Air India, Vistara lay out merger roadmap, staff transition from June

[ad_1] Air India and Vistara have laid out an integration roadmap for employees as the two airlines plan to complete the merger process by year end.Employee transition from Vistara to Air India will begin in a phased manner from June...

Air India, Vistara looking to complete merger by Oct end

[ad_1] Tata group-owned Air India and Vistara are targeting October end to complete their merger consolidating their presence in the aviation market. While the National Company Law Tribunal has reserved its order on the merger application, the airlines have approached the...

Merger of stock exchanges at GIFT City at advanced stage, to approach NCLT this month: IFSCA chairman

[ad_1] The proposal to merge the two international stock exchanges at GIFT City in Gujarat is at an “advanced stage” and is expected to reach the National Company Law Tribunal (NCLT) later this month, said K Rajaraman, chairman of International...

Disquiet among staff as Vistara, Air India prepare for merger

[ad_1] Vistara has said it is committed to providing fair and equitable opportunities to its employees as it prepares to integrate with Air India but within its ranks, there is apprehension about getting a raw deal in the merged entity.Early...

DA, DR not to be automatically merged with basic once they reach 50%

[ad_1] Dearness Allowance (DA) and Dearness Relief (DR) will not be automatically merged into basics even after touching 50 per cent mark, a senior Finance Ministry official clarified on Friday. This is not good news for 49.18 lakh central government...
Reliance-Disney merger will drive consolidation, value for India’s streaming market

Reliance-Disney merger will drive consolidation, value for India’s streaming market

[ad_1] The mega merger between Reliance’s media business with Disney’s India units will drive value not only for the two players but also the entire streaming market in India. The merger comes at a time when heightened competition in the...