The merged entity will have a market share of about 6.8 per cent by loans, according to data as of March 2018.
18 Sep 2018 10:58 AM
Merged entity will be 3rd largest bank after SBI and PNB in terms of size, deposits and will continue to receive capital support from govt.
18 Sep 2018 10:29 AM
The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement.
31 Aug 2018 12:31 PM
Vodafone had set the end of August - or Friday - as its target to close the deal.
31 Aug 2018 8:34 AM
IDBI Bank Officers’ Association, in association with AIBOC, will go on strike from August 6-10.
06 Aug 2018 1:53 PM
Idea Cellular and Vodafone India made a joint payment of Rs 7,268.78 crore.
26 Jul 2018 3:49 PM
Company exuded confidence of completing the transaction by next month.
25 Jul 2018 3:02 PM
Idea Cellular and Vodafone have made payment under protest as demanded by the DoT for the merger.
24 Jul 2018 9:16 AM
DoT is revising its cash demand of Rs 3,926 crore on Idea-Vodafone, which as per initial assessment could come down by Rs 400 crore.
19 Jul 2018 9:44 AM
The department will adopt all procedural safeguards before allowing the merger as monetary issues are involved.
21 Jun 2018 12:10 PM
Idea and Vodafone have decided to combine their operations to create the country's largest telecom operator.
18 Jun 2018 12:15 PM
Meeting is also expected to take a call on issuance of recapitalisation bonds for some of the weak banks.
08 Jun 2018 8:52 AM
DoT will seek Rs 2,100 crore bank guarantee this month from Idea Cellular as one-time spectrum charge.
01 Jun 2018 8:37 AM
The National Company Law Tribunal (NCLT) had approved the proposed merger on March 8.
14 May 2018 1:35 PM
Shares of Jet Airways declined 2.36 per cent to close at Rs 499.80 apiece on the BSE.
10 May 2018 11:09 AM
In October last, IndusInd Bank had decided to acquire the country's leading micro-finance player BFIL.
24 Apr 2018 4:20 PM
India is already among the top three markets for Uber after the US and Latin America.
29 Mar 2018 12:24 PM
The mega merger has already received the green light from NCLT and markets regulator SEBI.
27 Mar 2018 12:43 PM
Dish TV India said it has duly filed required documents with the Registrar of Companies, Mumbai, Maharashtra.
22 Mar 2018 5:03 PM
Under the deal, IDFC Bank will issue 139 shares for every 10 shares of Capital First.
13 Jan 2018 3:33 PM