Last month, Hinduja group announced the consolidation of their two separate listed arms by amalgamating Hinduja Foundries Limited (HFL) with Ashok Leyland Limited (ALL). Rationale Ashok Leyland Limited is the 2nd...
How to make Digital Profitable – IT is Simple
Readers who have dealt with IT systems, vendors, processes will be surprised to read the words IT (Information Technology Systems) and Simple in the same sentence. IT plays a very critical role and is all-pervasive. IT...
Bayer-Monsanto Deal: Creating an Agriculture Powerhouse
Sealing the biggest global M&A deal of this year, Bayer will buy US-based Monsanto for $66 billion including debt to create the world’s biggest supplier of seeds and pesticides company. The two companies will have a...
M&A HAPPENINGS AT BOMBAY HIGH COURT
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals October 2016 September 2016 Agriculture 2 - Chemicals 4 1 Entertainments - 1 Financial Services 6 7 Information Technology 4 6 Investment 2...
CREATION OF SINTEX HOLDING
Sintex Plastics Technology (Sintex Plastics), Sintex-BAPL Limited (Sintex BAPL) is WoS of Sintex Industries Limited (SIL). Sintex Infra Projects Limited (Sintex Infra) is WoS of BVM Overseas Limited (BVM) and BVM is WoS...
CIT, Mumbai Vs. M/s D. Chetan & Co.
FACTS OF THE CASE The Respondent Assessee is engaged in the business of import and export of diamonds. During the assessment proceedings, the Officer found that Respondent assessee explained that the amount of Rs.78...
Vatsala Shenoy Vs Supreme Court of India
Facts of the Case A Reconstitution Deed of partnership executed between the Thirteen Partners with the name 'M/s. Mangalore Ganesha Beedi Works' (hereinafter referred to as the 'firm') on June 30, 1982. Duration of this...
Orient cement’s acquisition Jaypee Group’s cement assets
The estimated size of Indian Cement Industry is 410-420 million tonnes. Over the last 3 years, the Indian cement industry has seen 47 million tonnes of capacity change hands for an EV of more than Rs.36,000 Crore. The...