……Mastek to demerge its Insurance Business Demergers are gaining momentum in the Indian Market again. There has been a spate of demerger announcements in the past months by Indian Companies. Crompton Greaves, Polaris...
Strides Acroloab Acquires Raricap
Mergers have played a key role in shaping the global pharmaceutical landscape. Indeed, most of the pharmaceutical companies that stayed among the world’s 20 largest between 1995 and 2005 were involved in “megamergers,”...
Case Law : Tata Consultancy Services Vs. ACIT
Tata Consultancy Services Vs. ACIT (ITAT Mumbai) Topic: There are two matters:- Whether payments made for purchase of unexpired processing contracts can be treated as capital in nature. Whether depreciation on lease of...
Start-ups: Deals of the day
Saral Design raises funds from Fynd founder, FCB Ulka advisor Saral Design Solutions Pvt. Ltd, a product-driven start-up making affordable and high quality menstrual hygiene products has raised angel funding from Farooq...
Qatar’s Al-Thani Family Private Bank Plans European Acquisitions
KBL European Private Bankers SA, the Luxembourg-based wealth manager ultimately owned by Qatar’s Al-Thani family, expects to make two acquisitions in Europe in addition to its purchase of UBS AG’s private bank in...
Draghi’s Plan to Buy Regional Bonds Seen as Mere Side Dish
The European Central Bank’s decision to buy regional and municipal debt may do little to enhance its quantitative-easing program. The lion’s share of those bonds come from Germany’s 16 Federal states and Spain’s...
What Convinced TATA Motors To Take Over The JLR?
WHAT CONVINCED TATA MOTORS TO TAKE OVER THE JLR Tata might have acquired the JLR in 2008 but the plan for acquisition and internal due diligence started when the first real contact between Tata and Ford took place in...
Union Bank ties up with Maharashtra for OTC tax collection
MUMBAI: State-run Union Bank of IndiaBSE -1.87 % today tied up with Maharashtra for over-the-counter (OTC) collection of taxes and receipts. The bank has integrated its core banking with the Maharashtra virtual...
Union Bank ties up with Maharashtra for OTC tax collection
MUMBAI: State-run Union Bank of IndiaBSE -1.87 % today tied up with Maharashtra for over-the-counter (OTC) collection of taxes and receipts. The bank has integrated its core banking with the Maharashtra virtual...
Draghi’s Plan to Buy Regional Bonds Seen as Mere Side Dish
The European Central Bank’s decision to buy regional and municipal debt may do little to enhance its quantitative-easing program. The lion’s share of those bonds come from Germany’s 16 Federal states and Spain’s...
Symphony acquires Chinese air cooler brand Keruilai
AHMEDABAD: Air cooler maker SymphonyBSE 1.24 % Limited on Thursday announced acquisition of Chinese air cooler company Munters Keruilai Air Treatment Equipment (Guangdong) Co. Ltd. (MKE) that owns the brand Keruilai...
MakeMyTrip To Acquire Stake In HolidayIQ
Online travel portal MakeMyTrip, is picking up 28% stake in travel community portal, HolidayIQ, for a consideration of about R95 Cr ($15 Mn), valuing the company at around R340 Cr. The deal is expected to be completed...