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DHRUVA CAPITAL MERGER
NBFC Dhruva Capital announces merger with microlender Vector FinanceDhruva Capital Services Ltd is set to merge with Vector Finance, marking its entry into the microfinance sector. The merger, approved by Dh...
Professional services firms seek PE money to expand as scale becomes a necessityGrant Thornton Bharat is in discussions with multiple funds to secure private equity, mirroring a global trend in professional services. Fi...
Tailor-made, boutique companies fit well into businessA wave of boutique firms has emerged in the professional services sector offering specialized expertise with a personalized approach. These...
FirstCry refiles IPO papers; Groww secures payment aggregator licenceFirstCry has refiled its draft IPO papers with market regulator Sebi with updated financials. More on this in today’s ETtech Top 5.
Early stage VC IvyCap Ventures announces final close of third fund at Rs 2,100 croreThe fund is allocating a significant portion of its third fund to invest in around 25 early-stage startups. These initial investments will ...
PVR, INOX Leisure script mega mergerThe deal, if fructifies, will reshape the country’s film exhibition industry that witnessed its first phase of consolidation over the past ...
M&A deals may have to be reworked due to change in Finance BillThe government on Tuesday had through an amendment clarified that no indexation benefit would be available and cost of acquisition shall be...
LTCG: Loosen a bugbear in the marketJaitley has budgeted a collection of LTCG at Rs 20,000 crore. This signals that he expects at least Rs 2 lakh crore of realised LTCG next y...
Most investors frown upon conglomerate with diverse interests: Dinesh Kanabar, Dhruva Tax AdvisorsThe Grasim-Nuvo merger is in a sense skewered because at one level you are looking at merging of businesses which are very disparate and th...
Inbound M&A deals on I-T department's radar; total tax demand may exceed Rs 4,000 croreThe 40 Indian companies that got the tax demand include Credit Suisse, Godrej Properties, Kohinoor Infrastructure and Carat Media, accordin...
Veterans moving out of comfort-zone of being part of big brand to start their ownThe former MD (ventures and acquisitions) at Accenture has over 20 years’ experience in investing, operating and underwriting.
Has your fund been losing your money?There are a few fund schemes that have been lagging behind their benchmarks consistently and have failed to deliver any returns. Investors ...
- Mergers of mutual fund schemes is in vogue
Mutual funds are embracing the practice of merging one mutual fund scheme into another. Sundaram Mutual Fund has announced merger of Sundar...