India's second largest airline, Vistara, is being merged with Tata-owned Air India. Apart from the opportunities, what challenges will this merger pose for the airlines? Find out what the experts say
With a single airline brand, Tatas aim for quick business turnaround
On July 27, the government approved a DoT proposal for the "Revival of BSNL and merger of BBNL with BSNL"
The board of directors of LTI and Mindtree fixed November 24, 2022 as the 'Record Date' for the purpose of determining eligibility of Mindtree shareholders to get shares of the amalgamated company.
Tata Consumer Products will issue one equity share for every 22 share held in Tata Coffee to existing shareholders
State-run hydro power giant NHPC on Thursday said its board has approved a proposal to merge the company's arm Jalpower Corporation Ltd with itself. NHPC had acquired Jalpower Corporation Ltd (JPCL) and its 120 MW Rangit Stage-IV hydro power project in March 2021 through insolvency proceedings. "Board of Directors of NHPC Ltd (Company or Transferee Company) in its meeting held on Thursday, November 10, 2022 has inter-alia approved the scheme of merger/ amalgamation of Jalpower Corporation Ltd (Transferor Company) (a wholly owned subsidiary of NHPC) with the Company," it said in a BSE filing. It also stated that since the merger is between wholly-owned subsidiary and holding company, no cash or issue of new shares shall be undertaken. There will be no change in shareholding pattern post merger. Earlier in March 2021, the company had informed the bourses that it has completed the formalities for the takeover of Rangit Stage-IV Hydro Electric Project (120 MW) by remitting Rs 165 cror
There is less money for companies as buyers slow down transactions amid geopolitical tension and higher capital cost.
The proposed amendments will require the GST Council's approval
On October 4, CCI said it has cleared the proposed Zee-Sony merger deal, which was announced in September last year
Preserving financial system stability an overriding objective for regulators says deputy governor Rajeshwar Rao
The deal with Tastemaker Acquisition Corp includes proceeds of $279 million from the special purpose acquisition company's (SPAC) trust account, assuming no redemptions
Sony-Zee merger caps the massive round of consolidation in the media and entertainment space that is on the cusp of change
Currently, the entity getting merged is removed from the index and later the weightage of the merged entity is increased
The adhesive maker's inclusion to be ad hoc; analysts divided over treatment around HDFC's removal
HDFC Bank reported a 20.1 per cent year-on-year increase in net profit to Rs 10,605.8 crore in July-September
Zee Entertainment Enterprises Ltd (ZEEL) on Friday said its shareholders have approved the proposal to merge with the rival Culver Max Entertainment Pvt Ltd, formerly known as Sony Pictures Networks India (SPNI). ZEEL received 99.99 per cent of the total vote polled favouring the resolution for the composite scheme of arrangement between the transferor company Zee Entertainment and Bangla Entertainment Pvt Ltd (BEPL) with the transferee Culver Max Entertainment (CME), said a regulatory filing by home-grown media major. This comes almost weeks after the fair trade regulator CCI's conditional approval to the mega merger deal between Sony and Zee, which will create one of the largest media groups in the country. ZEEL had called a meeting of its equity shareholders on Friday following the orders of the National Company Law Tribunal, which had directed it to get the scheme of arrangement approved from them as per the procedures of the Companies Act. "The approval marks yet another firm
SIA, however, has cautioned its investors that there is no certainty of a deal
Group conducting trial run at branches, preparing super app for merged entity called Shriram Finance
The proposal was passed by over 99 per cent of the number of valid votes cast, PVR said
Zee Marathi is category leader and among oldest in its bouquet