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 01.09.19

Bad loan cloud over bank mergers

The success of the mega bank mergers announced last week would depend on how the lenders manage their bad loans, analysts said.On Friday, Union finance minister Nirmala Sitharaman had announced the am...
By Our Special Correspondent in Mumbai

Business  /  Published 31.08.19

PNB board gears up for merger

Punjab National Bank on Saturday said its board will meet on September 5 to consider the merger of Oriental Bank of Commerce and United Bank of India with itself.In a regulatory filing, the bank said ...
By Our Special Correspondent in New Delhi

Business  /  Published 30.08.19

10 PSU lenders combine to form 4 giant entities

The government on Friday announced four separate mergers of public sector banks in which 10 lenders will combine to form a quartet of new entities, with the aim to create world-class banks with strong...
By R. Suryamurthy in New Delhi

Business  /  Published 25.05.19

Data outfits to merge

The Modi government —whose first term was marred by questions raised on economic data credibility — issued orders to merge the National Sample Survey Office (NSSO) and the Central Statistics Offic...
By R. Suryamurthy in New Delhi

Business  /  Published 13.05.19

Tata, Thyssen scout for new partners

Tata Steel and Thyssenkrupp have started to look for new partners for their respective steel businesses in Europe after the proposed merger between the two failed to take off.The Indian company said t...
By Our Special Correspondent in Calcutta

Business  /  Published 04.03.19

Linde pushes for merger with Praxair

By Sambit Saha in Calcutta

Business  /  Published 18.02.19

Finance minister roots for bank mergers

Finance minister Arun Jaitley on Monday said India needed mega banks that were strong.“India needs fewer and mega banks which are strong because in every sense, from borrowing rates to optimum utili...
By Jayanta Roy Chowdhury in New Delhi

Business  /  Published 14.11.18

Vodafone Idea starts with Rs 4,974cr Q2 loss

Vodafone Idea on Wednesday announced its first quarterly results since the completion of the merger in August. The country’s largest telco posted a loss of Rs 4,974 crore for the second quarter end...
By Our Special Correspondent in Mumbai


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