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Prior to the merger, HPCL is likely to take over Mangalore Refinery and Petrochemicals (MRPL) to bring all the refining assets of ONGC under one unit.

HPCL to acquire MRPL in share-swap deal

At present, ONGC owns 71.63 per cent stake in MRPL while HPCL has 16.96 per cent.

31 Oct 2017 1:46 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd to buy Bharat Financial; merger to be over in 10 months

Shareholders will receive 639 shares of IndusInd for every 1,000 shares of the microfinance major.

14 Oct 2017 6:48 PM IST

IndusInd Bank Ltd has entered into exclusive talks to acquire microlender Bharat Financial Inclusion Ltd.

IndusInd Bank approves acquisition of Bharat Financial

IndusInd Bank will exchange 639 of its shares for every 1,000 shares in Bharat Financial.

14 Oct 2017 4:04 PM IST

Idea said it plans to extend its 4G services to 20 circles across India by FY2017 after the board approved an additional Rs 1,000 cr capital expenditure to build its infrastructure.

Idea shareholders approve scheme of merger with Vodafone India

Deal gives Vodafone India an implied enterprise value of Rs 82,800 crore and Idea Rs 72,200 crore.

13 Oct 2017 3:14 PM IST

Indian Oil Corporation

IOC drops plans to merge Chennai Petroleum with itself

IOC has major dealings with the US including recent buying of US oil.

12 Oct 2017 2:23 PM IST

Shares of Reliance Communications (RCom) on Tuesday slumped over 9 per cent in morning trade after the collapse of its Aircel merger deal. Photo: PTI

No impact of Aircel merger cancellation on RCom's rating: Moody's

Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.

4 Oct 2017 9:14 AM IST

In December last year, Canara Bank had said it proposes to bring down stake in its housing finance subsidiary CanFin Homes to 30 per cent.

Canara Bank employees against merger of smaller PSU banks

Merger would not bring any relief to the ailing' banking industry as the increasing Non Performing Assets.

24 Nov 2017 6:40 PM IST

Indian Oil Corp has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday. (Photo:IOCL)

Oil, gas PSU mergers exempt from CCI approval

CCEA approved sale of govt's 51.11 pc stake in oil refiner HPCL to country's largest oil producer ONGC.

23 Nov 2017 12:50 PM IST

Marvell CEO Matt Murphy will lead the combined company, with Cavium co-founder and CEO Syed Ali serving as a strategic adviser and board member.

Marvell Technology to buy chipmaker Cavium in $6 billion deal

The potential deal extends a long-running consolidation for computer chip producers which are trying to grow and compete...

21 Nov 2017 9:01 AM IST

The firs product based on Qualcomms system may arrive by the end of the year.

Qualcomm-Broadcom merger closely watched by China

Broadcom made an unsolicited $103 billion bid for Qualcomm on Nov 6 2017.

7 Nov 2017 10:40 AM IST

Finance Minister Arun Jaitley (Photo: AP)

Jaitley-led panel may direct banks to examine merger proposal

Alternative Mechanism would devise its own procedure for appraisal of amalgamation proposals by banks.

2 Nov 2017 9:00 AM IST

Tata Steel is countrys major steel producer.

Thyssenkrupp to set up working group with unions over Tata Steel...

Thyssenkrupp top management's move this week to sign a memorandum of understanding with Tata Steel for a 50-50 joint...

23 Sept 2017 4:42 PM IST