Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals September 2015 August 2015 Agriculture – 1 Financial Services 2 1 Investments – 2 Information Technology 1 4 Infrastructure...
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...
Paved way for Merger of FMC with SEBI
On 24th August 2015 The Securities and Exchange Board of India (SEBI) paved the way for the merger of Forward Markets Commission (FMC) with SEBI. According to a press release issued by SEBI, its board has cleared the...
BINANI Metals to Merge with BINANI Industries
Binani Industries Limited (BIL), a group that has business interests in cement, zinc, glass fiber, energy, and industrial infrastructure, Binani Metals Merger Binani Industries (BML) with itself. ABOUT BINANI GROUP The...
Sept 2015 : M&A Happenings at Bombay High Court
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals August 2015 July 2015 Agriculture 1 2 Financial Services 1 2 Investments 2 5 Information Technology 4 6 Infrastructure 1 – Food...
LUPIN ACQUIRES US GENERICS FIRM GAVIS FOR $880 MILLION
Pharma industry is growing very fast mainly through the inorganic route and given below are some major deals in last five years. RanbaxySun TOP PHARMA DEALS IN INDIA Target Acquirer Deal Size ($bn) Year Ranbaxy Daiichi...
Cairn India’s Merger With Vedanta May Fall Through
Billionaire Anil Agarwal’s plans to merge his two India-listed companies, Vedanta (earlier known as Sesa Sterlite) with oil producer Cairn India, might fall through with two large minority shareholders...
Indian Automobile Sector: A Mileage Way Ahead
The automotive industry is a critical component of economic growth. The Indian auto industry is one of the largest in the world with an annual production of 23.37 million vehicles in FY 2014-15. The automobile industry...
M&A Happenings: July 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals July 2015 June 2015 Auto Components – 1 Agriculture 2 – Engineering – 3 Financial Services 2 2 Investments 5 3...
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...
Sterlite Technologies Demerges Power Division
Telecom and Power Transmission Solution provider Sterlite Technologies Limited is set to spin-off its power business into a separate unlisted entity named ‘Sterlite Power Transmission Limited’ while retaining its...
M&A Happenings: June 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals June 2015 May 2015 Auto Components 1 1 Engineering 3 2 Financial Services 2 – Investments 3 4 Information Technology 3 1...