TheNewsClues
Clues by Admin • 1 Aug 2018, Wednesday
National Company Law Tribunal (NCLT), Chennai has approved the merger of a Limited Liability Partnership (LLP) with a private company. The decision is unprecedented as the Companies Act, 2013 and the LLP Act, 2008 do not contain any express provisions providing for ... Continue Reading
Read More at The Economic Times
Clues by Admin • 19 Jul 2018, Thursday
The $23-billion merger deal between Idea Cellular and Vodafone India may soon get the final nod from the department of telecommunications (DoT) as the companies are likely to pay the Rs 7,268 crore in dues towards spectrum charges demanded from the ... Continue Reading
Read More at The Financial Express
Clues by Admin • 11 Jul 2018, Wednesday
Telecom Minister Manoj Sinha said today that the government has approved the Idea Cellular and Vodafone India merger, subject to completion of certain formalities by both the companies for final approval. The Department of Telecom (DoT) had accorded a conditional ... Continue Reading
Read More at The Economic Times
Clues by Admin • 3 Jul 2018, Tuesday
Telecom Minister Manoj Sinha said that the government will clear the long pending Idea-Vodafone merger immediately after the Department of Telecom (DoT) completes all statutory formalities. The merger, which will create the India's largest telecom company, was expected to ... Continue Reading
Read More at Times of India
Clues by Admin • 25 Jun 2018, Monday
The mega-merger deal of Idea Cellular and Vodafone India may not meet the expected June 30 timeline as the telecom department is looking to raise a fresh demand from Vodafone India for previous dues of Rs 4,700 crores. In 2015, Vodafone had merged ... Continue Reading
Read More at The Economic Times
Clues by Admin • 5 Jun 2018, Tuesday
The success of SBI’s merger with five associate banks and Bharatiya Mahila Bank on April 1, 2017, that launched SBI into the list of top 50 banks in the world has made the government consider another merger. As per a report, ... Continue Reading
Read More at The Economic Times
Clues by Admin • 4 Jun 2018, Monday
The government is considering merging at least four state-run banks, including Bank of Baroda, IDBI Bank Ltd, Oriental Bank of Commerce and Central Bank of India, two people aware of the matter said. If the plan goes through, the merged ... Continue Reading
Read More at Livemint
Clues by Admin • 16 May 2018, Wednesday
Aditya Birla Capital Ltd. (ABCL) is filing an application before the Ahmedabad bench of NCLT for approval of a Scheme of Amalgamation for the merger of two of its units, Aditya Birla Money Ltd (a subsidiary of ABCL) and Aditya ... Continue Reading
Read More at The Economic Times
Clues by Admin • 26 Apr 2018, Thursday
The government is reconsidering an old proposal of a merger between two state-run financial institutions, IIFCL and IFCI. Since IIFCL is being revamped, this could be aimed at leveraging the strength of the two to finance major infrastructure projects, as ... Continue Reading
Read More at The Economic Times
Clues by Admin • 26 Apr 2018, Thursday
As per analysts, the merger of Indus Towers into Bharti Infratel will give Idea Cellular and Vodafone the opportunity to monetise their stakes and reduce debt in their merged company. The mega tower company merger will also give more financial ... Continue Reading
Read More at The Economic Times
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