Thursday, 11 August, 2022
TopicMergers & acquisitions

Topic: Mergers & acquisitions

India records best-ever mergers & acquisitions quarter, $82.3 billion pending & completed deals

The spike was led by HDFC Bank's $60 billion all-stock acquisition of Housing Development Finance Corp. in April, which combined India's leading bank and largest mortgage lender.

Mergers & acquisitions in India cross a blockbuster $100 billion in 2018

With more deal-making expected, the tally is likely to surpass $100 billion in 2019 too.

On Camera

YourTurn

File photo of Sterlite copper unit at Tuticorin in Tamil Nadu | By special arrangement

Shut since 2018 violence, TN Sterlite plant’s closure cost economy Rs 14,749 cr, says study

Copper plant in Thoothukudi was closed after protests turned violent & police firing left 13 people dead. Job losses one of major impacts, says study by NGO CUTS International.

Defence

Representational image | Indian Army soldiers during the Army Day Parade at Cariappa Parade Ground in New Delhi | ANI Photo

Army looks to reduce troops by 2 lakh, deployment in Kashmir could be rejigged

The Army, which faces a shortage of about 1.35 lakh personnel, is aiming to reduce its strength from 12.8 lakh to around 10.8 lakh.

In Kashmir 3 years on, 3 positive changes, 3 things that should’ve happened & 3 that got worse

Kashmir as a crisis has fallen off our headlines and from the top of our collective minds. Which is precisely the most important change for the better.
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