- Wealth PMS
There was this big hullaboo on Saturday. The chatter was that there was a press conference that would announce a mega merger of two large financial players - the Shriram group and IDFC. The eventual announcement was just strange. They said there's a 90 day exclusivity for both boards to explore a merger. That's it. No swap ratios. Just fundas on how everyone will benefit, and that they're going to talk and tell us all the details. So we have the first question: The Curious Question of Why Tell Us Now? India's corporate revelations . . .