“We decided that we weren’t going to be in any business that wasn’t global. You’re not safe if you’re only at home. You can’t compete in a small pool anymore” Born on 1st May 1955, in...
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...
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...
PVR STRENGTHENS ITS POSITION
The Indian film industry is one of the largest globally with a renowned history. Since last year, big players in the industry like INOX, Carnival etc. started making acquisitions. Now another big player, PVR has...
Indian Food & Beverages Sector- Challenges
India is one of the fastest growing economies of the world. With the increasingly young and educated middle class, India is expected to become the third largest world economy by 2030, surpassing developed economies like...
Cheesiest Kraft-Heinz Merger
Investment firms 3G Capital and Berkshire have teamed up to create a new company through the merger of H J Heinz and Kraft Foods. The giant new company will be called the Kraft Heinz Company and will make it the third...
Capgemini Secures IGate
Capgemini has acquired IGATE, a prominent US-listed technology, and services company headquartered in New Jersey. the transaction amounted to $4.04 billion. The merger agreement has been approved unanimously by both...
Infosys’ Sikka Buys Panaya For a Giant Leap
In February 2015, Infosys bought Panaya Inc., a leading provider of automation technology for large scale enterprise software management, for an enterprise value of $200 million (Rs 1,244 crore). The payment was upfront...
Merger Of Ing Vysya And Kotak Mahindra Bank
The banking industry is largely fragmented in India with more than half of the commercial banks being state-run entities. Also amongst them, only two of them figure among the world’s 100 largest banks. Besides, there...
Greenply Industries Demerges Laminate Business
Greenply Industries Ltd’s demerger of laminate business was approved by the Gauhati High Court on October 31, 2014, under Sections 100 to 104 and 391 to 394 of the Companies Act, 1956 between Greenply Industries Limited...
Mastek Demerges Insurance Business
IT Company Mastek Limited, a BSE-NSE Listed Company, had demerged its insurance products and service business into a separate listed company. Mastek is an IT solutions player with global operations providing new...