In a biggest-ever technology acquisition, PC maker Dell and private-equity player Silver Lake Partners have acquired data storage provider EMC for $67 billion in a cash-and-shares deal. The $33.15 per share deal works...
Inbound M&A Deals on I-T Department’s Radar
The Tax department has fixed its eagle eye on yet another target — this time it’s inbound mergers and acquisitions (M&As). Forty companies are said to have received notices and the total tax demand...
JSW Energy Strengthen It’s Power Genration Business
JSW is aggressively betting on the expansion of its power generation business. Power Generation business has a huge gestation gap in terms of time from setting up the business to make it profitable. Therefore to make...
Jagran Group to Merge its WoS
THE TRANSACTION Jagran Prakashan Limited has announced amalgamation of Suvi Info-Management (Indore) Private Limited (SUVI), a wholly-owned subsidiary of the Company with itself. TRANSFREE COMPANY:– JAGRAN...
SEBI NOTIFIES NEW LISTING REGULATIONS
On 2nd September 2015, Security Exchange Board of India (SEBI) has notified SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations). A time period of ninety days has been given for...
M&A Happenings: September 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals September 2015 August 2015 Agriculture – 1 Financial Services 2 1 Investments – 2 Information Technology 1 4 Infrastructure...
Castex Technologies Allots Shares
Even as the bond holders of Castex Technologies, formerly Amtek India, alleged manipulation, the company on Thursday converted around $80 million (Rs.530 crore) of bonds into equity. The Amtek group company...
REVERSAL OF TREND – BIRLA CORP TO BUY TWO UNITS OF LAFARGE
Birla Corp acquired Jojobera and Conadih cement plant from Lafarge for an enterprise value of INR 5000 crores which have a connection to the global merger of Lafarge from France and Holcim from Swiss had announced in...
GOOGLE’s ALPHA Structure
In a move to become conglomerate with holding company having stakes in different businesses, the tech giant ‘GOOGLE’ announced that it would rebrand itself as Alphabet – the holding company and push all its operating...
Cairn India’s Merger With Vedanta May Fall Through
Billionaire Anil Agarwal’s plans to merge his two India-listed companies, Vedanta (earlier known as Sesa Sterlite) with oil producer Cairn India, might fall through with two large minority shareholders...
Indian Automobile Sector: A Mileage Way Ahead
The automotive industry is a critical component of economic growth. The Indian auto industry is one of the largest in the world with an annual production of 23.37 million vehicles in FY 2014-15. The automobile industry...
GODREJ ‘s Consolidation of Interest in “THE TREES”
Godrej Properties Limited has informed that the Board of Directors of the Company at its meeting held on April 30, 2015, has approved the consolidation of Godrej Industries Limited’s interest in Godrej Vikhroli...