News for '-bhavin-shah'

Budget curtails carry-forward losses for mergers and acquisitions

Budget curtails carry-forward losses for mergers and acquisitions

Rediff.com4 Feb 2025

The Union Budget 2025-26, while promising a new framework for smoother mergers and acquisitions (M&As), has plugged a major loophole on carry-forward losses for a total of eight assessment years between amalgamating company and amalgamated company from the date of loss instead of date of the merger. For all mergers effected on or after April 1, 2025, the losses can be carried forward only for the residuary period (counting from the date of loss).

M&As back in action, up 14% in 1st 9 months

M&As back in action, up 14% in 1st 9 months

Rediff.com9 Oct 2024

After a year of decline, mergers and acquisitions (M&As) in India increased 13.8 per cent, reaching $69.2 billion in the first nine months of 2024, as against $60.8 billion during the same period in 2023. Led by Indian companies and private-equity (PE) firms, 2,301 transactions were signed between January and September this year as compared to 1,855 transactions reported in the same period last year, according to the Bloomberg data.

M&A deals rise 13.5% in '24 so far

M&A deals rise 13.5% in '24 so far

Rediff.com16 Dec 2024

the largest transactions of the year include the merger of Quality Care India and Aster DM Healthcare valued at $5.08 billion, followed by Bharti Enterprises' acquisition of a 24.5 per cent stake in the BT Group at $4.08 billion, and a family settlement transaction in the Godrej family at $3.5 billion.

India Inc to tap pvt credit for new projects: PwC

India Inc to tap pvt credit for new projects: PwC

Rediff.com25 Apr 2024

Private credit is fast emerging as a major source of finance for projects in India as several entrepreneurs are looking for short-term debt to bridge the funding gap due to difference in pricing for equity dilution, top officials at PwC India said. They said while new private equity (PE) investments during the past two years have declined, several public market exits by PEs were observed during that period. Several companies are likely to approach capital markets in the near future to provide liquidity to PE fund investors.

Family offices surge to 300 since 2018 on Tier-II,-III push

Family offices surge to 300 since 2018 on Tier-II,-III push

Rediff.com4 Jul 2024

Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.

Solar energy: Big opportunity for India

Solar energy: Big opportunity for India

Rediff.com3 Feb 2007

It is too late to devote resources to chip manufacturing. India, instead, should explore opportunities in solar energy, where entry barriers are low and end-products are sold like commodity, states a JP Morgan report.

US slowdown will not hit outsourcing

US slowdown will not hit outsourcing

Rediff.com6 Feb 2007

There is lot of potential in chip designing and solar energy going forward

Why RBI said no to NBFCs with funds from Mauritius

Why RBI said no to NBFCs with funds from Mauritius

Rediff.com29 May 2020

The RBI is of the view that it cannot carry out satisfactory due diligence for granting registration because the funding is from a jurisdiction that has been identified by FATF as having weak measures to combat money laundering and terrorist financing.

Why India Inc is not in a hurry to shift to new tax regime

Why India Inc is not in a hurry to shift to new tax regime

Rediff.com17 Oct 2019

Ninety-nine companies, which also include some unlisted ones, have more than Rs 100 crore each of minimum alternate tax credit on their books, cumulatively adding up to Rs 75,000 crore. By utilising MAT credit, many companies will be able to bring down their effective tax cost.

Bad news for those planning to sell shares of Infosys

Bad news for those planning to sell shares of Infosys

Rediff.com12 Sep 2018

After the IT giant declared a bonus, investors selling shares may have to shell out 4-5 times more tax

India top draw for global PE investors

India top draw for global PE investors

Rediff.com22 Aug 2017

PE/VC investments touched a record $11.2 billion in the first half of 2017 against $8 billion in the same period in 2016

Sebi toughens norms for managing liquid MFs

Sebi toughens norms for managing liquid MFs

Rediff.com3 Mar 2019

To make sure liquid schemes reflect the underlying portfolio risks, Sebi has said all debt papers with maturity of 30 days or more to be marked to market. Earlier, fund houses didn't have to do so for securities that had less than 60-day maturity.

LTCG tax: Grandfathering benefits may elude investors

LTCG tax: Grandfathering benefits may elude investors

Rediff.com13 Feb 2018

The tax computation compares the original cost, along with the stock value on January 31, and grants benefit of the higher of the two.

Haven't received your I-T refund? This is what you must do

Haven't received your I-T refund? This is what you must do

Rediff.com5 Jun 2015

Check the status and immediately act on it