02 Sep 2017

Facts of the Case The tribunal vide its order dated 23rd Jan 2017 admitted the petition filed by the corporate debtor seeking initiation of the Corporate Insolvency Resolution Process, under sec 10 of the IBC, to appoint Applicant herein as the Interim Resolution professional (IRP). As per section 12 of the IBC, the CIRP period […]

12 Dec 2016

Siemens Limited (Siemens) in the last couple of years done many restructuring with its group entities. It includes multiple mergers of its WoS and slump sale of its businesses to WoS. It is pertinent to note that delisting of the company requires compliance of various SEBI regulations including delisting guidelines (which provides for price discovery […]

04 Jan 2016

SDR (strategic debt restructuring), the new kid, or to say so, whiz-kid to solve NPA problems, improve assets quality of banks and put productive assets in the right hand. The SDR scheme bought ray of hope for stakeholders (like employees, suppliers, customers, government agencies) of a heavily debt-laden companies as well as chance to reduce […]

10 Sep 2015

The Na Mo government last month sought to push the second generation banking reforms, with a heavy dose of capitalization for public sector banks (PSBs) and unleashing a seven-step plan “Indradhanush” for improvement in their health, crippled by bad loans over the years. It’s Rainbow features are:- Appointments: Separating the post of MD and CEO […]

13 Aug 2015

India’s emerging-market champion, Bajaj Auto manufactures and sells motorcycles, scooters and auto rickshaws. It is the world’s sixth-largest manufacturer of motorcycles and the Third-largest in India. It is the world’s largest three-wheeler manufacturer. Particulars Bajaj Auto Ltd Hero MotoCorp Ltd TVS Motors Market Cap (crore) 73,496 53,683 10,620 Sales (crore) 21,106 29,020 10,311 EBIT Margin […]

12 May 2015

In the largest bulk deal on Dalal Street, Japanese pharmaceuticals giant Daiichi Sankyo sold its entire stake in Sun Pharmaceutical Industries for $3.2 billion (about Rs 20,000 crore). The price of share came down to Rs.951 from Rs.1,044. Sun Pharma’s acquisition of Ranbaxy Daiichi was holding 63.41% stake in Ranbaxy. On April 6, 2014, Sun […]

15 Feb 2014

Mergers and acquisitions are a fact of life in today’s highly competitive global business environment. As the jostle for market share continues to drive business into Merger and Acquisitions there has been many failures and successes of the same measure. Some mergers are so successful,  that one cannot remember a time when the two companies […]