The Reserve Bank of India (RBI) has asked lenders to initiate bankruptcy proceedings against a dozen companies, including Essar Steel, Bhushan Steel Ltd, Monnet Ispat and Energy Ltd, sources with direct knowledge of the...
Parliamentary panel suggests BSNL-MTNL merger for long-term survival
A Parliamentary panel has suggested merger of state-run telecom firms Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) for their long-term survival. The Committee on Petitions, chaired by...
Punjab National Bank plans to sell non-core assets to shore up capital
State-run Punjab National BankBSE -3.04 % may look at selling stake in PNB Housing Finance and PNB Gilts in the next financial year, to shore up its capital base. “We look forward to stake sale, may be during the...
M&A Happenings – December 2016 – Mumbai High Court
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals December 2016 November 2016 Agriculture - - Chemicals 3 1 Entertainments 2 1 Financial Services 3 2 Information Technology 2 - Investment 3...
M&A Happenings – November 2016 – Mumbai High Court
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals November 2016 October 2016 Agriculture - 2 Chemicals 1 4 Entertainments 1 - Financial Services 2 6 Information Technology - 4 Investment ...
M&A HAPPENINGS AT BOMBAY HIGH COURT
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals October 2016 September 2016 Agriculture 2 - Chemicals 4 1 Entertainments - 1 Financial Services 6 7 Information Technology 4 6 Investment 2...
Airtel signs Rs 420-crore deal with Nokia on VoLTE calling tech
NEW DELHI: Bharti AirtelBSE -0.55 % has awarded a $60 million (Rs 402 crore) pan-India deal to Finnish gear maker Nokia to implement voice-over-LTE (VoLTE) calling technology which may be launched within this year...
With the acquisition of Appirio, Wipro expects to stay ahead of the game
MUMBAI: Wipro’s $500 million of cloud services company Appirio was not just to gain access to its cloud integration business, it was also part of a bet that the IT industry would be disrupted the way cab-hailing company...
M&A Happenings : September 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals September 2016 August 2016 Agriculture – 1 Chemicals 1 3 Entertainments 1 – Financial Services 7 4 Information Technology 6 2...
M&A Happenings : August 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals August 2016 July 2016 Agriculture 1 2 Chemicals 3 10 Entertainments – 3 Financial Services 4 14 Information Technology 2 11...
Srei unit Quippo in talks to buy assets of GOL Offshore
Quippo Oil & Gas Infrastructure Ltd, a unit of Srei Infrastructure Finance Ltd, is in talks to buy the assets of GOL Offshore Ltd, two people familiar with the development said. GOL Offshore is one of the largest...
M&A Happenings : July 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals July 2016 June 2016 Agriculture 2 – Chemicals 10 1 Entertainments 3 – Financial Services 14 2 Information Technology 11 1...