Any merger initiative has to come from board of banks: Jayant Sinha
The government Tuesday set the record straight on merger of public sector banks, saying any initiative has to come from the board of the banks concerned, and its role is that of a facilitator.
May 10, 2016, 17:36 PM ISTIndia Inc sees PE-deals worth $1.19 billion in Feb: Thornton
Private equity deals worth USD 1.19 billion were announced in February, registering a jump of 62 percent over the corresponding period last year, largely driven by big ticket investments, says a report
Mar 20, 2016, 11:07 AM ISTM&As down 18% at $30 billion in 2015: Grant Thornton
Corporate India's merger and acquisition (M&A) deal tally declined 18 percent to USD 30.43 billion last year even as the number of transactions saw an uptick to a three year high.
Jan 21, 2016, 18:57 PM ISTIndia among top 10 acquirers in US market this year
Majority of these deals were in the pharma sector, with six transactions totalling USD 1.5 billion, as Indian companies seek to increase their scale in the US generics market, said a report by Baker & McKenzie.
Oct 18, 2015, 20:28 PM ISTIndia may adopt US-style law to block M&A to address security concern
India may adopt an American-style mechanism where the head of the government has the authority to block or unwind mergers and acquisitions by foreign companies that could threaten national security.
Apr 27, 2015, 19:16 PM ISTCCI clears Holcim-Lafarge deal
Fair trade watchdog CCI has given its green signal for the Holcim-Lafarge merger deal that would create the world's largest cement group, while directing Lafarge to sell its two plants in India to address anti-competition concerns.
Apr 01, 2015, 22:04 PM IST'Most shareholders oppose proposed merger of NSEL with FTIL'
The government in October last year had ordered merger of National Spot Exchange Ltd (NSEL) with its parent firm Financial Technology India Ltd (FTIL).
Mar 10, 2015, 20:09 PM IST