merger

EU approves Universal’s takeover of EMI


September 22nd, 2012 - 9:23 pm ICT by BNO News
BRUSSELS (BNO NEWS) -- The European Union (EU) on Friday announced that the Commission approved the proposed acquisition of EMI's recorded music business by Universal Music Group for $1.9 billion.The Commission initially ... Read more...

Posted in Business |

NCP threatens to disqualify Meghalaya legislators


August 26th, 2012 - 2:18 pm ICT by IANS
Shillong, Aug 26 (IANS) The Nationalist Congress Party (NCP) Sunday threatened to seek the disqualification of its 12 legislators in Meghalaya who have joined the National People's Party (NPP).In the ... Read more...

Posted in Politics |

Mahindra Satyam quarterly net profit rises 56 percent


August 2nd, 2012 - 8:33 pm ICT by IANS
Mumbai, Aug 2 (IANS) Software service provider Mahindra Satyam Thursday posted a 56 percent increase in net profit at Rs.352 crore for the quarter ended June 30 against Rs.225 crore ... Read more...

Posted in Business |

Chile, Brazil form biggest Latin American airline


June 24th, 2012 - 12:02 pm ICT by IANS
Santiago (Chile), June 24 (IANS) Lan Airlines, the flag carrier of Chile, and Brazil's Tam Airlines, have merged to create the LATAM Airlines Group, the largest airline in Latin America.The ... Read more...

Posted in Business |

Ajit Singh promises parity in merged Air India (Lead)


June 1st, 2012 - 5:19 pm ICT by IANS
New Delhi, June 1 (IANS) Civil Aviation Minister Ajit Singh Friday promised employees of the "erstwhile Air India and Indian Airlines" parity in payscales and working hours in the merged ... Read more...

Posted in Business |

Air India imbroglio: Ajit Singh promises uniform pay, working hours


June 1st, 2012 - 3:22 pm ICT by IANS
New Delhi, June 1 (IANS) Civil Aviation Minister Ajit Singh Friday promised pilots of the erstwhile Indian Airlines parity in payscales and working hours in the merged Air India in a ... Read more...

Posted in Business |

Rumor has it that iPhone 5 is going to have a 4-inch display


May 21st, 2012 - 7:56 pm ICT by Aishwarya Bhatt
New York, May 21 (THAINDIAN NEWS) There are rumors that the size of the screen of Appleā€™s iPhone 5 handset will increase to 4 inches. Anonymous sources have pointed out that the ... Read more...

Posted in Technology Industry News |

YSR party seeks CBI probe into cash seized from Chiranjeevi’s kin


May 15th, 2012 - 9:19 pm ICT by IANS
Hyderabad, May 15 (IANS) The YSR Congress Party Tuesday demanded a probe by the Central Bureau of Investigation (CBI) into the huge amount of money seized at the house of ... Read more...

Posted in Politics |

Air India moves apex court against pilots


May 10th, 2012 - 11:17 pm ICT by IANS
New Delhi, May 10 (IANS) The Air India management Thursday moved the Supreme Court seeking initiation of contempt proceedings against the office bearers of the Indian Pilots Guild (IPG) for ... Read more...

Posted in Uncategorized |

Air India sacks 10 pilots, derecognises union


May 8th, 2012 - 3:44 pm ICT by IANS
New Delhi/Mumbai, May 8 (IANS) Cracking the whip, national carrier Air India has sacked 10 pilots from the Indian Pilots Guild (IPG) who went on mass sick leave against the ... Read more...

Posted in Uncategorized |

IDBI Bank quarterly net profit rises to Rs.770.78 crore


April 21st, 2012 - 6:40 pm ICT by IANS
New Delhi, April 21 (IANS) IDBI Bank Saturday reported a net profit of Rs.770.78 crore for the quarter ended March 31, against Rs.516.25 crore logged in the like period of ... Read more...

Posted in Business |

Department of IT will now be DeitY


April 18th, 2012 - 10:08 pm ICT by IANS
New Delhi, April 18 (IANS) The Department of Information Technology (DIT) has been renamed Department of Electronics and Information Technology (DeitY) to give importance to the electronics sector.The department will ... Read more...

