talks to merge Indonesian payment firms to overtake Gojek: sources

Grab and Gojek are the top-two startup brands in Southeast Asia, valued at USD 14 billion and USD10 billion.

11 Sep 2019 11:57 AM

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Merger woes: Bank officers associations to meet in Delhi on Sept 5

All the general secretaries of all banks' officers associations will meet there and finalise the action program to oppose the merger.

03 Sep 2019 2:59 PM

PSB stocks plunge up to 9.3 per cent post merger announcement

Shares of Corporation Bank tanked 9.28 per cent to Rs 17.10, Punjab National Bank plunged 8.54 per cent to Rs 59.40.

03 Sep 2019 1:11 PM

There will not be single job loss due to merger of banks: FM

I have very clearly underlined the fact that there shall not be one employee removed, said Finance Minister Nirmala Sitharaman.

01 Sep 2019 4:55 PM

Board to soon consider amalgamation with OBC, United Bank: PNB

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans.

31 Aug 2019 2:14 PM

Banks merger reflects govt resolve to address economic slowdown: India Inc

Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.

31 Aug 2019 11:08 AM

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From 27 to 12, Finance Minister announces mega PSU bank mergers

Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.

30 Aug 2019 4:55 PM

DoT working on proposal for MTNL, BSNL merger; final call by Cabinet: Source

The net worth of BSNL stood at Rs 34,276 crore, while MTNL had a negative networth of Rs 9,735 crore as on April 1, 2019.

30 Jul 2019 4:11 PM

Indiabulls Housing Finance-Lakshmi Vilas Bank merger gets CCI nod

In April this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance in a share-swap deal.

21 Jun 2019 11:24 AM

Fiat Chrysler withdraws offer of merger with Renault

The government has warned against ‘any haste’ regarding the proposed 50/50 merger.

06 Jun 2019 8:49 AM

Renault to decide on merger talks with Fiat Chrysler

Nissan, a long-time Renault partner, fears being sidelined by the deal.

04 Jun 2019 11:45 AM

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