Tata Sons chairman emeritus Ratan Tata has invested an undisclosed amount in Bengaluru-based retail technology start-up SnapBizz. The company had announced a Series-A funding of $7.2 million led by Jungle Ventures...
SEBI Listing Regulations – Specified Securities
On 2nd September 2015, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 was notified by SEBI. These compliances as mentioned below are only related to entities whose specified securities are...
Strategic Debt Restructuring
Strategic Debt Restructuring – A short in the arm for banks With rising non-performing loans (NPAs) or stressed loans of banks, the Reserve Bank of India (RBI) has come out with Strategic Debt Restructuring (SDR)...
The acquisition machine
In times when ‘under-promise and over-deliver’ is the order of the day, few would dare to place lofty targets before stakeholders. And those who do this successfully tend to create history. This is exactly...
Formation of JV with states for rail projects
The Union cabinet chaired by Prime Minister Narendra Modi today approved a proposal for formation of joint venture companies between Indian Railways and state governments to mobilize resources for executing rail...
Government Merges NSEL with FTIL
NATIONAL SPOT EXCHANGE LIMITED DRAFT ORDER ON AMALGAMATION OF NATIONAL SPOT EXCHANGE LIMITED WITH FINANCIAL TECHNOLOGIES (INDIA) LIMITED Ministry of Corporate Affairs, on behalf of the Central Government, has issued a...
Divided We Rise!
……Mastek to demerge its Insurance Business Demergers are gaining momentum in the Indian Market again. There has been a spate of demerger announcements in the past months by Indian Companies. Crompton Greaves, Polaris...
Strides-Shasun Combining to Accelerate Strategy and Growth
On 29th September 2014 Board of Directors of Strides Arcolab Limited (‘Strides’) and Shasun Pharmaceuticals Limited (‘Shasun’) announced that both companies have approved Scheme of Amalgamation between the two companies...
Cognizant’s Healthcare Acquisition
DEAL/TRANSACTION: Cognizant struck its largest deal to date, $2.7 billion in cash to buy US-based TriZetto from primarily owned by private equity group Apax. BlueCross BlueShield of Tennessee and Cambria Health...
“NETWORK18” now in Reliance Network
This investment by RIL turnout to be Hostile takeover of Network18 NETWORK18: Founded by Raghav Bahl, Network18 is one of India’s largest media companies, which owns television channels CNBC TV18, CNN-IBN, CNBC Awaaz;...
STEEL A Deal Impact: JSW and ISPAT ACQUISITION
Way back in December 2010, JSW Steel entered into an agreement with Ispat Industries Ltd to acquire 41.4% stake in Ispat at a price of Rs 19.85 per share for Rs 2,157 crore on a preferential basis. The funds were mainly...
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...