Overview The Indian Media and Entertainment (M&E) industry is a sunrise sector for the economy and is making high growth strides. Proving its resilience to the world, the Indian M&E industry is on the cusp of a...
Orient Paper Demerger: Divide & Conquer
Orient Paper & Industries Ltd (OPIL) is India’s second largest and biggest exporter in the paper industry.Orient consumer electric business introduced revolutionary idea and the most sought after benchmark in the...
Nitrex Chemicals India Ltd. Vs. CIT
Question of Law Whether payments made by the assesse to its holding company for the use of its trademark and for the purpose of obtaining expertise in commerce, finance, manufacturing etc. amounted to revenue...
Mr. Ashwin Puroshottam Bajaj Vs. ITAT
Facts of the Case Assesse is an individual running a proprietorship firm namely M/s The Shoe Box INC Retail Store of footwear, bags, belts, wallets and leather goods, boutique etc. having shops at Pune, Ahmedabad...
Spurt in global oil M&A deals
Oil and gas companies across the world, and especially in the US, inked a series of new mergers and acquisitions (M&As) last year after one year of moribund deal activities in 2015. As crude oil prices stabilized in...
Mahindra & Mahindra bets big on agri-equipment market
Turkey is ranked among the largest farm equipment markets globally and is a leading tractor market in Europe. Despite Turkey being part of the Syrian war at the moment, the farm equipment market is still largely...
Will demergers go the Dinosaurs way?
When businesses were simple and transactions were local, accounting standards were simple and local GAAP (generally accepted accounting principles) were sufficient. Today, businesses have become complex and a globalised...