HC plugs tax evasion leak in M&A formula Amalgamation of companies as a tax avoidance/evasion device is going to be difficult from now on, thanks to a recent order by the company court of the Bombay High Court. The...
M&M buys 68% in Germany`s Jeco
M&M buys 68% in Germany`s Jeco Automobile major Mahindra & Mahindra (M&M) will acquire a 67.9 per cent stake in Jeco Holding AG, one of the top five forgings companies in Germany. M&M executives did not...
Digital Ace: Vijay Shekhar Sharma, CEO, PayTM
In the fast growing digital payments and mobile commerce platform in the country, PayTM has created a mark for itself under the leadership of Vijay Shekhar Sharma. He started the company in 2010 in Noida, which is...
Canada’s Bankers Petroleum agrees to takeover by Chinese firm
Canada’s Bankers Petroleum Ltd , one of Albania’s largest foreign investors, said on Sunday it has agreed to be acquired by affiliates of China’s Geo-Jade Petroleum Corp for C$575 million ($442.34...
Jindal’s Demerger Decoded
JINDAL STAINLESS LIMITED (JSL): Jindal Stainless Limited (JSL), a part of the OP Jindal group is among the top 10 stainless steel producers in the world and India's largest and the only fully integrated Stainless Steel...
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RCom gets CCI nod for acquiring Sistema Shyam
Reliance Communications (RCom) has received approval from Competition Commission of India (CCI) to acquire Russian conglomerate Sistema’s Indian telecom unit, Sistema Shyam Teleservices Ltd (SSTL). SSTL operates...
Turning the lights at Havells
In order to focus on domestic operations and build on that, Havells India Ltd. (Havells) has announced to enter into a definitive agreement through its wholly owned subsidiary Havells Holding Limited with Shanghai Feilo...
Case Law : Triune Energy Services Vs. DCIT
Case Law : Triune Energy Services Vs. DCIT (Delhi High Court) Topic: Goodwill value cannot be challenged where slump sale includes sale of goodwill & such agreement is beyond any doubt. Subscribe to read the full...
DISCLAIMER
HU Mergersindia.com Pvt. Ltd. or any of its sister concerns are not legally or otherwise liable for any consequences arising out of the views expressed. HU Mergersindia.com Pvt. Ltd. assumes no liability or...
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,”...
Eicher Polaris JV launches nano UV at Rs 2.32 lakh
The joint venture company of Eicher Polaris today launched a compact utility vehicle Multix priced at Rs 232,850 (ex-showroom, Jaipur), which makes the five-seater compete directly against the Tata Nano. Powered by a...