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Mega Consolidation: SeQuent Scientific and Viyash Lifesciences backed by PE Carlyle Group
SeQuent Scientific Limited announced a merger which is expected to create a unique & differentiated platform with leading market position in the Animal healthcare segment.SeQuent Scientific Limited (“SEQUENT” or...
2 weeks ago
ITAT held that the reserve created on amalgamation is capital in nature and not taxable as perquisite
Recently, the Income Tax Appellate Tribunal, Mumbai held that the reserve created on amalgamation is capital in nature and not taxable as perquisite.Facts of the Case:The appeal is filed by the Deputy Commissioner of...
2 weeks ago
Cement Sector Consolidation Continues: Orient Cement to be acquired by Adani Group’s Ambuja Cement
The shopping spree for the Adani Group seems to be unstoppable. Recently, Adani Group announced yet another acquisition in cement space. This time it is Orient Cement Limited. Within no time Adani Group has become...
2 weeks ago