Mindtree, L&T Infotech to merge to create $3.5 bn large-scale IT firm
The merger will be a share swap deal at a ratio of 73 shares of L&T Infotech for every 100 shares of Mindtree
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ShareChat acquires MX TakaTak in $700 million deal
The combined Moj-MX TakaTak platform will have 100 million creators, over 300 million monthly active users and nearly 250 billion monthly video views.
Govt in Vodafone Idea: Should Vi, BSNL, BBNL merge?
Apart from handholding a stressed industry, the larger question is—what does GoI hope to achieve by owning a stake in a standalone telco?
Is the ZEE-Sony merger deal too good to be true?
While a large section of the industry is sceptical about the success of the potential merger, there are others who are upbeat.
ReNew Power to merge with U.S. firm for Nasdaq listing
The renewable energy major, after the merger with RMG Acquisition Corp. II, will have an enterprise value of $8 billion. ReNew Power's founder, Sumant Sinha, will head the combined entity.
The inside story of mega bank mergers
An extract from the forthcoming book ‘Pandemonium: The Great Indian Banking Tragedy’ gives a behind-the-scenes glimpse of how the Modi government’s ambitious bank merger plans unfolded.
Network18 to emerge as RIL’s media conglomerate
By folding diverse media and distribution businesses into Network18, RIL is building a media company of scale.
Bandhan Bank shares soar ahead of MSCI index debut
Analysts see index inclusion, Gruh Finance merger as positives but sustaining spreads may pose challenges.
Indiabulls puts on brave face after RBI merger snub
Lakshmi Vilas Bank future uncertain, analysts expect Indiabulls to remain under pressure.
Coming up next, India’s third-largest bank
Government proposes merger of Bank of Baroda, Vijaya Bank and Dena Bank. Experts divided on whether the move will help the troubled public sector lenders.
