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RBI proposes NBFCs to take its nod for takeover/acquisition

Last Updated: Monday, March 30, 2015, 21:50

The Reserve Bank on Monday proposed that non-banking financial companies would have to take prior approval from the regulator for takeover or acquisition of such firms.

RBI wants non-bank finance companies to seek prior nod before any takeover

Last Updated: Monday, March 30, 2015, 20:54

The Reserve Bank of India proposed in draft guidelines published on Monday that prior written permission be obtained from the central bank for any takeover of a non-banking finance company (NBFC).

European stocks climb at open before UK budget, Fed

Last Updated: Friday, March 20, 2015, 18:16

European stocks climbed Friday, with London striking a fresh record peak on takeover news and after Greece pledged new plans to reform its bailout, dealers said.

BlackBerry shares jump on Samsung takeover rumours

Last Updated: Thursday, January 15, 2015, 04:47

Canadian smartphone maker BlackBerry`s shares jumped 30 percent Wednesday following a media report of recent takeover talks with South Korea`s Samsung.

AT&T rules out Vodafone bid for now

Last Updated: Tuesday, January 28, 2014, 02:11

AT&T`s statement means it cannot make an offer for Vodafone for at least six months, unless the British company invites it to do so or a third party enters the fray.

AT&T says not planning takeover bid for Vodafone

Last Updated: Monday, January 27, 2014, 13:38

US telecoms giant AT&T said on Monday that it was not planning to launch an offer for British mobile phone group Vodafone following fresh rumours of a mega bid.

Hitachi to acquire payment solutions firm Prizm

Last Updated: Tuesday, November 26, 2013, 15:56

Japanese firm Hitachi today said it will acquire Prizm Payment Services as part of plans to grow revenues in India by nearly 3 times to about USD 2.95 billion by 2015-16 fiscal.

ICE's takeover of NYSE to close on November 13

Last Updated: Saturday, November 9, 2013, 10:49

IntercontinentalExchange Inc said its takeover of NYSE Euronext would close on November 13, after clearing final regulatory hurdles on Friday.

BlackBerry board rejected proposals to break up company: Report

Last Updated: Saturday, November 9, 2013, 09:30

BlackBerry stunned investors this week by abandoning plans to sell itself, naming a new interim chief executive, and announcing an $1 billion convertible notes issue.

No love lost for BlackBerry, Watsa after surprise deal

Last Updated: Wednesday, November 6, 2013, 13:24

The investment deal with the Watsa-led group gives BlackBerry more time to come up with a new turnaround strategy.

'High-debt' deal not right for BlackBerry: Prem Watsa

Last Updated: Tuesday, November 5, 2013, 11:29

Hyderabad-born IITian Prem Watsa, who has come to the rescue of BlackBerry by injecting a per cent1 billion investment into the Canadian company, says an outright takeover bid would have been a mistake.

Sebi rejects 5 consent pleas in Sept-Oct; total reaches to 223

Last Updated: Tuesday, October 22, 2013, 18:58

Market watchdog Sebi has rejected five consent applications, in less than two month, by entities seeking settlement of proceedings against them in regard to their alleged violations of securities market norms.