CRWC-CWC Merger: Why has Central Railside Warehouse Company been merged with Central Warehousing Corporation?

The merger will lead to the transfer all assets, liabilities, rights and obligations of CRWC with CWC. It will save expenditure that goes in corporate office rent, the salary of employees and other administrative costs.

source https://www.jagranjosh.com/current-affairs/crwccwc-merger-why-has-central-railside-warehouse-company-been-merged-with-central-warehousing-corporation-1624610931-1