'Immediately agree to ceasefire': US sanctions major Russian oil firms; move amid Putin's 'refusal to end senseless war'
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The United States has imposed sanctions on Russia's two largest oil companies to pressure Moscow into an immediate ceasefire in Ukraine. Treasury Secretary Scott Bessent stated the move aims to cripple the Kremlin's war funding. President Trump expressed hope for a swift resolution and that the sanctions would be short-lived.
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Deepak Parekh disclosed that Chanda Kochhar once suggested a merger between ICICI Bank and HDFC. Parekh declined the offer. He cited regulatory pressure as the main driver for HDFC's eventual merger with HDFC Bank. Parekh described the merger's conclusion as both sad and happy. He emphasized the need for larger Indian banks through acquisitions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/T7rinvo
Sony's India unit is considering Zee's proposals for completing the merger. Sony Pictures Networks India has not agreed to a deadline extension requested by Zee, indicating that the merger may not be completed by the December 21 deadline. Legal cases against Zee and its promoters have been hindering the merger. Sony is required to start discussions about extending the deadline but has not yet agreed. The merger still requires approvals from the ministry of information and broadcasting and the registrar of companies. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/J26qwV4
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