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FAST TRACK DEMERGERS
Govt notifies wider scope for fast track mergers under Companies ActThe government has broadened the scope of fast track mergers under the Companies Act, 2013, to expedite corporate restructuring, particular...
Speed of doing business for ease of doing business: Streamlining India’s corporate restructuringCorporate restructuring in India is still hampered by NCLT delays, despite reforms aimed at simplifying the process. With over 15,000 cases...
Merge ahead! Govt shifts gears to put fast-track M&As in the express laneBudget 2025 aims to streamline company mergers by expanding the scope and simplifying the fast-track route (FTR). The proposal includes add...
ET Exclusive: Allcargo Logistics announces demerger of ECU Worldwide into separate listed entityThe restructuring started with selling its non-core assets, progressed to giving exits to its partners and acquiring their stakes in busine...
ITC plans Rs 3,000 crore yearly growth push, says Chairman and MD Sanjiv PuriPuri expects the fast-moving consumer goods (FMCG) industry to bounce back by volume sales growth from the next fiscal year, led by rural d...
BEML shares to trade ex-demerger on Thursday; stock rises 2%The company fixed the issuance ratio at 1:1 which means that the eligible shareholders of BEML will get one equity share of newly listed BE...
Govt to fast-track divestment of BEML and SCIThe government is evaluating all prospective candidates and a decision will be taken based on market conditions, the official said, adding ...
NCLT approves transfer of Raymond Apparel biz to parent firm"The NCLT Mumbai Bench has on March 23, 2022 pronounced the order sanctioning the scheme with the appointed date of the scheme as April 1, ...
ITC shares rise ahead of analyst day meeting; FMCG growth plans in focusThe announcement of the meeting last week sent the company’s stock soaring more than 7 per cent and has led to a build-up of palpable excit...
What to expect from tobacco giant ITC’s big analyst day meeting?The announcement of the meeting last week sent the company’s stock soaring more than 7 per cent and has led to a build-up of palpable excit...
Adani Gas gets oil regulator nod for demerger, stake sale to TotalPetroleum and Natural Gas Regulatory Board (PNGRB) had threatened to cancel the 13 city gas distribution licences Adani Gas had won in the ...
Investors bet on Tata Global; new chief, MSCI entry hopes a drawThe company could find a place in MSCI India index by end of February.
Tata’s merged consumer unit can be in MSCI index, says EdelweissEdelweiss sees MSCI including Tata Consumer Products in its benchmark index for the nation.
Emaar India raises Rs 2,500 crore to fast track projectsEmaar India has roped in professionals from DLF, Hiranandani Constructions, Bharti Realty, Lotus Greens, Gulf Petrochem and IREO to fast tr...
Emaar revamps project teamto fast track over 50 projectsApart from project management team, the developer will also be ramping up its labour headcount to 10,000 from current 8,000.
Emaar gives Rs 100 crore contract for commercial project"Emaar India is swiftly moving forward with the sole aim to fast track and deliver all our projects with necessary deployment of resources,...
Emaar MGF MD Shravan Gupta steps downThe management would ensure that the international best practices of Emaar will be implemented in the projects of the company and the quali...