Finance Ministry considering merger of Bhartiya Mahila Bank with SBI

Last Updated: Tuesday, June 30, 2015, 20:40

Finance Ministry is considering a proposal to merge newly created Bharatiya Mahila Bank (BMB) with State Bank of India.

Samsung's Cheil, pitching $8 bn merger, pledges higher returns

Last Updated: Tuesday, June 30, 2015, 13:04

Locked in a battle with an activist US hedge fund, the Samsung Group`s de facto holding company sought to win support for a proposed $8 billion merger with a sister firm by pledging to bolster post-deal shareholder returns.

MAN Diesel & Turbo acquires MaxWatt Turbines

Last Updated: Monday, June 29, 2015, 18:14

MAN Diesel & Turbo SE, a wholly owned subsidiary of MAN SE (part of Volkswagen AG) today said it has acquired 100 percent shares of engineering firm MaxWatt Turbines Pvt Ltd.

'Completed M&A deals value to rise 71% in 2015 to $30 bn'

Last Updated: Monday, June 29, 2015, 16:50

Total value of completed merger and acquisition (M&A) deals is expected to increase by 71 percent to USD 30.3 billion during this year, driven by business friendly reforms, a report says.

CCI clears Hyundai Steel-Hyundai Hysco deal

Last Updated: Friday, June 26, 2015, 23:31

Fair trade regulator CCI has approved the proposed merger of Hyundai Hysco with Hyundai Steel, saying the deal would not have any anti-competitive impact in the Indian market.

FMC to merge with SEBI by September: Sinha

Last Updated: Tuesday, June 23, 2015, 21:39

Capital markets regulator SEBI Tuesday said it expects the proposed merger of commodities regulator FMC with it to be completed by September-end and assured that that there will be no layoffs after the amalgamation.

GM and FCA line up financial advisers in merger stand-off

Last Updated: Thursday, June 18, 2015, 09:55

GM is being advised by Goldman Sachs, while FCA is working with UBS on the matter, several sources said, with one adding that Morgan Stanley was also working with GM.

Anil Agarwal rules out raising offer price for Cairn

Last Updated: Tuesday, June 16, 2015, 20:58

Notwithstanding the criticism of minority shareholders of Cairn India getting a raw deal, billionaire Anil Agarwal Tuesday ruled out his debt-ridden mining firm Vedanta Ltd raising the offer to absorb the cash rich oil firm.

Merger to strengthen financial performance of Vedanta Resources: S&P

Last Updated: Monday, June 15, 2015, 22:22

The proposed merger of two Vedanta Resources firms, Cairn India with Vedanta Ltd, will improve the financial performance of the group company, global agency Standard & Poor's (S&P) said.

Anil Agarwal meets Arun Jaitley; discusses Vedanta-Cairn merger

Last Updated: Monday, June 15, 2015, 21:48

Keen to get LIC support for his debt-ridden miner Vedanta Ltd absorbing cash-rich Cairn India, billionaire Anil Agarwal Monday met Finance Minister Arun Jaitley to explain the merger that hinges on minority shareholder support.

Cairn Energy, LIC hold key to Cairn-Vedanta merger

Last Updated: Monday, June 15, 2015, 17:14

Edinburgh-based Cairn Energy plc and state-owned insurer LIC hold the key to billionaire Anil Agarwal's move to absorb his cash-rich oil firm Cairn India Ltd into debt-laden resources arm Vedanta Ltd.