Shasun Pharmaceuticals has got the approval from Madras High Court for Scheme of Amalgamation with Strides Arcolab Ltd. The Competition Commission of India (CCI) has issued its approval for the proposed merger of drug...
RIL Takes Over Network 18
In order to leverage its 4-G operations, Reliance Industries Ltd (RIL) has taken complete control of Network 18 Media and Investments Ltd, including its subsidiary TV18 Broadcast Ltd. and the Board of Reliance...
RBI Allows FDI In LLP
RBI welcomes Foreign Direct Investment in LLPs In a big benefit move, the Reserve Bank of India (RBI) has allowed foreign direct investment in limited liability partnerships. The LLP Act 2008 allowed foreign nationals...
Amalgamation Of CIE & M&M Group
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...
Thomas Cook’s Sterling Move
Billionaire investor Prem Watsa-backed Thomas Cook India had acquired vacation ownership Sterling Holiday Resorts for Rs 870 crore, marking its foray into the hospitality sector. For Thomas Cook, it was the...
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...
Angels Enter India…!
On 21st May 2012, SEBI notified the Alternative Investment Fund (AIF) Regulations bringing all privately pooled investment funds under one roof (except Mutual Funds and Collective Investment Schemes). The said...
Holcim Partial Exit—Innovative Structure
The cement industry is literally the building block of a nation. A country’s cement output is considered one of the primary indicators of its level of economic development. In a recent development Holcim, one of the...
Shriram Group Is The First Choice For Investors
Shri Ram Group Company has made investments in Manufacturing, Value Added Services, Project Development, Engineering Services, Pharmaceuticals, Machined & Auto Components, Press Dies & Sheet Metal Stamping...
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...
SPLIT & LIST: THE WAY AHEAD FOR CONGLOMERATES?
In last September’s edition we covered a topic “Conglomerates – Corporate Dinosaur: On their Way to Extinction?” where we discussed various reasons for decreasing number of conglomerates, one of them being increasing...