Posted in Sci-Tech |

Ex-Karbi militant arrested in Assam with arms


April 5th, 2012 - 6:42 pm ICT by IANS
Guwahati, April 5 (IANS) Police in Assam's Karbi Anglong district Thursday morning arrested one person, suspected to be an ex-militant of a Karbi outfit, sources said.The person, identified as Kalam ... Read more...

Posted in Uncategorized |

Mahindra Satyam, Tech Mahindra Ltd merge


March 21st, 2012 - 2:42 pm ICT by IANS
Mumbai, March 21 (IANS) The long-awaited merger of Mahindra Satyam and its parent company Tech Mahindra Ltd was announced here Wednesday after a joint board meeting of the two ... Read more...

Posted in Business |

Stage set for Mahindra Satyam’s merger


March 20th, 2012 - 10:42 pm ICT by IANS
Hyderabad, March 20 (IANS) The stage is set for the long-awaited merger of Mahindra Satyam with its parent company Tech Mahindra Ltd.The boards of the two companies will meet ... Read more...

Posted in Business |

EU to speed up bailout fund payments


March 3rd, 2012 - 7:39 am ICT by IANS
Brussels, March 3 (IANS/RIA Novosti) Leaders of Eurozone countries agreed to allocate funds faster for the EU permanent bailout fund Friday -- the second day of the EU summit in ... Read more...

Posted in World |

FIH gives HI and IHF a month to resolve tangle


February 27th, 2012 - 11:54 pm ICT by IANS
New Delhi, Feb 27 (IANS) International Hockey Federation (FIH) president Leandro Negre Monday said that Hockey India (HI) and the derecognised Indian Hockey Federation (IHF) should merge for the betterment ... Read more...

Posted in Sports |

Bhopal Activists: Dow is afraid, so spying


February 27th, 2012 - 11:42 pm ICT by IANS
Bhopal, Feb 27 (IANS) After WikiLeaks revealed that Dow Chemicals was using a spy to keep a watch on activists fighting for the cause of the Bhopal gas tragedy, the ... Read more...

Posted in Uncategorized |

India eases merger norms in telecom sector


February 15th, 2012 - 7:45 pm ICT by IANS
New Delhi, Feb 15 (IANS) India Wednesday announced new norms for the telecom industry, making mergers and acquisitions (M&As;) easier in the sector that is set to enter a phase ... Read more...

Posted in World |

AT&T; drops bid for T-Mobile


December 20th, 2011 - 1:06 pm ICT by IANS
New York, Dec 20 (IANS/EFE) AT&T; Inc. abandoned Monday its $39 billion bid for T-Mobile USA, a deal that sparked opposition from the US government and consumer groups.The Dallas-based giant ... Read more...

Posted in Business |

PRP rebel legislator appears before Andhra speaker


December 19th, 2011 - 3:02 pm ICT by IANS
Hyderabad, Dec 19 (IANS) Praja Rajyam Party (PRP) rebel legislator Shoba Nagi Reddy Monday met Andhra Pradesh assembly Speaker N. Manohar to give her reply to the disqualification notice.Speaking to ... Read more...

Posted in Politics |

Telecom Commission undecided on mergers, spectrum fee


December 2nd, 2011 - 6:20 pm ICT by IANS
New Delhi, Dec 2 (IANS) The telecom commission is still undecided over the regulator's proposition of easing merger norms and allowing the levy of a one-time fee on companies holding ... Read more...

Posted in Business |

AT&T & T-Mobile merger hits a rocky patch


November 25th, 2011 - 7:37 pm ICT by Aishwarya Bhatt
Washington, Nov 25 (THAINDIAN NEWS) AT&T is looking for ways to cushion the company because of realization that its planned takeover of T-Mobile might not happened. The company and T-Mobile were in ... Read more...

Posted in Technology Industry News |

Mahindra Satyam’s merger with Tech Mahindra next year


November 10th, 2011 - 7:15 pm ICT by IANS
Hyderabad, Nov 10 (IANS) Mahindra Satyam's merger with parent firm Tech Mahindra will take place next year, its chairman Vineet Nayyar said Thursday."It is a process. We are looking ... Read more...

