While M&A due diligence is largely confirmatory, joint venture due diligence is informatory For any joint venture to succeed, it is essential to conduct proper due diligence. An organisation must create an...
How to find the right joint venture partner
Care must be taken in the designing and drafting of the joint venture agreement to clarify exactly who owns what While joint ventures can propel growth, selection of the right partner matters a lot for the success of...
JK Tyre Acquisition
The Seller Kesoram Industries Limited is a well - diversified entity in the fields of Cement, Tyre, Rayon Yarn, Transparent Paper, Spun Pipes and Heavy Chemicals with two-core business segments i.e. Cement and Tyres...
RBI’s Master Directions Merger of Private Sector Bank
In exercise of the powers conferred by Section 35A of the Banking Regulation Act, 1949 and pursuant to the Section 44A of the Banking Regulation Act, 1949, Reserve Bank of India (RBI) has issued the Master Directions to...
Equitas Holdings: A Professionally Managed Company
Incorporated in June 2007, Equitas Holdings Ltd is a Chennai-based company founded by Mr P.N. Vasudevan who holds a mere 2.5% equity stake as a promoter of the company. The company is a financial services provider...
Bank Mergers: The need of the Hour
Context of merger and rising NPAs The steep rise in bad loans or non-performing assets (NPAs) of state-run banks has weighed on the economic development of the country as these banks hold more than two-thirds of...
Apollo Welspun Deal: A costly affair?
FLASHBACK As Apollo Global Management LLC (Apollo), the US-based PE fund is cheering its success in the Unites States, its Indian business is still waiting for a take-off. It has set up a joint venture with ICICI...
Banks Invoke SDR in Gammon India
In April 2016, Gammon India accepted a proposal from Thailand-based GP Group to invest Rs250 crore in its civil EPC business. The Board of Gammon India has approved the execution of the Investment Agreement. The entire...