Tata Coffee to merge with Tata Consumer, TCPL Beverages on Jan 1; stocks hit 52-week highs
Shares of Tata Coffee and Tata Consumer Products rise 4.2% and 3.5%, respectively, to hit their fresh 52-week highs.
amalgamation
December 2023
November 2020
DBS Bank India enters the big league
With Lakshmi Vilas Bank in its fold, the foreign bank’s branch count jumps over 18 times. But the merger could also open up a potential Pandora's box.
LVB crisis: Same story, different characters
The 30-day moratorium on Lakshmi Vilas Bank is similar to YES Bank, protecting depositors and employees, but retail shareholders would be worst hit if amalgamation with DBS Bank India goes through.
