We covered growth strategy of Rico Auto Industries Limited (Rico) in September 2011 issue. Rico is a renowned name in the auto component industry in India. Despite growth rate of 11% CAGR during FY 2006-07 to FY 2010...
Anant Raj Group Restructuring: Inconspicuous Scheme
Anant Raj Limited (ARL), established in 1969, is into a field of real estate development. armed with one of the largest land banks in the National Capital Region (NCR), the company is in the process of building an array...
Improving the Success of M&A through Decisive Diligence
In the September article, we looked at the critical role of measurements in improving the probability of success of M&A. Throughput, Investment and Operating Expenses (T, I, OE) must be used to measure performance...
Fortis Healthcare to Segregate Hospitals & Diagnostics Businesses
On Aug 19th 2016, Board of Directors of Fortis Healthcare Limited (FHL) granted in principal, approval to demerge diagnostic business of Fortis Group including the business of its majority owned subsidiary SRL Limited...
M&A Happenings : September 2016
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals September 2016 August 2016 Agriculture – 1 Chemicals 1 3 Entertainments 1 – Financial Services 7 4 Information Technology 6 2...
Telecom: Dial M for Mergers
For the Chairman of Reliance Industries, Mukesh Ambani, the launch of Jio is his attempt to strike it big in the high-growth Indian telecom industry. The launch will carry forward the dream of roti, kapda, makaan, aur...
Why is Warranties & Indemnities Insurance Important for Buyers and Sellers?
In the last article, we have discussed why Warranties & Indemnities (W&I) Insurance is important. We now will discuss the products features, its uses and advantages. One of the leading insurers for this line of...
Cub PTY Limited (Formerly Foster’s Australia Ltd) Vs. Union of India (UOI)
FACTS OF THE CASE The petitioner Cub PTY Limited (Formerly Known As foster's Australia Ltd) had a 100% subsidiary – Dismin India Private Limited (Dismin). In turn, Dismin held 100% shares of FBG India Holdings Limited...
Bombay Plaza Private Limited Vs. A.C.I.T. (ITAT Kolkata)
FACTS OF THE CASE On 16.04.1991 the Assesse entered into an agreement with M/s East India Hotels Limited (now renamed as EIH Limited) to acquire under a license an area of 9,000 square feet in Hotel Oberoi Towers...