Page 2 - Merger

Reliance-Disney joint venture deal gets European Commission approval

The merger between RIL's Viacom18 and Disney's Star India is anticipated to conclude by early November, pending the final approvals from CCI, NCLT and the Broadcasting Ministry

InsuranceDekho merger to create new leader in segment, says RenewBuy

Reports have indicated that InsuranceDekho is in advanced talks to merge with RenewBuy in a cash-and-stock deal, which could value the combined entity at Rs 8,000 crore

Vistara-Air India merger: How these two distinct brands will blend

Experts say the merged entity will draw on USPs of both firms

Reliance eyes completing merger with Disney's India business in Q3

The merger of media assets of Reliance Industries and the India business of global media house the Walt Disney is expected to be complete by the end of the third quarter of this fiscal, according to a regulatory filing by billionaire Mukesh Ambani-led group. The fair trade regulator CCI has already approved the merger of Viacom 18 and Star India and NCLT (National Company Law Tribunal) has sanctioned the scheme regarding it. "The companies are in the process of obtaining other requisite approvals for the completion of the transaction and transaction closer is expected in 3Q FY 25," informed Reliance Industries on Monday in its quarter earning statement. The merger of Reliance group-controlled media assets - TV18 Broadcast and E18 - with Network18 Media & Investments has already been sanctioned by the NCLT and was made effective on October 3, it said. Earlier on September 27, the government approved the transfer of licenses relating to Non News & Current Affairs TV channels ...

Tata Capital, Tata Motors Finance merger receives RBI's approval

Through this merger, Tata Capital aims to attract new customers in the rapidly growing commercial vehicle and passenger car financing segments

Reliance-Disney merger holds promise for media business, but details matter

The merger will create a consolidated entity this market has never seen before. And it is, rightly, worrying. But it also contains the seeds of the argument for the merger

Regulations to taxes: How India made M&A easier for its companies

M&A activity in India has largely been unaffected by geopolitical uncertainty

DGCA grants approval for merger of AIX Connect, Air India Express

Approval process for this merger involved reviewing organizational structures and approvals, ensuring a seamless transfer of aircraft and personnel, and safeguarding the safety of ongoing operations

Merger promises 'huge' digital upgrade for Vistara, says Air India

AI-based chatbot has helped us "drastically" cut customer service centre costs, he added

Vodafone and Hutchison offer price pledge to answer UK's merger concerns

They said they were also prepared to commit to offer access to their joint network on pre-agreed terms to third-party operators with 2.5 million or fewer customers

SeQuent Scientific and Viyash Lifesciences announce strategic merger

The combined entity will have a stronger financial profile, enhanced R&D capabilities, and a streamlined supply chain, allowing it to serve global pharmaceutical clients more effectively

New rules for mergers involving foreign firms announced: What this means

Latest amendments introduced by the Ministry of Corporate Affairs require companies to receive prior permission from the Reserve Bank of India for mergers and acquisitions

NCLT okays merger plan of this oil exploration company; shares surge 20%

Deep Energy Resources shares climbed as much as 20 per cent to hit the upper circuit of Rs 317.68 on the NSE, and Rs 316 on the BSE during intra-day deals on Wednesday

Farewell Vistara! Airline to operate its final flight on November 11

Vistara-Air India merger: Vistara's final flight will take off on November 11, with all future bookings transitioning to Air India. Vistara will cease bookings for flights after that day

Edgar Bronfman submits roughly $4.3 bn rival bid for Paramount Global

Skydance Media and its deal partners reached an agreement last month to acquire Paramount in a complicated transaction, in which it would buy out the Redstone family's controlling stake in Paramount

Pine Labs secures NCLT approval to merge domestic, Singapore entities

The development comes as the Singapore-based digital payments company is shifting its domicile back to India. The cost of the reverse flipping could not be ascertained

Slice gets NCLT nod for its merger with North East Small Finance Bank

This paves way for official merger, combining Slice's digital prowess with North East Small Finance Bank's banking expertise to deliver a superior financial experience to Indian consumers, it said

PE firm Blackstone likely to own majority in Aster-Care merged entity

While the unlisted Quality Care India is valued at around Rs 16,826 crore ($2 billion) by bankers, Aster DM Healthcare's total market valuation was Rs 18,424 crore as of Monday

After Air India, Vistara announces VRS scheme for permanent ground staff

In a message sent to employees on Monday, Vistara stated that all permanent ground staff -- who had worked at the airline for five continuous years -- can take part in the VRS scheme

DVC to be corporatised, divided into 3 entities keeping ownership intact

The Damodar Valley Corporation (DVC), the first multipurpose river valley project of independent India, will be corporatised, unbundling into at least three entities for transmission, generation, and distribution to achieve greater efficiency, an official said on Wednesday. Praising the corporation, Union Power Minister Manohar Lal asked it to expedite the unbundling exercise during a review meeting at the DVC headquarters here during the day. He also suggested the board explore the IPO route to raise resources for its expansion plans. DVC functions under the Centre's Ministry of Power. Established in 1948, the DVC is an integrated power major spread across a command area of 24,235 sq km in West Bengal and Jharkhand. "The plan for corporatisation was on the agenda, but the minister wanted to expedite the process. The existing shareholding among the Centre, West Bengal, and Jharkhand governments will remain intact," DVC Chairman S Suresh Kumar told PTI after the review meeting. Th