M&A

18 Sep 2018

The merger of the three loss-making banks would create a larger entity with higher net worth and higher financial clout, which would help instil greater confidence in these banks

17 Sep 2018

11 Sep 2018

Essar Steel, with its 10 million tonne a year production capacity, had outstanding debt of Rs50,786 crore as of March 2018 and the Rs42,000 crore offer is almost 83 per cent of its outstanding debt

10 Sep 2018

07 Sep 2018

Infosys will hold 60 per cent stake in the joint venture, Trust Services, with Temasek holding 40 per cent

07 Sep 2018

Aurobindo will pay $900 million for about 300 products, three manufacturing facilities in the US and Eon Labs Inc, a wholly owned unit of Sandoz Inc, besides performance-based payments of $100 million on products in the pipeline

04 Sep 2018

The move is aimed at acquiring a stake in Anglo American which will give the group access to diamonds, copper, platinum, coal, iron ore, nickel and manganese markets

31 Aug 2018

30 Aug 2018

While this clears the way for merger of India’s second and third-largest telecom service providers to form the largest telco in the country, the road ahead for the merged entity is not smooth

30 Aug 2018

29 Aug 2018

While an insurance company is not allowed to buy more than 15 per cent in another financial institution, the government has given a one-time exemption to LIC to raise its stake in IDBI Bank to 51 per cent

27 Aug 2018

News of entry of another foreign suitor in India’s retail-online market, with investment plan pegged at Rs3,500-4,000 crore, boosted Future Retail stock by 6 per cent in morning trade today

24 Aug 2018

Indore-based Ruchi Soya Ltd, which markets edible oil brands like Nutrela, Mahakosh, Sunrich, Ruchi Star and Ruchi Gold, is already India’s largest edible oil maker and its acquisition will make Adani Wilmur, the maker of Fortune brands, a major force in the edible oil market

23 Aug 2018

21 Aug 2018

Traders say the approval for Walmart’s acquisition of Flipkart “violated government’s FDI policy and that the combination is a sinister design to control and dominate the retail trade through the passage of e-commerce policy

21 Aug 2018

21 Aug 2018

20 Aug 2018

A stake in Reliance Retail will give Alibaba an edge over Walmart and Amazon as foreign entities are not allowed to hold inventory in India and can only operate as marketplaces

16 Aug 2018

13 Aug 2018

13 Aug 2018

11 Aug 2018

11 Aug 2018

09 Aug 2018

09 Aug 2018

While the Flipkart-Walmart alliance aims to fend off competition from e-commerce giant Amazon, the US retail giant announced plans to hire 1,000 professionals and also projected creation of 30,000 direct and indirect jobs through new cash-and-carry shops