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 07.01.19

Bandhan Bank buys Gruh Finance

Bandhan Bank is acquiring Gruh Finance through a share-swap deal that will see the promoter stake in the Calcutta-based lender falling to 61 per cent. An exchange ratio of 568 shares of Bandhan Bank f...
By Our Special Correspondent in Mumbai

Business  /  Published 07.11.19

AllBank staff gets assurance

Indian Bank has sought external support to frame a mechanism for the amalgamation of Allahabad Bank with itself to ensure transparency in the process.The management of human resources is a key concern...
By Pinak Ghosh in Calcutta

Business  /  Published 25.11.18

Twin PSU mergers on way

The stake sale process is expected to pick up pace in the coming days with the government mulling more PSU mergers.The buzz is that the government may kick-start the process with top power generating ...
By R. Suryamurthy in New Delhi

Sports  /  Published 16.01.20

Mohun Bagan merge with Goenka’s ATK

Indian Super League side ATK and Mohun Bagan Football Club (India) Private Limited have decided to merge and form a new club that would play as one team from the 2020-21 season.The new entity will be ...
By Angshuman Roy and Sambit Saha in Calcutta

Business  /  Published 10.05.19

Tata-Thyssen deal flounders

The Tata Steel-Thyssenkrupp joint venture, which had sought to blend the steel assets of the two European giants in the game, teetered on the brink of collapse after the European Commission refused to...
By Our Special Correspondent in Calcutta

Business  /  Published 23.10.19

BSNL-MTNL merger

The government on Wednesday approved a Rs 69,000-crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and giving VRS to employees so that th...
By PTI in New Delhi

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


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