L&T Infotech and Mindtree merger: Keeping in mind strong growth momentum, analysts tracking the sector were not too confident if this would be the right time to go in for a merger.
The stock hit over three-year high of Rs 65.45, after rallying 13% on the BSE in Wednesday's trade, on the back of heavy volumes.
For L&T, this merger ties in with the group's vision of becoming more services-oriented
The merged entity would be the second-biggest in terms of m-cap (Rs 14.05 trillion), ahead of TCS but behind RIL
Mirroring the rally in the stock, market capitalisation of HDFC zoomed to Rs 4,85,691.18 crore
Baroda Mutual Fund and BNP Paribas Mutual Fund recently merged to become Baroda BNP Paribas Mutual Fund. Its CEO Suresh Soni spoke to Krishna Veera Vanamali on markets and the mutual fund industry
Adani Power on Tuesday said its board has approved an amalgamation scheme for the merger of its six wholly-owned subsidiaries with itself.
Demand is definitely coming back, said Chakravarti
The merger will also take Curefoods' market presence to 125 kitchens across 12 cities catering to over 10 cuisines
Social Capital Suvretta Holdings Corp. III and ProKidney will have a combined equity value of $2.64 billion, the companies said.
NCLT yet to approve process; company filed first motion petition with tribunal nearly two years ago
The Sony-Zee merger is one of the three pieces of good news from what has been a miserable year
Trucking finance firm's merger plans stoke fears of truck financing dilution
After mega deal, how will Zee-Sony merger unfold? Did market correction make new-age stocks value buys? How's the road ahead for cryptocurrencies in India? What is Securitisation? All answers here
Zee Entertainment and Sony Pictures have finalised their merger after 90 days of negotiations. This deal is likely to change the country's entertainment landscape. Find out how the future will unfold
ZEEL's current CEO and managing director, Punit Goenka, will lead the combined company
Street has reckoned Shriram Transport Finance Corporation as an indirect play on the CV cycle - this appeal will reduce post the potential merger, analysts said
Unlisted Shriram Capital is in the process of firming up the amalgamation with Shriram Transport Finance Co and Shriram City Union Finance Ltd
In its letter on Monday, Invesco said the lack of clarity around key aspects of the Zee-Sony announcement should concern all shareholders
The most important part of the deal is the $1.57 billion that will be infused into the new entity by Sony