Amtek Auto to divest stake in JV company, SMI Amtek Crankshaft
Amtek Auto has singed a share purchase agreement (SPA) with Nippon Steel and Sumitomo Metal Corporation, to divest its stake in its joint venture (JV) company,...
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Dish TV promoter entities offer to acquire 26% stake for Rs.3,701 cr
Dish TV’s promoter group entities, have offered to acquire additional 26% equity stake from public shareholders, for Rs.3,701 crore. Dish TV promoter entities World Crest...
NSE approves IDFC Bank, Capital First scheme of amalgamation
National Stock Exchange of India (NSE), has approved the scheme of amalgamation of IDFC Bank and Capital First. According to a release, IDFC Bank has received...
Tata Steel declared as successful applicant to acquire Bhushan Steel
Tata Steel has been announced as the successful resolution applicant by the Committee of Creditors (CoC), of Bhushan Steel Limited‘s (BSL) stressed asset which was put for...
Balesh Sharma named as the new CEO of Vodafone-Idea combined biz
Balesh Sharma, has been named as the new chief executive for the Voadafone-Idea combined venture. At present, he is the chief operating officer at Vodafone...
Airtel’s committee of directors approves issue of debentures to raise funds
Bharti Airtel’s, committee of directors has given approval to the allotment of 30,000 debentures, for raising approx Rs.3,000 crore on private placement basis. In a...
RBI approves IndusInd Bank merger with Bharat Financial
The Reserve Bank of India (RBI), has given approval to the merger of IndusInd Bank with Bharat Financial Inclusion Limited (BFIL). In a filing to...
Dalmia Bharat proposes to buy KCL in Rs.353 crore
Dalmia Bharat has proposed a plan to buy Kalyanpur Cement, based in Bihar, in a bid worth Rs.353 crore. In a BSE filing the company...
IDFC Bank announces merger with Capital First
IDFC Bank has announced the merger with Capital First. The share swap ratio has been fixed at 139:10, which means 139 shares of IDFC Bank will...
Everstone Group to acquire Kenstar from Videocon
Everstone Group to buy Kenstar from the Videocon Group, after Crompton Greaves Consumer Electricals backed out. As per a regulatory filing, in October Crompton Greaves...