Mergers and acquisitions Current Affairs, GK & News

Doctrine of Necessity Principle

February 3, 2023

The post of Chairman of the Competition Commission of India has been vacant since the retirement of Mr.Ashok Kumar Gupta in October 2022. Also, currently, there are only 2 members in the CCI. There are many mergers and acquisitions pending before the commission waiting for its approval. To attend to the pending matter, the Commission ..

Month: 

Category:  •

Topics:  • • • •

Competition (Amendment) Bill

January 26, 2023

The Competition Act aims to promote healthy competition in India. The main intention of the act is to avoid monopoly. Take Facebook for instance. Some economists are of the opinion that Facebook exhibits a monopoly. Meaning, it wants to rule the world of digital messaging. To achieve this, Facebook bought almost every competitor that entered ..

Month: 

Category:  •

Topics:  • • • • • • • • • • • • • • •

RBI rejects Lakshmi Vilas Bank-Indiabulls Housing Finance merger plan

October 10, 2019

The Reserve Bank of India (RBI) rejected the merger proposal between Lakshmi Vilas Bank and mortgage lender Indiabulls Housing Finance Limited. If the RBI would have approved the move, this would have been the first-ever incident where a non-bank lender would have merged with a bank in the country. Poor Performance of banks: Both Lakshmi ..

Topics:  • • •

Decline in FDI Inflow

May 30, 2019

For the first time in the last six years, the foreign direct investment (FDI) in India has declined. The FDI inflow declined by 1 per cent to $44.37 billion in 2018-19. Why there was a decline in FDI Inflow? The decline in the FDI inflow is attributed to: Stressed financial condition of the telecom sector. ..

Category: 

Topics:  • • • • • •

Union cabinet approves merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB)

January 3, 2019

On 2nd January 2019, the Union Cabinet approved the merger of Vijaya Bank and Dena Bank with Bank of Baroda (BoB). With the merger, BoB will become the third largest bank after State Bank of India and ICICI Bank. The move will help create a strong globally competitive bank with economies of scale and enable ..

Category: 

Topics:  • • • • • • • •

Differential Voting Rights (DVR) Shares

October 6, 2012

A DVR share is like an ordinary equity share, but it provides fewer voting rights to the shareholder. The objective of issuing DVR shares is for prevention of a hostile takeover and dilution of voting rights. It also helps strategic investors who do not want control, but are looking at a reasonably big investment in ..

Topics:  • • • • • • • • •