Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lender. The National Company Law Tribunal (NCLT) convened a meeting on…
Tag: merger
Jamie Dimon, CEO of JPMorgan Chase, just hinted at retirement. Here’s how he became an iconic billionaire banker.
Jamie Dimon has been the CEO of JPMorgan since 2006. Under his leadership, the company’s stock value has tripled. Jamie Dimon, the billionaire CEO of JPMorgan Chase, has led the massive finance…
Sony-Zee merger case: Sony says disappointed with Singapore emergency arbitrator’s decision
New Delhi, Sony on Monday said it is “disappointment” with Singapore tribunal’s emergency arbitrator’s decision rejecting its plea to restrain Zee from approaching NCLT and asserted that it will “vigorously arbitrate” the…
RBI approves IDFC-IDFC First Bank merger
Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC have approved…