Medi Assist acquires Fairfax-backed Paramount TPA for Rs 312 croreMedi Assist TPA signed an agreement to acquire Paramount TPA for Rs 311.8 crore. Funded by internal accruals and short-term debt, the acqui...
26 Aug, 2024, 09.08 PM IST
How AGR redefinition can impact telcos' financialsIIFL Securities estimates Jio, Airtel and Vi to garner an extra Rs 100 crore, Rs 90 crore and Rs 60 crore of earnings before interest, tax,...
26 Oct, 2021, 03.11 PM IST
Adani Enterprises to acquire Sadbhav Infra’s Maharashtra check post armThe Adani group, through its arm Adani Road Transport, will initially acquire a 49% stake in MBCPNL, with an option to acquire additional s...
16 Aug, 2021, 09.31 PM IST
To add-back or not: How will COVID-19 losses impact valuation in M&A transactions?‘Earnings Before Interest, Tax, Depreciation and Amortization’ or ‘EBITDA’ and its multiple is a common benchmark in M&A and private equity...
10 May, 2020, 01.18 PM IST
Potential payment of past-due fees weighs on Bharti Airtel's credit profile: Moody'sAirtel, Voda Idea and other telcos face as much as Rs 1.47 lakh crore in past liabilities.
02 Dec, 2019, 01.59 PM IST
COAI seeks clear roadmap for resolution of issues plaguing telecom sectorCOAI rued that revenue continues to remain under pressure for the industry saddled with high debt.
02 Apr, 2019, 04.50 PM IST
Apollo Hospitals pharmacy biz hive-off credit neutral: Ind-RaApollo Hospitals Enterprise Ltd (AHEL) had said last month that the move was part of a restructuring exercise.
05 Dec, 2018, 02.29 PM IST
Implications of Indian Accountancy Standard on NBFCsOverall, it’s a welcome change but it comes with lots of challenges to the NBFCs.
30 Jul, 2018, 09.37 PM IST
A new way of recording revenue comes into force: Will it hurt?Ind AS compliant entities will have to now adopt the new Ind AS 115.
04 Apr, 2018, 05.52 PM IST
Reliance Jio reports net profit of Rs 504 crore in Q3EBITDA soared 82.10 per cent quarter-on-quarter to Rs 2,628 crore during the quarter.
19 Jan, 2018, 09.01 PM IST
Moody's upgrades rating outlook for Tata Steel to 'stable'Moody’s also expects Tata Steel to gain in Europe, by far its second largest market by volume.
06 Nov, 2017, 03.56 PM IST
For India's highly leveraged companies, 2016 is closing on a more cheerful noteRCom is still not out of the woods. Ebitda that covered 9.4 years of interest in 2012, is only sufficient for about 8.5 years' worth of pay...
22 Dec, 2016, 04.40 PM IST
Honeywell announces agreement to acquire Elster Division of Melrose IndustriesHoneywell announced that it has signed a definitive agreement to acquire the Elster Division of Melrose Industries, a leading provider of t...
28 Jul, 2015, 05.58 PM IST
Underlying health of some companies not reflected via reported numbers: India Ratings and ResearchThe findings were based on statistical analysis of the quality of financial reporting of large Indian corporates for the period between FY0...
29 Jul, 2014, 07.42 PM IST
Boxers' grit set to be tested as tough CWG challenge beginsOnly Manoj Kumar (64kg) and Olympic bronze-medallist Vijender Singh (75kg) were a part of the super-successful team of the previous edition.
24 Jul, 2014, 04.56 PM IST
Market may remain strong, midcap IT stocks look attractive: Jigar Shah, Kimeng Securities"There is still a lot more in terms of asset quality concerns because we are still not seeing the bottoming out of the GDP."
18 Nov, 2013, 04.46 PM IST
- Public sector banks need Rs 8 lakh cr to meet capital norms
Basel III is the new regulatory framework designed to correct the deficiencies in regulations that led to the global financial crisis.
25 Aug, 2011, 06.22 AM IST