Corporate News
Latest news, explainers and analysis on Corporate News. Tracking 8 stories on Arth Vani.
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Latest on Corporate News
Capital India Finance: RemitX Division CEO Ravindran Menon Resigns
Capital India Finance (NSE:CIFL) has announced the resignation of Ravindran Menon from his position as Chief Executive Officer (CEO) of its RemitX division. This corporate development was confirmed by the Non-Banking Financial Company (NBFC).
TCS Senior Staff to Miss Variable Pay for September Quarter
Tata Consultancy Services (TCS), India's largest IT services firm, has informed its senior employees that they will not receive variable pay for the July-September 2022 quarter. This decision, communicated through an internal memo, impacts a segment of the company's workforce whose compensation is partly linked to performance metrics.
People Inc. Withdraws Proposal to Acquire MGM Resorts Public Shares
People Incorporated (NASDAQ: PPLI) announced on September 23, 2026, its decision to withdraw its proposal to purchase all public shares of MGM Resorts International. This development means the proposed acquisition, which aimed to take MGM Resorts private, will not proceed, impacting investors tracking both companies in the US market.
Solstice and Element Solutions Call Off $14.5 Billion Merger
US-based Solstice (SOLS) and Element Solutions (ESI) have mutually decided to terminate their proposed $14.5 billion combination. The companies did not disclose specific reasons for calling off the large-scale merger.
Real Brokerage Receives Court Approval for RE/MAX Holdings Combination
The Real Brokerage Inc. has received final court approval from the Supreme Court of British Columbia for its proposed combination with RE/MAX Holdings, Inc. This marks a significant step towards the merger of the two real estate giants.
Paramount Delays Warner Buyout Closure Amid State Legal Challenge Review
Paramount has agreed to postpone the finalization of its proposed acquisition of Warner for several months. This delay allows a judge to fully consider legal challenges raised by various US states regarding the buyout, highlighting the increasing scrutiny on major corporate mergers.
Vedanta Demerger: Four New Entities to List on June 15 via Special Trading Session
Mining giant Vedanta is splitting its business into separate companies to unlock shareholder value. Investors will soon see four new entities listed on the stock exchanges following a special pre-open trading session.
Vedanta Demerger: Anil Agarwal Plans Massive Oil and Gas Expansion for New Entities
Vedanta Chairman Anil Agarwal is moving forward with a major corporate restructuring that will see four new companies listed on Indian bourses. The plan focuses on aggressive production hikes in aluminium, steel, and energy to unlock shareholder value.
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