Future Consumer has received an approval for consolidation of investments held by the company in few downstream entities, into a wholly owned subsidiary (WOS) of the company, by way of transfer of the respective shareholding of the company to the WOS at fair market value, subject to such further consents ... Read More »
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Tag Archives: consolidation
Government’s push towards consolidation of banks – Amalgamation of 3 PSBs announced
The centre has proposed an amalgamation of state-owned Bank of Baroda, Dena Bank and Vijaya Bank to create India’s third largest public sector bank. The alternative mechanism under Finance Minister Arun Jaitley has advised the boards of the three banks to consider the proposal. The new amalgamated bank will be ... Read More »