Posted in Business |

Chhattisgarh gets flak for action against teachers


November 9th, 2011 - 1:23 pm ICT by IANS
Raipur, Nov 9 (IANS) The opposition Congress hit out at Chhattisgarh's ruling Bharatiya Janata Party (BJP) Wednesday for imposing the Essential Services Maintenance Act (ESMA) against 200,000 contract teachers ... Read more...

Posted in Uncategorized |

TRS offers to share Hyderabad as capital for few years


September 29th, 2011 - 9:37 pm ICT by IANS
Hyderabad, Sep 29 (IANS) Telangana Rashtra Samithi (TRS) Thursday made it clear that Telangana state without Hyderabad as its capital is unacceptable to it but offered to share the ... Read more...

Posted in Politics |

IOA president criticises FIH for taking away Champions Trophy from India


September 13th, 2011 - 11:38 pm ICT by IANS
New Delhi, Sep 13 (IANS) Indian Olympic Association (IOA) acting president Vijay Kumar Malhotra Tuesday told International Hockey Federation (FIH) president Leonardo Negre that the world body was wrong to ... Read more...

Posted in Sports |

Dates of CPI-M, CPI’s Kerala conferences clash


September 13th, 2011 - 7:22 pm ICT by IANS
Thiruvananthapuram, Sep 13 (IANS) The Kerala state conferences of the Communist Party of India-Marxist (CPI-M) and the Communist Party of India (CPI) will overlap, an indication that the two parties ... Read more...

Posted in Uncategorized |

Sports Minister Maken will try to convince Negre


September 12th, 2011 - 10:25 pm ICT by IANS
New Delhi, Sep 12 (IANS) The existence of two separate bodies governing hockey in the country should not come in the way of India hosting the Champions Trophy and other ... Read more...

Posted in Sports |

US moves to block AT&T;’s acquisition of T-Mobile


September 1st, 2011 - 2:58 am ICT by IANS
Washington, Sep 1 (IANS) The US justice department Wednesday filed an antitrust lawsuit to block AT&T;'s acquisition of T-Mobile, an official said.AT&T;, T-Mobile, Sprint and Verizon account for more than ... Read more...

Posted in Business |

LJP legislator denies joining Bihar’s ruling JD-U


August 13th, 2011 - 6:02 pm ICT by IANS
Patna, Aug 13 (IANS) A legislator of Ramvilas Paswan's Lok Janshakti Party (LJP) Saturday denied the speaker's claims that the party had merged with the ruling Janata Dal-United (JD-U) ... Read more...

Posted in Politics |

China’s kung fu town to build global martial arts conglomerate


August 4th, 2011 - 11:55 am ICT by IANS
Beijing, Aug 4 (IANS) China's kung fu town of Denfeng, where the famed Shaolin Temple is located, has plans to merge all its kung fu schools into a martial arts ... Read more...

Posted in Sports |

SAIL’s Q1 net profit down 29 percent


July 29th, 2011 - 7:08 pm ICT by IANS
Mumbai, July 29 (IANS) Steel producing major Steel Authority of India (SAIL) Friday reported a decline of 28.77 percent in its net profit for the current fiscal at Rs.838.06 crore ... Read more...

Posted in Uncategorized |

Indian hockey gets a breather with joint board (Lead)


July 25th, 2011 - 11:17 pm ICT by IANS
New Delhi, July 25 (IANS) Hockey India (HI) and Indian Hockey Federation (IHF) have finally arrived at an "arrangement" to from a joint executive board.At a meeting with the sports ... Read more...

Posted in Sports |

Sports minister calls HI-IHF meeting July 25


July 20th, 2011 - 10:48 pm ICT by IANS
New Delhi, July 20 (IANS) Sports minister Ajay Maken said Wednesday that he has called Hockey India (HI) and Indian Hockey Federation (IHF) for a meeting on July 25 in ... Read more...

Posted in Sports |

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