India Grid Infrastructure Investment Trust commonly known as IndiGrid InvIT which was the second InvIT to get listed in the Indian stock market now has added Esoteric II Pte Ltd, an affiliate of KKR & Co. Inc as a...
GMM Pfaudler: Intention to become India’s MNC or giving exit to Private Equity
GMM Pfaudler Limited (GMM) announced on August 20, 2020 signing of definitive agreements in connection with the acquisition, by the Company, of a majority shareholding (54%) in the global business of its holding company...
Will Debt Restructuring turn the TIDE for SUZLON ENERGY?
Loss making wind turbine maker Suzlon Energy has finally completed its debt restructuring. The company has met all the stiff conditions put forth by its lenders. After the restructuring, the company's term debt has been...
Concept of Deemed Record Date – need for schemes under Sec 232
In September 2013, the Board of Directors of Man Industries Ltd. approved the Scheme of Arrangement between Man Industries (India) Limited and Man Infraprojects Limited a 100% subsidiary of Man Industries, Man...
Infosys on acquisition spree to regain bellwether tag
Infosys Ltd, the country’s second-largest software services provider, which regained lost ground and demonstrated consistent performance, is on an acquisition spree as it has set its sights on the next goal to become...