US-based private equity major Blackstone may hold a majority stake in merged entity
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
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
Experts say the merged entity will draw on USPs of both firms
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 ...
Through this merger, Tata Capital aims to attract new customers in the rapidly growing commercial vehicle and passenger car financing segments
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
M&A activity in India has largely been unaffected by geopolitical uncertainty
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
AI-based chatbot has helped us "drastically" cut customer service centre costs, he added
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
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
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
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
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
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
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
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
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
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