amalgamation

Debt, equity holders approve merger of IDFC with IDFC First Bank

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Debt, equity holders approve merger of IDFC with IDFC First Bank

New Delhi, Shareholders and non-convertible debenture (NCD) holders of IDFC First Bank have approved a proposal to merge parent IDFC Ltd with the lender. The National Company Law Tribunal (NCLT) convened a meeting on May 17 through video conferencing and other audio-visual means to consider and approve the composite scheme of amalgamation for IDFC First … Read more

Theatrisation is amalgamation of headquarters based on operational considerations: Lt. Gen. Ajai Singh

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Theatrisation is amalgamation of headquarters based on operational considerations: Lt. Gen. Ajai Singh

“When we talk of theatrisation we are not amalgamating our fighting units, but amalgamating our headquarters based on operational considerations,” said Lt. Gen. Ajai Singh, Commander-in-Chief of the Andaman and Nicobar Command (CINCAN), the country’s only operational triservice command. He also recommended that all Service think tanks be brought under the ambit of the United Service Institution of India (USI), of which all Service Chiefs are vice-patrons, to … Read more