The Board has considered and approved the Scheme of Arrangement between Srajan Capital Limited (“SCL” or “Transferor Company”), Career Point Limited (“Transferee Company” or “Demerged Company” or “CPL””) and...
Rejection of Scheme By NCLT: Objection of Regional Director on grounds of non-compliance
Hotel City Plaza Private Ltd ( “Appellant 1” or Petitioner Company 1 or “Transferor Company”) Trivandrum Apollo Towers Private Ltd ( “Appellant 2” or Petitioner Company 2 or “Transferee Company”) have preferred appeal...
Hindware Group’s 5 years journey after demerger: Still waiting for unlocking value
From its presence in sanitaryware & packaging in 2011, over the years, the Hindware Group expanded to numerous consumer facing businesses like Faucets, Appliances, Plastic pipes & fittings, Fans, Kitchen...
IIFL Online Retail Broking business shall be managed along with 5Paisa Online Discount Broking Business
To facilitate growth & rapidly changing dynamics in “Discounted Broking Business,” in 2016, IIFL Group demerged its “Discount Broking” arm from the group’s listed holding company IIFL Holding Limited (Now IIFL...
Whether NCLT is within its power to reject the scheme on the ground of tax benefits available to The Transferee Company?
Minda TG Rubber Private Limited (“Applicant Company/Transferor Company) filed scheme of amalgamation with Toyoda Gosei Minda India Private Limited (“Transferee Company”) before the Hon’ble National Company Law Tribunal...
Are Shiny days back for Jindal Stainless?
After having a roller-coaster decade, shiny days seem to be back for the Ratan Jindal Group. After a successful exit from the debt restructuring, the group announced the consolidation of two listed companies which were...
KSK Mahanadi Power Company through its Resolution Professional’s (RP) counsel informed NCLT, Hyderabad, on Monday,… The boards of various businesses of Raymond have given their nod for demerger of their… The Hinduja Group will raise its stake in IndusInd Bank from 16% to 26% in…KSK Mahanadi to NCLT: Change of circumstances calls for fresh bidding
Raymond’s board approves demerger of engineering biz for its foray into aerospace, defence, EV
IndusInd promoter company to raise stake in bank to 26%
Apple cofounder Steve Wozniak’s space data startup, Privateer, has raised $56.5 million and also acquired… U.S. utility Allete said on Monday that it had agreed a deal with investment firms… Sabadell’s board rejected a merger proposal by larger rival BBVA for a 12 billion euro…Wozniak’s space firm, Privateer, buys Orbital Insight, raises $56.5 million
US utility Allete goes private in $6.2 billion deal
Spanish bank Sabadell rejects $12.9 bln BBVA merger proposal
Carlyle Group backed Hexaware Technologies has acquired Softcrylic, a Minneapolis based data consulting firm. While… Blackstone Group is in advanced talks to buy Adani Realty’s commercial real estate project Inspire… US private equity firm KKR & Co. has agreed to acquire Bengaluru-headquartered Healthium Medtech Ltd…Hexaware acquires Softcrylic; boosts its data and analytics capabilities
Blackstone in talks to acquire Adani Realty’s BKC office tower for Rs 2,000 cr
KKR wins bidding war to acquire medical devices firm Healthium