CESC Ltd. is India’s first fully integrated electrical utility company engaged in the generation and distribution of electricity. The company's operation is spanning the entire value chain: right from mining coal...
IMPLICATION OF GOODS & SERVICES TAX (GST) ON SLUMP SALE
The taxation regime for “Slump Sale” deals in India has always been a matter of differential judicial views and even before the advent of latest overhauled indirect tax structure, the position was scarcely settled when...
Timken India: Acquires ABC Bearing
ABC Bearings is engaged in the business of engineering, product design, manufacturing, distribution and sale of bearings including inter alia taper roller bearings (contributes over 80% of the total revenue- Mar 16)...
Merger Approval Reliance Communications & Aircel
In September 2016, there was an announcement of one of the biggest consolidation deal in the telecom sector between Rcom and Aircel, however, the regulatory authority National Company Law Tribunal (NCLT) has passed an...
Aurionpro Solutions calls for demerger of its consulting business
Aurionpro Solutions Ltd (ASL) is a global leader in enterprise security, digital innovation and banking solutions and a provider of IP led IT solutions for the Banking, Financial services and Insurance (BFSI) segment...
M/s. New Delhi Television Ltd. Vs. ACIT – Case Law
Facts of the Case NDTV along with its Subsidiaries entered into an agreement dated 23.05.2008 with NBC Universal Inc and Universal Studios International BV, as a result of the same, INR 642.54 cr (9,15,498 Shares @ INR...
Win win, amalgamation of Zandu Realty with Emami Infra!
Emami Infrastructure Limited (EIL) is one of the flagship companies of the Rs 3,050 Cr diversified Emami Group. It was incorporated on January 4, 2008, and is in the business of real estate. Its footprints are spanning...
PSU non-life insurers gear up for listing
The equity market will see a spate of initial public offerings (IPOs) of general insurance companies, predominantly of government-owned companies. The Finance Minister in his Budget speech had announced the listing of...