News for 'Grant Thornton India'

India's M&A binge tops $36 billion in just 2 month

India's M&A binge tops $36 billion in just 2 month

Rediff.com12 Mar 2007

India Inc's appetite for mergers and acquisitions has seen total deal value nearly double in just two months of this year to about $37 billion from $20 billion in the entire 2006.

How US tariffs impact Indian IT services cos in near term

How US tariffs impact Indian IT services cos in near term

Rediff.com3 Apr 2025

Export-led Indian IT sector is not directly hit by Trump's tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may then cloud demand from specific verticals, according to some analysts.

WFO Or WFH? The Debate Goes On...

WFO Or WFH? The Debate Goes On...

Rediff.com19 Feb 2025

'Given a chance, more than 50 per cent of employees would switch to WFH as opposed to working from office.'

Insurers to double down on tech, rural expansion for growth in '25

Insurers to double down on tech, rural expansion for growth in '25

Rediff.com10 Jan 2025

The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.

India rises to 2nd spot on global business optimism index

India rises to 2nd spot on global business optimism index

Rediff.com7 Nov 2016

India, which is ranked 2nd in Q3, raced past China where only 30 per cent respondents expect an increase in revenue, whereas in India, 85 per cent respondents have voted in favour of increasing revenue

Kingfisher Airlines' brand valuation under SFIO scanner

Kingfisher Airlines' brand valuation under SFIO scanner

Rediff.com16 Mar 2016

SFIO is looking into the role of Grant Thornton LLP which had valued the brand.

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.

India Inc did M&As, PE deals worth $50 billion in 2014

India Inc did M&As, PE deals worth $50 billion in 2014

Rediff.com28 Jan 2015

The year saw 30 QIP deals raising over $5 billion and 35 IPOs.

Business investments pick up in India

Business investments pick up in India

Rediff.com18 Jul 2012

According to the Grant Thornton International Business Report, 45 per cent of businesses in the BRIC countries (Brazil, Russia, India and China) plan to increase investment in research and development over the next year, compared to just 18 per cent in the G7.

India Inc's M&A, PE deals hit $60.5 bn in 2017

India Inc's M&A, PE deals hit $60.5 bn in 2017

Rediff.com28 Jan 2018

Tech sectors, including start-ups and IT & ITeS, witnessed the highest consolidation, capturing over 40 per cent of volumes

Are family businesses doomed to split?

Are family businesses doomed to split?

Rediff.com23 May 2007

Since families multiply much faster than the number of businesses, after a point, there just aren't enough independent firms for each member to run.

Q4 PE investment deal value touches $8,451 mn

Q4 PE investment deal value touches $8,451 mn

Rediff.com29 Apr 2019

A sector-wise analysis shows that a total of five PE transactions in the energy and natural resources sector led the value chart.

India Inc strikes deals worth nearly $27 bn in Jan-Nov

India Inc strikes deals worth nearly $27 bn in Jan-Nov

Rediff.com11 Dec 2013

According to assurance, tax and advisory firm Grant Thornton, corporates in the country announced 458 deals in the January-November period amounting to $26.76 billion.

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

LIC earmarks Rs 600 crore for digital shift; to be 'paperless' in 2 years

Rediff.com19 Sep 2024

State-run Life Insurance Corporation of India (LIC) has committed Rs 600 crore for its digital transformation journey, Sunder Krishnan, chief risk officer said on Wednesday. The insurance giant is also aiming to become completely "paperless" in two years. "We have hired a large system integrator for more than Rs 400 crore, a consultant for digital transformation for Rs 100 crore, and Rs 100 crore for agency transformation.

India did $32.6 bn M&A deals this year; infra high on the list

India did $32.6 bn M&A deals this year; infra high on the list

Rediff.com18 Sep 2014

In the corresponding period of the last year, there were 614 deals worth $ 27.7 billion.

India Inc's mergers touch $2.5bn in Jan

India Inc's mergers touch $2.5bn in Jan

Rediff.com16 Feb 2010

India Inc's mergers and acquisitions saw a significant upturn in January with the total deal size touching a $2.5 billion, jumping a massive 42 per cent over the same period last year.

Citi joins list of foreign banks scaling down India ops

Citi joins list of foreign banks scaling down India ops

Rediff.com1 Mar 2023

Citibank on Wednesday joined the list of foreign banks that have exited retail banking business in India. Mumbai-based Axis Bank completed acquisition of Citigroup's consumer business for Rs 11,603 crore. Under the deal, Axis acquired consumer banking businesses of Citibank India, which includes credit cards, retail banking, wealth management and consumer loans.

India Inc's M&A deal tally at $42 bn

India Inc's M&A deal tally at $42 bn

Rediff.com7 Oct 2010

Though the number of merger and acquisition deals in the country more than doubled in the month of September, from 23 to 57, the total deal value remained more or less the same.

The bright side of India's bad-debt witch hunt

The bright side of India's bad-debt witch hunt

Rediff.com16 Mar 2016

India's investigating agencies have in the past made a lot of noise about probes that resulted in few convictions

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).

6 out of 10 cos adopted WFH policy post Covid relaxations

6 out of 10 cos adopted WFH policy post Covid relaxations

Rediff.com29 Nov 2021

As the pandemic pushed employers to explore and adapt new ways to stay in the business, a survey has revealed that 6 out of 10 organisations have adopted 'work from home' policy post Covid-19 relaxations. Over 65 per cent of the employers have either introduced 'work from home' as a policy or are evaluating the same reflecting a maturity and the confidence in their employees, according to a survey by Grant Thornton Bharat. The survey was conducted online by Grant Thornton Bharat among 4,650 respondents across social media platforms.

