IFCI Shares Skyrocket 15% as Board Approves Merger
Shares of IFCI Ltd skyrocketed 14.7%, reaching an intraday high of Rs 66.79 on the nSE, after the board of directors of the firm approved...
Tag : Merger
Adani Enterprises Merges Two Subsidiaries to Strengthen Renewable Energy Ecosystem
Adani Enterprises (AEL) has improved its ecosystem for renewable energy by combining two businesses with Adani New Industries (ANIL). This action is being taken as...
Shares of IDFC and IDFC First Bank Gain 2% on Approval for Merger
Following the approval of the merger of IDFC Financial Holding with IDFC Ltd and IDFC Ltd into IDFC First Bank Ltd by the National Company...
Hindustan Foods Shares Rally 4% on Merger Plans
Shares of Hindustan Foods Ltd rallied 4% on 25 September after the company announced its plans to merge a promoter-owned company to increase its manufacturing...
Zee Entertainment Withdraws Merger with Culver Max and BEPL; Shares Rise 2%
Shares of Zee Entertainment Enterprises Ltd. rose by 2% to touch a day’s high of Rs 139.20 on 13th September. This came after the company...
Tata Consumer Products Merges Three Wholly-Owned Subsidiaries in India
Tata Consumer Products Ltd. (TCPL) has merged its three wholly-owned subsidiaries following approvals from NCLT and other regulatory bodies. The subsidiaries Tata Consumer Soulfull Pvt....
IDFC First Bank to Merge with its Banking Arm, Check Share Distribution Ration here
IDFC First Bank on Monday announced its plans to merge with its parent IDFC Ltd with an all-stock transaction, marking yet another major banking deal...
Bank Unions Call-Off Strike on 26 Sep to 29 Sep
In the meeting with Union Finance Secretary, Rajiv Kumar, bank unions have decided to call off the two-day bank strike that was planned for this...
Bandhan Bank To Call A Meeting For The Approval Of Merger
The National Company Law Tribunal (NCLT) has directed Bandhan Bank to call a meeting of its equity shareholders to rubber-stamp the proposed merger with Gruh...
HDFC & Apollo Will Combine To Make India’s 2nd Largest Insurance Firm
Housing Development Finance Corporation Ltd. will buy a majority stake in Apollo Munich Health Insurance Company Ltd. for Rs 1,347 crore a move that paves...