Essar Oil runs the Vadinar refinery in Gujarat, which can process about 400,000 barrels a day. Most of the refinery’s output is sold locally, either through its own outlets or to government-owned fuel retailers. In July...
Balaji Telefilms Group Restructuring: Shifting Paradigms
On September 2016, the Board of Directors of Balaji Telefilms Limited (BTL) approved amalgamation of Bolt Media Limited (BOML) with BTL and demerger of the films production undertaking of Balaji Motions Pictures Limited...
BOSCH on the path to an exciting journey
Combining innovation and focus on core business, Bosch India has been able to maintain its leadership despite many macro and micro headwinds. Bosch Group is a leading global supplier of technology and services. It...
M/s Orient Blackswan Pvt. Ltd., Hyderabad Vs. ACIT
TOPIC Sum received for restraining use of ceased trademark is non-taxable capital receipt Facts of the Case Assessed company is engaged in the business of publishing and trading of educational and academic books on its...
M/s Rayala Corporation Pvt. Ltd. vs ACIT
TOPIC Rental Income from Business Facts of the Case The appellant-assesse, a private limited company, is having house property, which has been rented and the assesse is receiving income from the said property by way of...
M&A Happenings – November 2016 – Mumbai High Court
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals November 2016 October 2016 Agriculture - 2 Chemicals 1 4 Entertainments 1 - Financial Services 2 6 Information Technology - 4 Investment ...
ENDURANCE Technologies IPO: Better late than never
The automotive components industry in the country has scaled Rs 2,500 billion in 2015-16 while exports have grown even faster to Rs 702 billion. The Indian auto component industry is expected to grow by 8-10 per cent in...
Cash crunch leads to M&A in e-retail
At a time when start-ups are finding it difficult to secure more funding to run their business, consolidation is increasingly taking place in the online retail space. This year alone, there have been 15 mergers and...
Buyback fuels disinvestment of PSUs
The Central government has set a very ambitious disinvestment target for the current financial year. The Union Budget 2016 has set a target to raise Rs 56,500 crore through direct stake sales this fiscal — Rs...