Searched for
SLUMP SALE REGULATIONS
China's May loan growth dips on weak demandAggregate financing, a broad measure of credit, increased ¥2.03 trillion ($300 billion), according to Bloomberg calculations based on data ...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
Sebi bans Par Drugs Chemicals from slump sale to promoter-linked entitySEBI has halted Par Drugs and Chemicals' proposed slump sale of its core business to Phal-Jig Fine Chemicals, a promoter-related entity, ci...
L&T Finance shares in focus on entry in gold loan business with Rs 537 crore acquisitionL&T Finance will enter the gold loan business following the board's approval to acquire Paul Merchants Finance. The Rs 537 crore slump sale...
CCI clears Reliance Polyester's acquisition of Shubhalakshmi Polyesters, Shubhlaxmi PolytexLast month, Reliance Polyester Ltd, a wholly-owned subsidiary of the Reliance Industries Ltd, executed definitive documents to acquire poly...
Competition Commission clears Axis Bank-Citi dealUnder the deal worth Rs 12,325 crore, announced on March 30, Axis Bank would take over Citi's credit cards, personal loans and wealth manag...
Lenders begin voting on group insolvency of 2 Srei companiesLenders of Srei Infrastructure Finance and Srei Equipment are currently voting on a proposal by administrator Rajneesh Sharma to undertake ...
Relief for M&A: Selling business, company piecemeal shouldn’t attract GST, says AAR rulingThe tax department has started scrutinising several M&A transactions where only part of a business is sold by a company.
Many retro tax rules continue to haunt companies“There are several retrospective regulations, albeit introduced from the beginning of the year, causing several problems for companies,” sa...
India Inc seeks resolution of other retro tax issuesThe companies are seeking that the government relooks at changes made in tax laws that resulted in tax demands retrospectively and led to l...
CCI permits Zuari Agro Chemicals plant's acquisition by Paradeep PhosphatesIn a tweet, the Competition Commission of India (CCI) said, "Commission approves proposed acquisition of the Zuarinagar plant of Zuari Agro...
Taxing trouble for M&A special purpose vehiclesAlmost all large deals in 2020 and 2021, where private equity or other strategic investors picked up stakes, were structured using a specia...
Slump sale regulations could trigger transfer pricing complications for companiesAs per the rules, companies have to follow a particular methodology while valuing assets whenever they undertake a slump sale. However, man...
Competition Commission approves Indo Gulf Fertilizers-Indorama deal"Commission approves acquisition of Indo Gulf Fertilizers (fertilizer business division of Grasim Industries Limited) by Indorama India Pri...
RBI proposes easier securitisation, loan sale guidelinesMarket participants have time till June 30 give their comments and suggestions to RBI on these guidelines.
Tata Motors sales dip 1 per cent to 68,709 units in MarchThe company's passenger vehicle sales in the domestic market declined by 12 per cent to 17,810 units last month
India's home sales recover with Mumbai vaulting to a 7-year highHomes costing less than five million rupees accounted for more than half the sales.
Competition Commission of India clears Fortis group's 'internal reorganisation'Under the deal, Fortis will be carrying out the rejig that involves three entities -- Fortis Healthcare Ltd (FHL), Fortis Malar Hospitals L...
Syngenta gets CCI nod to sell Goa unit to Deccan Fine ChemicalsUnder the deal, Syngenta India Ltd's (SIL) agrochemical manufacturing facility located at Corlim, Goa will be acquired by the Visakhapatnam...
- Companies sacrifice minority interest in asset sale
A handful of Indian companies, in the past few months, have been selling their key businesses to multi-national companies.