Tag: merger
Idea Cellular, Vodafone India Announce Merger
In one of the biggest mergers in the telecom space, Vodafone India and Aditya Birla Group-promoted Idea Cellular on Monday announced their much-awaited amalgamation.....
Indices Extend Gains On HDFC Merger Deal; Sensex Up Over 1,400 Pts
India's key equity indices -- Sensex and Nifty -- extended their gains from the previous week and gained sharply in early trade on Monday. ....
Vodafone, Idea In Merger Talks For Telco With 400 Mn Users
Ending months of speculation, 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.....
Merger Of Dena Bank, Vijaya Bank, Bank Of Baroda Announced
In a reform measure aimed at further consolidation, the government on Monday announced the merger of three state-run banks--Dena Bank, Vijaya Bank and the Bank of Baroda--that will make it the country's third largest bank with a combined business of Rs.14.82 lakh crore.....
BoB Issues Shares To Vijaya, Dena Bank Shareholders
Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came into effect on Monday.Bank of Baroda (BoB) has alloted Rs 52.42 crore worth of shares to the shareholders of the Vijaya Bank and Rs 24.84 crore shares to those of Dena Bank as the merger of the three banks came into effect on Monday.....
12 Telangana Congress MLAs Seek Merger With TRS
Twelve Congress MLAs in Telangana on Thursday urged the state Assembly Speaker to merge Congress Legislature Party (CLP) with the ruling Telangana Rashtra Samithi (TRS).....
Vijaya-Dena-BoB Merger To Be Effective From Monday
The amalgamation of Vijaya Bank and Dena Bank into the Bank of Baroda (BoB) will come into effect April 1 and all branches of the former two will function as branches of BoB.....
Vodafone Confirms Talks With Idea For Merger
Ending months of speculation, Vodafone on Monday confirmed it is 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.....
RCOM Gets CCI Approval For Aircel Merger
Reliance Communications has received an approval of the Competition Commission of India (CCI) for the proposed merger with Aircel, a company statement said here on Monday.....
SBI May Reduce Workforce By Nearly 10% By 2019, Says MD Rajnish Kumar
The total workforce of the country's largest lender -- State Bank of India (SBI) -- will see a reduction over the next two years, after the merger with six entities, owing to attrition, reduced hiring and digitisation, a top official said. ....
