
GMR Airports Infra, ADP to merge JV with GMR; stock slips 1%
Aéroports de Paris (ADP) will invest ₹2,900 crore in GMR Airports Infrastructure through 10-year foreign currency convertible bonds (FCCBs).
Aéroports de Paris (ADP) will invest ₹2,900 crore in GMR Airports Infrastructure through 10-year foreign currency convertible bonds (FCCBs).
The stock price got a boost amid a report that Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into Paytm Payments Bank.
AirAsia India, renamed AIX Connect in December 2022, is currently flying with a fleet of 28 A320 planes.
Tata Group chairman N Chandrasekaran says Air India will turn profitable.
The merger of HDFC and HDFC Bank is expected to be completed by the second quarter of FY24.
As per the agreement, the merger will be a share swap deal at a ratio of 73 shares of LTI for every 100 shares of Mindtree.
The proposed merger of ZEE Entertainment Enterprises and Sony Pictures Networks India was supported by 99.99% of ZEEL's shareholders.
Federal Bank shares gained 8.58% to hit a 52-week high of ₹129.7 on the BSE amid report that the private lender is in merger talks with Kotak Mahindra Bank.
The merger or consolidation of Ola-Uber services would only worsen the consumer experience. With a merger, consumers would have a lesser choice.
The merger will be a share swap deal at a ratio of 73 shares of L&T Infotech for every 100 shares of Mindtree