Business  /  Published 17.07.20

Stellantis: A star is born

The combined company resulting from the merger of Italian-American carmaker Fiat Chrysler Automobiles and France’s Peugeot owner PSA will be called Stellantis, the auto makers said on Wednesday....
By PTI & Reuters in Paris

Business  /  Published 09.07.20

Govt halts insurance trio merger for now

The government has put on hold the merger of three general insurance PSUs as it decided to infuse Rs 12, 450 crore in the ailing trio, raising the prospect of a similar recapitalisation plan for PSU b...
By Our Special Correspondent in New Delhi

Business  /  Published 07.06.20

AstraZeneca seeks merger with Gilead

Britain’s AstraZeneca Plc has approached US rival Gilead Sciences Inc about a possible merger that would form one the world’s largest drug companies, Bloomberg News reported on Sunday, citing peop...
By Reuters in London

Business  /  Published 02.06.20

Seal on Max India recast plan

Max India on Monday said the National Company Law Tribunal (NCLT) has approved the composite scheme involving the merger of its healthcare assets into Max Healthcare and the demerger of its residual ...
By Our Special Correspondent in Mumbai

Business  /  Published 17.05.20

Bank mergers on the plate

The new PSU policy which limits the role of state enterprises has opened up the possibility of more mergers of state-owned banks.A key highlight of the proposed policy is that the Centre will open all...
By Our Special Correspondent in Mumbai

Business  /  Published 23.04.20

Telecom tower merger put off again

Bharti Infratel on Thursday again extended the deadline for its merger with Indus Towers to June 24.In a communication to the stock exchanges, the tower infrastructure firm said as the conditions requ...
By Our Special Correspondent in Mumbai

Business  /  Published 01.04.20

Hindustan Unilever seals Glaxo deal

FMCG giant Hindustan Unilever (HUL) on Wednesday said the merger of GlaxoSmithKline Consumer Healthcare Ltd (GSKCH) with itself has been completed.On December 3, 2018, HUL had announced the merger of ...
By Our Special Correspondent in Mumbai

Business  /  Published 26.03.20

Bank mergers on track

The mega consolidation of 10 public sector banks into four global sized lenders would take effect from April 1 as scheduled, the government said on Thursday.“At the moment there is nothing on that,...
By Our Special Correspondent in New Delhi

Business  /  Published 05.02.20

Insurance merger date

The government aims to complete the merger of three state-owned general insurance companies — National Insurance, United India Insurance, and Oriental Insurance — by the end of March, finance secr...
By PTI in New Delhi

Jharkhand  /  Published 19.01.20

JVM MLA showcause thickens merger plot

JVM chief Babulal Marandi has slapped a showcause notice on his party’s MLA Bandhu Tirkey for “anti-party activities” during the recent Assembly poll campaigning, acting on a complaint from the ...
By Vijay Deo Jha in Ranchi


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