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

Auto  /  Published 18.12.19

Fiat, Peugeot clinch merger

Fiat Chrysler and PSA of France said on Wednesday that they had agreed to the terms of a merger that would create the world’s fourth-largest automaker.The companies said they had signed a binding ag...
By Jack Ewing and Liz Alderman/New York Times News Service in New York

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

Opinion  /  Published 24.09.18

Bank merger: Bold but ugly

The Centre tends to act in stealth, has little patience for wider consultation, and loves to spring surprises. There was clear evidence of this when the finance minister, Arun Jaitley, announced the m...
By The Editorial Board in

Opinion  /  Published 04.09.19

Bank mergers: Software trumps financial realities

The Narendra Modi government loves to spring surprises. The announcement last Friday that 10 State-owned banks would merge to form four larger entities came straight out of the blue. Bank consolidatio...
By The Editorial Board in

Business  /  Published 31.08.19

PSB merger: Credit flow in question

The mega merger of public sector banks that includes two based out of the city has put a question mark on the credit flow to priority sectors such as agriculture, MSME, export credit, housing and soci...
By Pinak Ghosh in Calcutta

India  /  Published 30.08.19

Out now: Four bank mergers

Finance minister Nirmala Sitharaman today announced four bank mergers, a consolidation exercise started in 2017 that has brought the number of pubc-sector banks down from 27 to 12.Punjab National Bank...
By The Telegraph in New Delhi

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


Download our latest App

to get update on the go...


Copyright © 2020 The Telegraph. All rights reserved.