Mukesh Ambani's Reliance Industries Ltd has announced the acquisition of Kishore Biyani's Future Group to expand its retail business and bolster e-commerce. However, the deal has run into legal trouble with global e...
Electrosteel Castings and Srikalahasthi Pipes merge to consolidate its position
In order to consolidate its position in the ductile iron (DI) pipe industry, the boards of Kolkata-based Electrosteel Castings (ECL) and its associate company Srikalahasthi Pipes (SPL) approved a scheme of amalgamation...
Resolution plan for ACCIL by JSW Steel
Asian Colour Coated Ispat Limited (ACCIL), a steel company, in the year 2018 was included in the Reserve Bank of India’s second list of defaulters on which banks were asked to take corrective action. State Bank of...
Triggers for M&A – Internal Restructuring
We looked at the diverse types of structuring possible and the triggers when a business owner is going for external restructuring. External restructuring is the option for inorganic growth strategy for the company...
Britannia Industries Issuances of Bonus Debentures the Third Time
Britannia a leading food company in India, most trusted food brands and manufacturer of numerous biscuits, a public limited company having its equity shares listed on BSE Limited and National Stock Exchange of India...
Voltamp Transformers Ltd streamlines promoter shareholding structure
In a move to simplify promoter’s holding, Voltamp Transformer Limited (“VTL”) announced the amalgamation of promoter entity with VTL. Voltamp Transformers Limited (VTL), established in 1963, has installed facility to...
Growth strategy for the Digital Age: HCL acquires Australian IT company DWS
HCL Technologies Ltd will acquire Australian information technology and business consulting company DWS Ltd. In a regulatory filing, the company said the total equity value pay-out will be 158.2 million Australian...