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Ubers competitors and businesses in the gig economy will also be considering what this means for them. (Photo: AP)

Uber acquires rival Careem for USD 3.1 billion

Uber will acquire all of Careen's mobility, delivery and payments businesses across the greater Middle East region.

27 March 2019 2:46 PM IST

The deal would help Disney further control TV shows and movies from start to finish. (Photo: AP)

Disney closes USD 71 billion deal for Fox Entertainment assets

Disney also gets a controlling stake in the existing streaming service Hulu.

20 March 2019 11:40 AM IST

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel submits Rs 644 crore bank guarantee in TDSAT for Tata Tele...

The tribunal also asked Airtel to submit 50 per cent payment of Rs 1,287.97 crore demand raised by the DoT.

27 May 2019 4:32 PM IST

Indiabulls Real Estate posted a 95 per cent decline in its consolidated net profit at Rs 108.56 crore for the fourth quarter of the last fiscal as against Rs 2,181.13 crore in the year-ago period, according to a regulatory filing.

Indiabulls Housing Finance-Lakshmi Vilas Bank merger gets CCI nod

In April this year, Lakshmi Vilas Bank had announced its merger with Indiabulls Housing Finance in a share-swap deal.

21 Jun 2019 11:24 AM IST

Fiat Chrysler Automobiles (FCA) spokeswoman Shawn Morgan declined to comment. The French government, Renaults biggest shareholder with a 15 per cent stake, also declined to comment.

Fiat Chrysler withdraws offer of merger with Renault

The government has warned against any haste' regarding the proposed 50/50 merger.

6 Jun 2019 8:49 AM IST

Fiat Chrysler Automobiles (FCA) spokeswoman Shawn Morgan declined to comment. The French government, Renaults biggest shareholder with a 15 per cent stake, also declined to comment.

Renault to decide on merger talks with Fiat Chrysler

Nissan, a long-time Renault partner, fears being sidelined by the deal.

4 Jun 2019 11:45 AM IST

Fiat Chrysler Automobiles (FCA) spokeswoman Shawn Morgan declined to comment. The French government, Renaults biggest shareholder with a 15 per cent stake, also declined to comment.

Fiat Chrysler discusses improved Renault merger bid to win French...

The improved offer, if formalised and accepted, would also see the combined company's operations headquartered in...

3 Jun 2019 10:45 AM IST

In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

DoT working on proposal for MTNL, BSNL merger; final call by Cabinet:...

The net worth of BSNL stood at Rs 34,276 crore, while MTNL had a negative networth of Rs 9,735 crore as on April 1,...

30 July 2019 4:11 PM IST

The Nirav Modi fraud-hit Punjab National Bank (PNB) led the pack with the largest amount of NPAs worth Rs 86,620 crore during 2017-18.

Board to soon consider amalgamation with OBC, United Bank: PNB

The government on Friday unveiled a mega plan to merge 10 public sector banks into four as part of plans.

31 Aug 2019 2:14 PM IST

The agenda going forward is clear: The banks have to regain the confidence of investors so that they can raise funds from the capital markets and not be dependent on government. (Representational image)

Banks merger reflects govt resolve to address economic slowdown: India...

Manufacturing output and subdued farm sector activity pulled down India's GDP growth to 5 pc in April-June quarter.

31 Aug 2019 11:08 AM IST

Finance Minister Nirmala Sitharaman (Photo: File)

From 27 to 12, Finance Minister announces mega PSU bank mergers

Non-performing assets have also been brought down from Rs 8.65 lakh crore to Rs 7.9 lakh crore.

30 Aug 2019 4:55 PM IST

Allahabad Bank on Saturday became the second state-owned bank to report a major alleged fraud by bankrupt steelmaker Bhushan Power & Steel Ltd this month, adding to concerns about a banking industry burdened with bad debts. (Photo: Allahabadbank.in)

Allahabad Bank board approves merger with Indian Bank

Employees and officers of Allahabad Bank staged a demonstration in front of its headquarters here to protest against the...

17 Sept 2019 9:00 AM IST