Last week, HT Media Ltd, the publisher of Mint and Hindustan Times, proposed to merge its radio arm with Mumbai-based Next Mediaworks Ltd. While HT Media owns the popular Hindi radio channels Fever 104 FM and Radio...
IBC process to push consolidation in steel industry, says EY
The Insolvency and Bankruptcy Code (IBC) will accelerate consolidation in steel industry and help many global players who have been struggling to enter India, EY said today. Many of the cases referred to the National...
Amarjyot-Valiant Organics: Consolidation to Grow
Valiant Organics Ltd. (VALIANT) was established in the year 1985 under the name of Valiant Chemical Corporation, with a single product, viz., meta chloroaniline. The company was the major manufacturer of the same in...
Morganite takes the consolidation path
MORGANITE CRUCIBLE (INDIA) LIMITED (MCIL) is engaged in business of manufacturing and selling of silicon carbide and clay graphite and its accessories. Silicon carbide and clay graphite crucibles are used primarily as...
Virgin Money bid sparks British bank consolidation talk
British entrepreneur Richard Branson, founder of the Virgin business empire, is reviewing a 1.6 billion pounds ($2.2 billion) takeover bid that could turn the fledgling lender he founded almost 25 years ago into one of...
SoftBank is looking for top-dollar valuations, consolidation and payback
Masayoshi Son, the enigmatic leader of Softbank Group which has pumped in over $7.2 billion in India, is now looking for top-dollar valuations, consolidation and payback. The Japanese investment giant is in the midst of...
How SoftBank is steering e-commerce consolidation against Google, Amazon
Not just in India, global telecom giant SoftBank group, headed by Masayoshi Son, is out to consolidate the world’s e-commerce and telecom business against titans such as Google and Amazon, backed by its $100-billion...
Consolidation will help cement makers tackle excess supply: JK Cement chief
Consolidation will help set right the supply overhang in the cement industry where profitability and capacity utilisation have remained subdued, Yadupati Singhania, chairman of JK CementBSE -0.62 %, told ET...
Pennar Industries treads the consolidation path
PENNAR INDUSTRIES LIMITED (PIL), is one of the leading engineering organisations in India well known for its expertise in providing engineered products and services. It began operations in 1988, with a strategic...
Tower consolidation signals revenue headwinds for Bharti Infratel
The Bharti Infratel stock has shed 21 percent in the past three months due to consolidation, benign near-term outlook and decision by newbie Reliance Jio to focus more on owned towers rather than leasing them out from...
Consolidation, expansion set to drive M&A activity this year: EY
Mergers and acquisitions (M&A) activity in India is expected to remain positive, driven by domestic consolidation, market share expansion and entry into new markets, according to EY’s 17th Global Capital Confidence...
Airtel a beneficiary of consolidation: Sunil Mittal
Bharti Airtel will be open to acquisition talks with Aircel, chairman Sunil Mittal said, indicating the possibility of an eighth buyout for the market leader since 2012, which includes spectrum trading deals as well...