Cadila Healthcare Limited (CHL) is a listed company that operates as an integrated pharmaceutical company with business encompassing the entire value chain in the research, development, production, marketing and...
INCOME TAX ACT Amendment for SLUMP SALE
Introduction Section 50B of Income Tax Act, 1961 deals with the taxability of profits arising on transfer of any business. Sub-section (1) of Section 50B provides that “any profits or gains arising from the slump sale”...
Anjani Portland Cement Limited: Making 1+1=3
On May 26th, 2021, Anjani Portland Cement Limited ("APCL") announced that it has entered into a Share Purchase Agreement with Bhavya Cements Private Limited (“BCPL”) and its Promoters, for acquisition of controlling...
Jindal Steel and Power divests its subsidiary Jindal Power stake
On 26th April 2021, Jindal Steel and Power Limited (“JSPL”), a listed company on BSE and NSE announced that its Board of Directors have approved the divestment of its entire equity interest of 96.42% in Jindal Power...