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AMALGAMATIONS BUSINESS GROUP
Succession battle breaks out at TVS as camps disagree over business division, family MoUDeep disagreements over inheritance have emerged between Venu and Mallika Srinivasan's children, leading to potential legal action. While V...
Shiva Cement to merge with JSW Cement; board approves 5:41 swap ratioThe board of JSW Cement has approved a scheme of arrangement, including the amalgamation of Shiva Cement with and into JSW Cement, the comp...
Stocks in news: Tata Steel, KPI Green Energy, NLC India, Poonawalla Fincorp and Cummins IndiaIndian equity benchmarks faced a decline as both the Nifty 50 and BSE Sensex hit six-month lows. The Nifty 50 saw a drop of 64.05 points, o...
Tata Trusts pitch Tata Sons restructuring as alternative to listingTata Trusts have proposed merging Tata Electronics Systems Solutions and Tata Consulting Engineers with Tata Sons to alter its regulatory c...
Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree EnergiesIndian equity benchmarks experienced gains on Wednesday, driven by widespread buying in the market. Investors reacted positively to signs o...
Reliance Consumer Products quadruples authorised capital to ₹40,000 crore as FMCG business scales upReliance Industries has expanded the authorised share capital of Reliance Consumer Products to ₹40,000 crore. The company has tripled its b...
HEG shares rally 5% after receiving Rs 217.56 crore order from Indus Towers for lithium-ion battery banksHEG shares rose sharply on Monday after subsidiary Replus Engitech received a Rs 217.56 crore order from Indus Towers for lithium-ion batte...
Stocks in news: Swiggy, M&M, REC, Adani Power and Bajaj FinservIndian stock markets closed lower on Monday, extending their losing streak for four weeks. Investor sentiment remained subdued due to risin...
ET Prime Special Series: Multibagger or IBC - Part 73: The customer pays slowly. The machines depreciate slowly tooThe title of this series sounds binary. The businesses rarely are. Between a multibagger and bankruptcy lies a large middle ground where co...
HEG demerger to take effect on September 1; record date fixed for September 7HEG will implement its demerger from September 1, creating separate listed companies for graphite electrodes and advanced materials. Septem...
Oriental Hotels board approves merger with Indian Hotels Company Limited (IHCL)Oriental Hotels Limited's board approved an amalgamation scheme with The Indian Hotels Company Limited. This significant merger requires ap...
ProTec gets insurance licence; Irdai revamps key guidelinesProTec General Insurance will be allowed to undertake general insurance business under the applicable regulatory framework. The four regist...
CCI clears Go Digit Infoworks merger with insurer; Fairfax entity to hold 57.28% stakeThe Competition Commission of India approved Go Digit Infoworks' merger with Go Digit General Insurance. This transaction will see Go Digit...
SC ruling casts a tax shadow on merger share-swap dealsA Supreme Court ruling impacts shareholders in company mergers. Those receiving new shares via share-swap may face taxes on gains, even wit...
NCLT approves Aditya Birla group plan to merge NBFCs: SourcesAditya Birla Group plans to consolidate its non-banking finance companies (NBFCs) to create better synergies and ensure optimal utilisation...
Azim Premji gets MMA-Amalgamations Business Leader Award, says success in business taught him many thingsThe Wipro chairman said one can learn a lot from the life of Gandhi on philanthropy.
HDFC Life, Max Financial Services group's mega insurance merger plan hits IRDAI's roadblockIn a filing to stock exchanges, the company said, “IRDAI has expressed reservations to accept the scheme of amalgamation in its current for...
Zuari Agro Chemicals to merge 3 arms with itselfZuari Agro Chemicals said it's board has approved merger of its three wholly-owned subsidiaries into the company in order to simplify the g...
- Corporate business restructuring gets a tax fillip
The Authority for Advance Ruling (AAR) held that restructuring of businesses cannot be construed as an exercise for avoiding tax in India.
- Amalgam gives Tatas food for thought
The Tata group is foraying into the foods business. Tata arm has picked up stake in Kochi-based food company.