Another round of amendments to Companies Act 2013 are in the pipeline after the government eased a host of provisions of the comprehensive law enacted by the previous UPA government that was seen by many...
VEDANTA’S “CAIRN” GAIN
London Stock Exchange-listed Vedanta Resources PLC, India’s biggest diversified natural-resources company, agreed to combine two of its Indian listed businesses — Vedanta Ltd. and Cairn India Ltd.—in an all-share deal...
PVR STRENGTHENS ITS POSITION
The Indian film industry is one of the largest globally with a renowned history. Since last year, big players in the industry like INOX, Carnival etc. started making acquisitions. Now another big player, PVR has...
NCLT Impact On M&A Procedure
The Companies Act 2013 (New Act), which was substantially made effective from April 1, 2014, has the potential and capability to be a historic milestone for implementing Mergers & Amalgamations (M&A). So far...
Sterlite Technologies Demerges Power Division
Telecom and Power Transmission Solution provider Sterlite Technologies Limited is set to spin-off its power business into a separate unlisted entity named ‘Sterlite Power Transmission Limited’ while retaining its...
Validity of BuyBack Of Shares-Section 230, Companies Act 2013
Capgemini India Private Limited (Petitioner Company) has filed the Petition seeking sanction of the Scheme of Arrangement (hereinafter referred to as “the Scheme”) with its Equity Shareholders (hereinafter referred to...
M&A Happenings: June 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals June 2015 May 2015 Auto Components 1 1 Engineering 3 2 Financial Services 2 – Investments 3 4 Information Technology 3 1...