A 1994 report from Department of Economic Affairs, Ministry of Finance found a lack of specialised financial intermediaries offering funds for infrastructure projects. This lead to the birth of IDFC Limited (IDFC) on...
Fedex, TNT win U.S. approval to merge
Nov 24 Tennessee-based Fedex Corp and Dutch counterpart TNT Express have won U.S. antitrust permission to merge, according to a listing of approved deals the Federal Trade Commission issued on Tuesday. The European...
Fedex, TNT win U.S. approval to merge
Nov 24 Tennessee-based Fedex Corp and Dutch counterpart TNT Express have won U.S. antitrust permission to merge, according to a listing of approved deals the Federal Trade Commission issued on Tuesday. The European...
Western Union makes $630 mln proposal for smaller Australian online rival
U.S. money wiring giant Western Union Co said it made an informal offer to buy Australian online rival OzForex Group Ltd for A$888 million ($632 million), aiming to boost its access to one of the world’s biggest...
Ashish Kashyap on “start from the ground”
Leadership & Quotes: Ashish Kashyap “Wherever there is a big problem there is an opportunity” “build+invest+acquire” Ashish Kashyap, founder and chief executive officer of ibibo Group is a quintessential start-up...
October 2015
JSW Energy Strengthens it's Power Generating Business
Post Deal Analysis : Astral - PolyTechnik
Jagran Group Merger
Consolidation of Clicks : ECommerce
SEBI - New Listing Regulations
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...
NSEL Investor Petitions: Sebi Probing FTIL, Promoters
The Securities and Exchange Board of India (Sebi) has told the high court at Mumbai that it is investigating complaints against Financial Technologies (FTIL) and connected entities and promoters, including...
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...
High-level Committee to Look at More Changes in Companies Act
Another round of amendments to Companies Act 2013 are in the pipeline after the government eased a host of provisions of the comprehensive law enacted by the previous UPA government that was seen by many...
VEDANTA’S “CAIRN” GAIN
London Stock Exchange-listed Vedanta Resources PLC, India’s biggest diversified natural-resources company, agreed to combine two of its Indian listed businesses — Vedanta Ltd. and Cairn India Ltd.—in an all-share deal...
NCLT Impact On M&A Procedure
The Companies Act 2013 (New Act), which was substantially made effective from April 1, 2014, has the potential and capability to be a historic milestone for implementing Mergers & Amalgamations (M&A). So far...