A plan to merge goods and services tax (GST) slabs of 12% and 18% into a single rate that will apply to most goods is expected to get delayed, while the GST compensation cess levied on items like cars may be extended...
Deal numbers touch a decadal high in April despite 2nd COVID-19 wave
Deal numbers, including private equity investments and mergers and acquisitions, touched a decadal high for any month at 161 in April, even as the country faced the second wave of the COVID-19 pandemic, a report said on...
M&As rise 8% to $32.3 billion till April despite Covid wave: Report
A massive 133 per cent jump in the proceeds from initial public offerings (IPOs) has seen the deal street on a near roll in spite of the raging second wave of the pandemic, with the value of mergers and acquisitions...
Merger and acquisitions jump over 17 per cent to USD 25.3 billion in Q1: Report
Merger and acquisitions surged 17.4 per cent in the March quarter to USD 25.3 billion across 97 deals, according to a report. According to the report collated by Mergermarket, relaxation in the pandemic restrictions as...
Canada M&A sets record for quarter on cross-border deals, easy money
Canadian M&A activity in the first three months of the year catapulted to an all-time high as dealmaking recovered from the coronavirus fallout, and bankers point to a healthy pipeline of transactions underpinned by...
Pressing question before India’s tech unicorns: Where to bring an IPO?
Internet initial public offering (IPO) news is coming from all corners: Flipkart, PolicyBazaar, Zomato, Ola, Freshworks, PepperFry, Nykaa and Delhivery are all at various stages of finalising their plans. According to...
UK regulator to consult on changing rules for SPACs
Britain’s financial regulator said on Wednesday that it is to consult on changes to its listing rules for Special Purpose Acquisition Companies (SPACs), following a recommendation from a review commissioned by UK...
Here’s how the American SPACs rocket failed to take off in Europe
“I get an email almost every morning from some SPAC seller telling me to do a SPAC with them,” said Johnny Boufarhat, CEO of Hopin, a virtual events platform. “It’s interesting, but it also...
How Covid-19 disruption created a blue sky of opportunities for M&As
Amid the ongoing pandemic challenges, corporate mergers and acquisitions have undergone a phenomenal change, which has opened the floodgates for purposeful deals – whether mainstream, cross-border or cross-sector...
Delhi HC asks Govt, Finance Ministry and RBI to consider parity between IBC and Sarfaesi Act
The Delhi High Court on Thursday asked the Ministry of Finance and the Reserve Bank of India (RBI) to consider bringing in parity in certain sections of the Insolvency and Bankruptcy Code (IBC) and the Sarfaesi Act...
SPACs look to India for next wave of acquisition targets, says Nomura
Blank-check companies are increasingly looking to India for acquisition targets, which will keep the country’s recent dealmaking streak going, according to Nomura Holdings Inc. ReNew Power last week agreed to merge with...
How SPACs can help make Indian firms a key part of global listed markets
While this last one year has been fraught with uncertainty for businesses across the world, one part of the economy that has remained positive is the stock markets. Against this backdrop, a phenomenon that has caught...
