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GRANT THORTON
JSW Neo buys Statkraft hydro power unit in Himachal for ₹ 1,727 croreJSW Neo Energy has acquired Statkraft's hydro power unit in Himachal Pradesh for ₹1,727 crore, marking Statkraft's exit from India. This ac...
Grant Thornton's former forensics head Samir Paranjpe moves to PwCSamir Paranjpe, former forensics leader at Grant Thornton Bharat, joined PwC as a partner. Under his leadership, Grant Thornton Bharat inve...
India Inc defies downtrend, records 95 deals in July: reportDeal volumes fell 46% compared to the same period last year, however deal value witnessed a rise of 58% owing to nine big-ticket transactio...
Can EPS-95 family pensioners apply for higher pension?The Supreme Court has allowed certain employees to apply for higher pension from Employees' Pension Scheme (EPS). However, it may happen th...
When money is not worth a penny: SMEs need more than monetary schemes to growThe government has provided a lot of monetary support to small businesses. But stakeholders say it is time to look beyond such programmes t...
CBI registers case against Unitech MD in Canara bank fraud; carries out searchesThe Canara Bank has alleged that the company had been availing credit facilities from it on the basis of personal and corporate guarantees ...
Global consultancy firm to be engaged for rating police stations“The selected auditing firm will be required to physically visit each one of the shortlisted police stations in all the states and union te...
IL&FS probe: Audit flags 'favours, pressure and threats' among tactics used for good ratingsA report shows that IL&FS management provided gifts or changed the rating agencies to get favourable ratings.
Indian start-up ecosystem not so fair? Only 14% businesses run by womenIndia is the third largest start-up ecosystem in the world.
India Inc's Jan-Jun deal tally at USD 74.8 bn on big-ticket dealsKey growth drivers for the deal activity continue to be big ticket consolidation both domestic and inbound supported by high-value private ...
Jewellery firm Rajesh Exports buys Valcambi for $400 million in cash"It will help Rajesh Exports in securing raw material like dore," said Bhargava N Vaidya. Dore is a semi-pure alloy of gold and silver.
Pfizer to buy stake in two foreign units; shares rallyPfizer East India will acquire 29 per cent and 31 per cent in the company from the Netherlands and Panama units, respectively.
Private equity firms invest nearly $ 6 billion during first half of 2013: Grant ThorntonPE deals in April-June period was three-times the level of PE activity seen in the previous quarter with real estate, manufacturing and IT/...
Promoters, CX Partners in talks to sell 50% stake in Matrix CellularThe promoters of Matrix Cellular and CX Partners have initiated talks to sell a majority stake in the company, three executives confirmed.
- Bird Group acquires Royal Park Hotel
Delhi-based aviation and hospitality entity Bird Group has acquired the landmark Royal Park Hotel next to the famous Hyde Park in Central L...
- $1 billion infrastructure fund on anvil
US hedge fund Fursa Alternative Strategies, Srei and Sanjiv Gupta are launching India-focused infrastructure fund called Vision Global.
- Growth potential keeps BPOs in M&A action
Some of the recent M and A deals have been Infosys and Philips BPO, Blackstone and Intelenet. The selling mantra
- Action Hour: BPOs take the lead in M&A action
BPO entities have been at the forefront of large mergers and acquisitions (M&A) in the Indian IT space as compared to IT services firms.
- M&A st develops foreign flavour in May
Cross-border deal value has gone up nearly 16 times at $4.11 bn as compared to domestic deals in May.
- Cement gets a realty look from pvt equity investors
One of the biggest beneficiaries of the present real estate boom seems to be the cement sector.