Public Banks Merger
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Roxe Holdings Said to Go Public in $3.65 Billion Merger Deal With Goldenstone Acquisition
Roxe Holdings, a Blockchain-based payments company, is reportedly nearing a deal to go public through a merger with blank check company Goldenstone Acquisition Limited at a combined valuation of $3.65 billion (nearly Rs. 28,500 crore). Roxe investors are also entitled to an earnout for additional shares in the combined company if certain stock pric...
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TikTok Rival Triller Said to Explore Deal to Go Public
Triller, a budding competitor to popular short-video app TikTok, is in discussions with blank-check acquisition companies about a merger which would take the US social media company public, according to people familiar with the matter.
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Bank Strike: Operations Hit As Thousands Strike Against Mergers In Patna, Bengaluru
Thousands of bankers of public and private sector refused to report to work on Tuesday in Patna and Bengaluru protesting the merger of ten government banks into four.
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Bank Unions Defer 2-Day Strike, No Disruption In Services On Sept 26, 27
Officers' unions of public sector banks have deferred the proposed two-day strike following an assurance from Finance Secretary Rajiv Kumar to look into their concerns.
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Nationwide Bank Strike On September 26, 27 Against Mergers
Around four lakh bank employees across the country are set to go on a strike on September 26-27 to protest against the merger of public sector banks.
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Bank Mergers Won't Lead To Job Losses, Nirmala Sitharaman Assures
Union Finance Minister Nirmala Sitharaman today calmed apprehensions of job loss following the merging of public sector banks, saying it would not lead to any. "I have very clearly underlined the fact that there shall not be one employee removed, not at all," she told reporters in Chennai two days after announcing that 27 state-run banks will be me...
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Public Sector Banks Can Recruit Chief Risk Officer: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced the merger of several banks into "consolidated banks" as she addressed a press conference amid an economic slowdown.
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Public Sector Banks On Strike Today, Services Affected
Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.
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Long Weekend Alert. Banks To Be Closed For 3 Days Starting Today
A bank strike has been called by the top body of the officers of public sector banks across the country today. The banks are demanding immediate revision of salaries and are opposing the merger of state-owned banks.
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Cheque Books Of These 6 Banks Invalid From Today
Cheque books of six banks that merged with public sector behemoth State Bank of India (SBI) are invalid with effect from January 1, 2018.
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Centre Sets Up Arun Jaitley-Led Panel For State-Run Banks' Merger
The proposals cleared by the panel will be submitted before the Cabinet every quarter.
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Cabinet Speeds Up State Bank Mergers
Cabinet approves proposal to set up ministerial panel which will oversee the consolidation.
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Bank Unions Call For All-India Strike On August 22
Some of the other demands put forth by the unions include declaring wilful default of bank loans as criminal offence, implementation of the recommendations of Parliamentary Committee on recovery of NPAs.
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Bank Operations Hit In 4,000 Branches In Andhra Pradesh, Telangana
Services at around 4,000 bank branches in Andhra Pradesh and Telangana were hit as employees of public sector banks went on a day's strike today to protest proposed merger of SBI associates with the parent and other issues.
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PSU Bank Employees To Go On Strike From July 12
Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank.
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Roxe Holdings Said to Go Public in $3.65 Billion Merger Deal With Goldenstone Acquisition
Roxe Holdings, a Blockchain-based payments company, is reportedly nearing a deal to go public through a merger with blank check company Goldenstone Acquisition Limited at a combined valuation of $3.65 billion (nearly Rs. 28,500 crore). Roxe investors are also entitled to an earnout for additional shares in the combined company if certain stock pric...
-
TikTok Rival Triller Said to Explore Deal to Go Public
Triller, a budding competitor to popular short-video app TikTok, is in discussions with blank-check acquisition companies about a merger which would take the US social media company public, according to people familiar with the matter.
-
Bank Strike: Operations Hit As Thousands Strike Against Mergers In Patna, Bengaluru
Thousands of bankers of public and private sector refused to report to work on Tuesday in Patna and Bengaluru protesting the merger of ten government banks into four.
-
Bank Unions Defer 2-Day Strike, No Disruption In Services On Sept 26, 27
Officers' unions of public sector banks have deferred the proposed two-day strike following an assurance from Finance Secretary Rajiv Kumar to look into their concerns.
-
Nationwide Bank Strike On September 26, 27 Against Mergers
Around four lakh bank employees across the country are set to go on a strike on September 26-27 to protest against the merger of public sector banks.
-
Bank Mergers Won't Lead To Job Losses, Nirmala Sitharaman Assures
Union Finance Minister Nirmala Sitharaman today calmed apprehensions of job loss following the merging of public sector banks, saying it would not lead to any. "I have very clearly underlined the fact that there shall not be one employee removed, not at all," she told reporters in Chennai two days after announcing that 27 state-run banks will be me...
-
Public Sector Banks Can Recruit Chief Risk Officer: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has announced the merger of several banks into "consolidated banks" as she addressed a press conference amid an economic slowdown.
-
Public Sector Banks On Strike Today, Services Affected
Operations at public sector banks across the country were impacted today due to a strike called by unions against the proposed merger of Vijaya Bank and Dena Bank with Bank of Baroda.
-
Long Weekend Alert. Banks To Be Closed For 3 Days Starting Today
A bank strike has been called by the top body of the officers of public sector banks across the country today. The banks are demanding immediate revision of salaries and are opposing the merger of state-owned banks.
-
Cheque Books Of These 6 Banks Invalid From Today
Cheque books of six banks that merged with public sector behemoth State Bank of India (SBI) are invalid with effect from January 1, 2018.
-
Centre Sets Up Arun Jaitley-Led Panel For State-Run Banks' Merger
The proposals cleared by the panel will be submitted before the Cabinet every quarter.
-
Cabinet Speeds Up State Bank Mergers
Cabinet approves proposal to set up ministerial panel which will oversee the consolidation.
-
Bank Unions Call For All-India Strike On August 22
Some of the other demands put forth by the unions include declaring wilful default of bank loans as criminal offence, implementation of the recommendations of Parliamentary Committee on recovery of NPAs.
-
Bank Operations Hit In 4,000 Branches In Andhra Pradesh, Telangana
Services at around 4,000 bank branches in Andhra Pradesh and Telangana were hit as employees of public sector banks went on a day's strike today to protest proposed merger of SBI associates with the parent and other issues.
-
PSU Bank Employees To Go On Strike From July 12
Banking operations could be hit for two days this week as a section of public sector bank employees have threatened to go on a nationwide strike beginning July 12 to protest against the proposed merger of SBI associates and privatisation of IDBI Bank.
