CIE Automotive S.A. is a very large automotive conglomerate having its registered office in Spain and listed on Bilbao and Madrid stock exchange. Its group company Participaciones Internacionales Autometal Tres. S.L...
Mahindra Satyam: Back From The Brink!
In September 2008, Satyam, the then sixth largest India-based IT services company, received the coveted “Golden Peacock Global Award for Excellence in Corporate Governance”. Then, just four short months after this...
TATA Power Acquires AES Corp
TATA has entered into share purchase agreement (SPA) with AES Corp. for 100% shareholding of AES Saurastha Winds Farms Private Limited. This is the horizontal acquisition as the TATA has a presence in renewable energy...
Two Airlines Driven By One Pilot: TATA
Ratan TATA‘s long-standing but unrealized dreams may finally be getting wings. Nearly six decades after the Indian government divested the TATA’s of their majority holding in Air India by nationalizing the airline, TATA...
Tech Mahindra Successfully Merges Satyam With Itself
Tech Mahindra completed Satyam’s merger with itself. The merged entity will be called Tech Mahindra and Mr. Anand Mahindra will be its Chairman. Tech Mahindra Managing Director, C. P. Gurnani announced that the swap...
Strides Arcolab Ltd Has Completed sale of Agila Specialties
Drug firm Strides Arcolab Ltd has completed sale of its specialties division Agila Specialties Pvt Ltd to the US-based generic drug major Mylan Inc for up to $1.75 billion. However, the company has agreed to Mylan...
Amtek Grows From Strength To Strength
ALLIANCE INTEGRATED METALIKS LIMITED: The company started as a financing company in the name of “BS Holding and Credit Private limited” in the year 1989 based in New Delhi. In the year 1996 it was converted into a...
Crompton Greaves Diversifies Product Portfolio
CROMPTON GREAVES LIMITED, a company lead by the AVANTHA GROUP is a pioneering leader in the management and application of electrical energy, with the presence in over 10 countries. CG is active in the global power...
The Multiple Paradox
The popularity of Multiples among investors is well known. But, recently this trend is catching up amongst executive/ managerial people as well. Some of the common valuation multiples frequently used are Price-to...
IS VALUATION ONLY ABOUT NUMBERS?
INTRODUCTION Yes, we are all aware of the famous phrase “valuation is an art and not science” but how sincerely do we follow it. When it comes to valuation the entire focus immediately shifts to our most loveable friend...