Large deals or those worth more than $250 million each have seen a sharp increase in value terms since 2015, Bain & Co. said in its India M&A Report 2019. Between January 2015 to April 2019, 60 large deals worth...
MAT breather to give a leg-up to bankruptcy resolution and M&As
Mergers and acquisitions as well as resolution of corporate bankruptcy are set to get a leg-up with the minimum alternative tax (MAT) exemption that the government announced on Friday as part of corporate tax reform...
High-level panel to study merger of NRI & FPI routes
The government plans to appoint a high-level committee to look into merging the non-resident Indian (NRI) and foreign portfolio investor routes, said three people aware of the matter. Finance minister Nirmala Sitharaman...
CCI puts in place green channel route for M&A approvals
Putting in place a speedier approval mechanism, Competition Commission has introduced a green channel route for clearing certain categories of mergers and acquisitions. The green channel concept — recommended by...
Govt raises limit for raising funds without diluting voting rights
The Union government on Friday liberalized rules that would allow Indian companies to raise share capital without diluting the voting rights of all existing shareholders. The move is expected to help promoters retain...
CCI approvals for M&As may be fast-tracked
A government panel on antitrust regulation has recommended faster clearances for mergers and acquisitions that do not stifle competition, but is silent on the curbs placed on e-commerce companies last year. The...
Cultural Integration Takes Lead in M&As
When a large private equity fund looked at buying a New Delhi based healthcare provider, the fund manager felt something was not right. Although the exclusivity agreement had been signed and the deal was in advanced...
Five ways to hold your own during an M&A
When one organisation takes over another, employees are not wrong in feeling insecure about their future. Anjali Venugopalan gets you tips from experts on how to adapt to a merger or acquisition of your company. 1...
Buybacks of shares least preferred mode of exit for private equities
The term ‘buyback of shares’ has got publicity on being mentioned in Café Coffee Day founder V G Siddhartha’s alleged suicide note. Buyback of shares is one way a promoter can offer an exit to a private equity (PE)...
Govt looks to cut stake in select state-run entities to up to 26%
The government is looking to pare down its stake in select state-run entities to up to 26%, setting the stage for some big-ticket strategic sales. A draft note will be put out for consultation before the proposal is...
Promoter pledge to halve once money from Apollo Munich stake sale comes in: Suneeta Reddy, Apollo Hospitals
Post the Munich deal, we will be at around 35% to 40% of the pledge. We hope to bring that down to about 20%, says Suneeta Reddy, MD, Apollo Hospitals. Excerpts from an interview with ET NOW. Post the stake sale in...
Tweaks in Companies Act to make fundraising easier
Fundraising through various financial instruments may get easier for companies in the days to come with the Union government trying to reduce compliance rigours as part of its 100-day agenda, a person familiar with the...
