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  Mega bank mergers in India credit positive but...: Here is global rating agency Moody's take

  Business | September 05, 2019 15:51 IST

  The mega merger of 10 state-run banks is credit positive, as it can increase their operational scale and growth capital, apart from improving their corporate governance over the long term, says a report.  

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  Indian Bank expects to complete merger with Allahabad Bank by March 31

  Business | September 03, 2019 15:31 IST

  Last week, the government announced consolidation of 10 public sector banks into four mega state-owned lenders, including merger of Allahabad Bank with Indian Bank.

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  Mixed reactions from brokerage firms on banking merger

  Business | September 03, 2019 15:12 IST

  Brokerage firms on Tuesday said that by and large the consolidation in the banking sector is a positive move, yet it can weigh on the merging entities in the near term. State Bank of India (SBI), Bank of Baroda (BoB) and leading private sector banks would edge the merging banks to be in a stronger position.

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  Merger can't tackle issues of low capital,higher NPAs:Analysts

  Business | August 30, 2019 21:43 IST

  Amidst the growing signs of deepening slowdown, finance minister Nirmala Sitharaman Friday announced four new set of mergers of state-run banks-- Punjab National Bank taking over Oriental Bank of Commerce and United Bank of India, creating the nation's second-largest lender; Syndicate Bank merging with Canara Bank; Union Bank of India will amalgamate with Andhra Bank and Corporation Bank; and Indian Bank will merge with Allahabad Bank.

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  FinMin's Alternative Mechanism gives nod for BoB, Dena, Vijaya Bank merger

  Business | December 21, 2018 18:02 IST

  Bank of Baroda is the transferee bank, while Vijaya Bank and Dena Bank are the transferor banks in the amalgamation process, it added.

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  Bank strike on December 26 against mergers, pay revision

  Business | December 01, 2018 23:40 IST

  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.

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  Idea Cellular completes merger with Vodafone India, all set to become largest telecom operator in country

  Business | August 31, 2018 12:41 IST

  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. 

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  Walmart expects to close Flipkart deal by the end of this year

  Business | June 05, 2018 20:57 IST

  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

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  All that you need to know about Idea-Vodafone merger

  Business | June 03, 2018 9:50 IST

  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.   

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  FIFA, AFC officials to visit Kolkata for ISL, I-League merger

  Football | September 10, 2017 20:38 IST

  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.

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  Cabinet nod to framework for consolidation of public sector banks, says Arun Jaitley

  August 23, 2017 17:08 IST

  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

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  From Jayalalithaa’s death to AIADMK split and then merger: A chronology of events

  National | August 21, 2017 18:30 IST

  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

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  OPS returns as Dy CM of Tamil Nadu after merger of AIADMK factions, Sasikala likely to be sacked

  National | August 22, 2017 7:36 IST

  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

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  RCom-Aircel merger gets shareholders’ nod for wireless business

  April 24, 2017 14:46 IST

  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.

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  Consolidation ahead? PMO keen on ‘few large banks’ instead of ‘many smaller ones’

  April 18, 2017 14:09 IST

  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

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  SBI merges operations with associates, BMB; joins league of world’s top 50 banks

  National | April 01, 2017 19:34 IST

  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.

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  Idea-Vodafone merger: Kumar Mangalam Birla to head new entity, biggest in India

  March 20, 2017 12:36 IST

  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.

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  If he doesn't come here, there will be consequences: SC warns Maxis’ founder for evading court

  February 04, 2017 18:19 IST

  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

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  Vodafone, Idea in merger talks, eyeing user base of over 400 million

  January 30, 2017 14:58 IST

  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.

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  RCom and RJio have ‘virtually merged’, says Anil Ambani

  September 28, 2016 8:23 IST

  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.