India Inc must foray abroad with caution T. C. A. Ramanujam Indian companies are foraying into developed countries even as their Chinese counterparts are concentrating on the less developed nations of Africa. Though...
M&A activity in first half down 54%: Study
Indian companies were involved in 136 mergers and acquisitions (M&A) in the first half of 2009, down 54 per cent when compared with the first half of last year. The deal activity was also down 28 per cent when...
TCS scouts for big buy in Australia
TCS scouts for big buy in Australia Tata Consultancy Services (TCS) is once again negotiating to make a “significant” acquisition in Australia, the company’s chief executive Subramaniam Ramadorai...
Tech Mahindra to opt for preferential allotment
Tech Mahindra today said it will request the Satyam board to allot shares on a preferential basis to raise its stake in the Hyderabad-based firm to 42.7 per cent as the company’s open offer received a tepid...
GVK takes over EMRI management
Emergency Management and Research Institute, which runs the ‘108’ emergency medical help ambulance service, has been renamed GVK-EMRI. It has also made additions to its board. These changes come as a...
Seamless merger versus takeover
Seamless merger versus takeover A seamless merger ensures that both the employees and shareholders of the amalgamating company continue to partake in the business as if nothing has happened. S. Murlidharan...
Tech Mahindra to pay Rs 1,756-cr before deadline
Tech Mahindra would pay Rs 1,756 crore before the deadline of April 21 for acquiring 31 % stake in Satyam Computer for which it today got the approval from the Company Law Board. Sources in the company said it would pay...
Miraj Cinemas plans 15 more screens, eyes acquisitions
Multiplex operator Miraj Cinemas is planning to add 15 screens by the year end and is also eyeing acquisitions for expansion, a top company official has said. Miraj Cinemas, which started in 2012, has 54 screens across...
One more Acquisition by Inox Leisure LTD
In line with its strategy to expand its footprint in India, multiplex chain INOX Leisure Ltd (INOX) has acquired Satyam Cineplexes Ltd. This is Inox’s third acquisition since 2007 when it acquired Kolkata’s Calcutta...
ANAND MAHINDRA: THE FEDERATOR
“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...
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...
The Sunshine Sector of the Country
At a time when India is taking strident steps on the global stage, the Media and Entertainment (M&E) industry offers tremendous growth potential and exciting investment opportunities not only to domestic investors...