FinMin's Alternative Mechanism gives nod for BoB, Dena, Vijaya Bank merger
Business | December 21, 2018 18:02 ISTBank of Baroda is the transferee bank, while Vijaya Bank and Dena Bank are the transferor banks in the amalgamation process, it added.
Bank of Baroda is the transferee bank, while Vijaya Bank and Dena Bank are the transferor banks in the amalgamation process, it added.
In order to quell the situation, the Indian Banks' Association (IBA) had raised its wage hike offer to 8 per cent from 6 per cent a day earlier.
The combination will have all India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
According to a regulatory filing with Securities and Exchange Commission (SEC), Walmart said the ongoing operations of Flipkart are expected to impact the US company's income negativel
Earlier on Friday, the Aditya Birla group firm said that the new entity born out of the Idea-Vodafone merger is proposed to be named Vodafone Idea.
The two-member team of Nic Coward, a consultant to FIFA, and Alex Phillips, Head of AFC-UEFA Affairs, is expected to meet the two Maidan heavyweights Mohun Bagan and East Bengal.
Reports said a group of ministers (GoM) will be formed for the merger of state-run banks, and the names of the banks for the merger will be submitted to the GoM
The two factions of the AIADMK finally merged on Monday with rebel leader O Panneerselvam made the Tamil Nadu Deputy Chief Minister and party coordinator
Six months after parting ways following the death of then Chief Minister J Jayalalithaa, the two factions of the AIADMK finally merged on Monday with rebel leader O Panneerselvam made the Tamil Nadu Deputy Chief Minister and party coordinator
Reliance Communications (RCOM) has received 99.99 per cent shareholders approval for merger of its wireless business with Aircel, a company statement said here on Monday.
The PMO is learnt to be drawing up plans for public sector lenders that could see some consolidation on the lines of the SBI merger recently
SBI today merged its operations with five of its associates and the Bharatiya Mahila Bank, making the country’s largest lender one of the top 50 banks in the world.
Telecom giant Vodafone and Aditya Birla Group-promoted Idea Cellular on Monday announced their long-anticipated merger, turning the combined entity into the country’s biggest telecom firm.
The Supreme Court on Saturday warned Malaysian billionaire and Maxis Group owner, T Ananda Krishnan, against whom summons were issued in Aircel-Maxis case and his firm’s top official Ralph Marshall to appear before a trial
Vodafone on Monday confirmed it's in talks with the Aditya Vikram Birla group for the merger of its Indian entity and Idea Cellular in what will be the largest such deal in the country's telecom space once it materialises.
Anil Ambani on Tuesday announced that a “virtual merger” of his Reliance Communications with older brother Mukesh Ambani’s Reliance Jio has now been effected to fulfil the dreams of their late father, Dhirubhai Ambani.
Ashok Leyland’s stock dropped by 3.43 per cent to Rs 81.65 on Thursday morning after the company announced the amalgamation of Hinduja Foundries Limited (HFL) with itself.
Kolkata: With five state transport corporations in West Bengal bleeding the government of Rs 600 crore in subsidy every year, Chief Minister Mamata Banerjee today hinted at the merger of some state transport corporations.“There is
Hyderabad: The Andhra Pradesh High Court today vacated a status quo order it had issued earlier on Sun Pharma-Ranbaxy merger process, paving the way for the pharma giants becoming a single entity.While vacating the status
Hyderabad: Daiichi Sankyo, owner of Ranbaxy Laboratories Limited, has filed a petition in Andhra Pradesh high court requesting it to vacate the ‘status quo' order it issued earlier on Sun Pharma-Ranbaxy merger process.The HC may
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