Industry-wise breakup of the schemes filed is as follows: Kumaka Industries Limited Industry No. of Deals January ‘16 December ‘15 Agriculture – 1 Chemicals 2 – Entertainments 1 – Electronics 2 –...
BPTP promoters to buy back stake from CPI, JPMorgan for Rs 693 cr
Real estate firm BPTP’s promoters will buy back nearly 12 per cent stake held by private equity firms JPMorgan Chase and CPI in the company for about Rs 693 crore. For this, the company has sold its IT Park BPTP...
IDFC : Moving up the value chain
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...
M&A Happenings: November 2015
Industry-wise breakup of the schemes filed is as follows: Industry No. of Deals December’15 November’15 Agriculture 1 – Financial Services 2 1 Investments – – Information Technology – 2...
Viacom Inc Acquires 50% Stake In Prism TV For R940 Cr
US based entertainment giant Viacom Inc has acquired 50% of Prism TV which is an entity of Reliance Industries owned Network18 Group for a total consideration of R940 Cr. The remaining 50% will continue to be owned by...
TIDE ACQUIRER
Tide Water was founded almost 90 years ago by an eponymous US company in partnership with Andrew Yule. The US parent went through several takeovers until it ceased to exist by that name in the 1950’s. Hostile...
Inbound M&A Deals on I-T Department’s Radar
The Tax department has fixed its eagle eye on yet another target — this time it’s inbound mergers and acquisitions (M&As). Forty companies are said to have received notices and the total tax demand...
POST DEAL ANALYSIS OF ASTRAL POLY TECHNIK LIMITED
Astral Poly Technik Limited manufacture and market the advanced CPVC plumbing system. During last FY 14-15, the company acquired 80% stake of Seal IT services Ltd (UK) & 76% of Resinova Chemie Limited (India)...
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...
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...