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Marjan and RAK Hospitality Holding Announce Landmark Merger to Shape The Future Of Ras Al Khaimah As A Global Destination for Lifestyle and Investment

Business Wire India Marjan, the master developer of freehold properties in Ras Al Khaimah, and RAK Hospitality Holding, the government-owned investment and development arm in the Emirate, have announced a landmark strategic merger to create a unified entity operating under Marjan.   This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251022275206/en/     […]

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Economy

Paradeep Phosphates completes merger with Mangalore Chemicals and Fertilizers

With the merger complete, PPL has become one of the largest fertiliser producers in the private sector with a national footprint  | Photo Credit: Cecilie_Arcurs Paradeep Phosphates Ltd (PPL) has announced the completion of the merger of Mangalore Chemicals & Fertilizers Ltd (MCFL) with itself, effective from October 16, 2025. With this merger, PPL becomes […]

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Girl Rising Expands Its Gender and Life Skills Curriculum in India Following Global Merger, Reaching over 2.5 Lakh Adolescents across 3 Years

Business Wire India Girl Rising, an international nonprofit dedicated to advancing girls’ education, has come together with She’s the First, a nonprofit focused on girls’ rights and mentorship. Moving forward as Girl Rising, the combined organization will build on their shared commitment to expanding access, equity and voice for adolescent girls in India. This marks […]

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Piramal Ent, fin arm merger gets NCLT nod

MUMBAI: The National Company Law Tribunal cleared the merger of Piramal Enterprises with its wholly owned arm, Piramal Finance, on Sept 10, marking a plan that places the financial services business under Anand Piramal, son of group chairman Ajay Piramal. Anand will take over as chairman of Piramal Finance, the merged entity.Ajay Piramal will continue […]

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Parking Guidance Systems Announces Global Merger With INDECT and ParkZen

Business Wire India Parking Guidance Systems, LLC (PGS), the U.S. leader in custom parking technologies, has announced a strategic merger with INDECT Electronics & Distribution GmbH (INDECT) and ParkZen. As the lead company in the merger, PGS is expanding beyond its U.S. base to deliver comprehensive parking solutions internationally. The combined business brings together INDECT’s […]

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Railroad consolidation push: Union Pacific proposes $85bn merger with Norfolk Southern to create first US transcontinental network; STB nod seen as key hurdle

Union Pacific on Tuesday announced an $85 billion proposal to acquire Norfolk Southern, a move that would create the first coast-to-coast freight railroad in the US and could potentially trigger a final wave of consolidation in the rail industry.The merger would link Union Pacific’s vast network across the western US with Norfolk Southern’s operations in […]

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Railroad merger buzz: Union Pacific posts $1.8 billion Q2 profit, Norfolk Southern deal talk lifts stocks

Union Pacific reported a robust second-quarter adjusted profit of $1.8 billion, or $3.03 per share, exceeding Wall Street’s expectations amid ongoing merger speculation with rival Norfolk Southern, the smallest of the six major US freight railroads.The Omaha-based rail giant said its operating revenue grew 2% year-on-year to $6.2 billion. Analysts had expected earnings of $2.91 […]

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Economy

Bombay HC allows ITC transfer post merger, urges GST council to fix portal gaps

In a significant ruling, the Bombay High Court has permitted the physical transfer of unutilised Input Tax Credit from a transferor company in Goa to a transferee company in Maharashtra, following their amalgamation.  | Photo Credit: VIVEK BENDRE/The Hindu Bombay High Court has urged the GST Council and the GST Network (GSTN) to provide for […]

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