Merge five SBI associate banks into one entity: AIBEA

Merge five SBI associate banks into one entity: AIBEA

The All India Bank Employees' Association (AIBEA) hopes the government accept its demand to merge the five associate banks of State Bank of India (SBI) into one entity, said a top union official on Saturday.

Pfizer and Allergan scrap $160 billion "inversion" deal

Pfizer and Allergan scrap $160 billion "inversion" deal

US drugmaker Pfizer Inc and Ireland-based Allergan Plc formally announced the scrapping of their $160 billion merger on Wednesday, in a big win for President Barack Obama who has been pushing to curb tax-slashing "inversion" deals.

MAN Diesel & Turbo acquires MaxWatt Turbines

MAN Diesel & Turbo SE, a wholly owned subsidiary of MAN SE (part of Volkswagen AG) today said it has acquired 100 percent shares of engineering firm MaxWatt Turbines Pvt Ltd.

CCI clears Hyundai Steel-Hyundai Hysco deal

Fair trade regulator CCI has approved the proposed merger of Hyundai Hysco with Hyundai Steel, saying the deal would not have any anti-competitive impact in the Indian market.

Janata Parivar merger 'won't affect BJP': Sushil Modi

Bharatiya Janata Party (BJP) leader and former deputy chief minister Sushil Kumar Modi on Sunday said the merger of Janata Parivar would not affect his party in any manner.

JD(U) seeks legal opinion to crack whip on MLAs opposing merger

JD(U) is seeking legal opinion to deal with its 10 rebel MLAs opposing the merger of splinter parties of erstwhile Janata Parivar, and one of them writing to Chief Election Commissioner urging him to allow to retain the party symbol and flag with them.

Janata Dal (U) gives nod for merger with 'Janata Parivar'

Janata Dal (U) gives nod for merger with 'Janata Parivar'

After Lalu Prasad's Rashtriya Janata Dal (RJD), the ruling Janata Dal-United (JD-U) of Bihar has affirmed its approval for the merger of six parties of the erstwhile Janata Parivar.

MC merger process with Sebi will be 'smooth', says Sinha

Capital market watchdog Sebi today said the action plan for proposed merger of Forward Markets Commission (FMC) with itself is under works and expressed hope that the process would be "smooth".

Holcim and Lafarge revise terms to get merger back on track

Switzerland`s Holcim and France`s Lafarge have agreed new terms for their plan to create the world`s biggest cement company, giving unhappy shareholders in the Swiss firm a better deal.

Merger of Khammam mandals with AP rocks Telangana Assembly

The issue of merger of seven mandals of Khammam district with Andhra Pradesh rocked the Telangana Legislative Assembly on Monday after the ruling Telangana Rashtra Samiti (TRS) and the main opposition Congress engaged in a war of words.

Lafarge-Holcim merger hits roadblock

The USD 40-billion mega merger between Holcim and Lafarge to create world's largest cement group has hit a roadblock with Swiss giant Holcim rejecting the deal in the present form, including on 'governance issues'.

AP wants law on merger of Polavaram project villages

Andhra Pradesh Assembly today passed a resolution requesting the Centre to soon enact a law replacing the Ordinance merging seven revenue mandals of Bhadrachalam division with AP and complete construction of Polavaram multi-purpose project within three years.

Sun Pharma, Ranbaxy shares up as court lifts stay on merger

The Andhra Pradesh High Court last month ordered an "interim status quo" on the deal, pending a decision on a petition for a probe into alleged insider trading.

Andhra HC verdict on Sun Pharma-Ranbaxy merger plea tomorrow

After hearing the arguments from the counsels of the petitioners, Ranbaxy, Sun Pharma and SEBI, Justice G Chandraiah said he will pronounce the verdict on Saturday.

CPI revives merger debate

With the Left getting a severe drubbing in the Lok Sabha polls even in its strongholds in the country, the CPI has revived the debate over merger of the Communist parties, arguing that a reunion is essential to meet the challenges ahead.

German sports leader Manfred von Richthofen dies

German sports dignitary Manfred von Richthofen, who was behind the merger between the German Olympic Committee and German Federation of Sports in 2006, has died, the German Olympic Committee said on Friday.

Cooper to try to save Apollo deal at December 19 court hearing

Cooper Tire & Rubber Co will make a last-ditch effort to save its sale to Apollo Tires Ltd on December 19, as it seeks a ruling from Delaware Supreme Court that could force the Indian company to complete their proposed $2.3 billion merger.

Nepal PM denies making `merger` remarks

Addressing Parliament, Bhattarai of UCPN-Maoist party
said that "no one can weaken the national independence."

Value of global M&A deals over $2 trillion in Apr-Sep

The cumulative value of merger and acquisition deals globally in the January-September, 2011, period rose by 9 percent year-on-year to USD 2.18 trillion, even as the third quarter witnessed a significant slump in M&A activity.

PRP to merge with Congress on Aug 20

The Praja Rajyam Party (PRP) will
officially be merged with Congress on August 20, according to
PRP president Chiranjeevi.