India Inc strikes 113 PE deals worth $2.1 bn in Q2

India Inc strikes 113 PE deals worth $2.1 bn in Q2

Rediff.com20 Oct 2013

Grant Thornton reports says total value of deals in 2013 crosses $8 bn, up 34% from the year-ago period, momentum likely to continue

Budget: What India Inc expects

Budget: What India Inc expects

Rediff.com9 Feb 2007

Corporates are not really expecting a change in the capital gains taxation

Big-ticket PE investments take Jan-Aug deal tally to $13.8 bn

Big-ticket PE investments take Jan-Aug deal tally to $13.8 bn

Rediff.com20 Sep 2017

Sectors which attracted big-ticket investments were real estate, energy, banking and start-ups

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.

When Kapil Dev, M S Dhoni Played Golf

When Kapil Dev, M S Dhoni Played Golf

Rediff.com3 Oct 2022

Kapil Paaji and Dhoni Paaji played a round of golf at the Kapil Dev Grant Thornton invitational tournament in Gurugram.

Mystery thickens in Zee fund diversion case amid reports of accounting hole

Mystery thickens in Zee fund diversion case amid reports of accounting hole

Rediff.com29 Feb 2024

The mystery surrounding the alleged fund diversion from Zee Entertainment Enterprises (Zee) by founders Subhash Chandra and Punit Goenka has thickened with speculations of an amount multiple times higher than that cited by the ex-parte interim order passed by the Securities and Exchange Board of India (Sebi) dated June 12, 2023. While Zee shares witnessed a fresh selloff on Wednesday, news reports of accounting fraud left investors guessing about the hole in the media broadcaster's books. An order by the Securities Appellate Tribunal (SAT) in October 2023 had clearly hinted that Sebi's investigation had found a deeper rout.

Cyber commando unit on home ministry's 100-day agenda

Cyber commando unit on home ministry's 100-day agenda

Rediff.com25 Jun 2024

These "cyber commandos" will be different from personnel at cyber police stations and will work with local administration to tackle cyber threats.

India Inc high on optimism for 2003

India Inc high on optimism for 2003

Rediff.com12 Dec 2002

Want To Invest In Pharma & Healthcare?

Want To Invest In Pharma & Healthcare?

Rediff.com5 Nov 2024

'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'

Kapil Dev swings into golf leadership: Takes over PGTI

Kapil Dev swings into golf leadership: Takes over PGTI

Rediff.com26 Jun 2024

Kapil is known to be a keen golfer, whose handicap was almost down to scratch at one time.

M&A, PE deals by Indian cos surged 26% in 2014

M&A, PE deals by Indian cos surged 26% in 2014

Rediff.com28 Dec 2014

The trend is expected to remain bullish in 2015, global consultancy Grant Thornton said

Don't keep so much hope that people end up with broken hearts: Kapil Dev

Don't keep so much hope that people end up with broken hearts: Kapil Dev

Rediff.com28 Nov 2023

Excess hype often leads to broken hearts and hence it is always necessary to strike a balance, legendary Kapil Dev said on Tuesday in context of India's six-wicket defeat at the hands of Australia in the World Cup final earlier this month.

Flipkart tops PE investments in July-Sep

Flipkart tops PE investments in July-Sep

Rediff.com27 Oct 2014

PE investment so far in 2014 stood higher at $ 8.4 billion as against $ 7.8 billion in 2013, with 38 per cent higher volumes in 2014 as compared to 2013, led by the technology sector.

PE deals' valuation surged to $1.8 bn in May

PE deals' valuation surged to $1.8 bn in May

Rediff.com17 Jun 2013

This was mostly driven by Qatar Foundation Endowment's $1.26 billion investment in Bharti Airtel.

Deloitte, too, refuses to offer non-audit services to clients

Deloitte, too, refuses to offer non-audit services to clients

Rediff.com17 Feb 2020

Deloitte India would not provide non-audit services to all listed companies and other entities where public money is involved such as banks and insurance companies, if they are its audit clients.

2010: Good for job seekers, but not for pay hike

2010: Good for job seekers, but not for pay hike

Rediff.com25 Feb 2010

Majority of privately held businesses in India are optimistic about their hiring plans this year, but prospects of staff benefits like pay hikes are not so bullish, a study said.

Maruti to talk CBG production expansion with Centre: Suzuki Motor

Maruti to talk CBG production expansion with Centre: Suzuki Motor

Rediff.com22 Aug 2024

Maruti Suzuki India (MSIL) will hold discussions with the Centre and state governments on how the production of compressed biogas (CBG), which can be used in vehicles that run on compressed natural gas (CNG), can be expanded in the country, its majority shareholder Suzuki Motor Corporation (SMC) said. The demand for CNG vehicles has been rising significantly in the country. MSIL sold 145,000 CNG vehicles in the first quarter of 2024-25, marking a 28.3 per cent year-on-year (Y-o-Y) growth.

BCCI's high-stakes media rights deal set to conclude in August

BCCI's high-stakes media rights deal set to conclude in August

Rediff.com8 Jul 2023

BCCI to lock in broadcast deal by August-end before series against Australia; Afghanistan ODIs moved to January

Total M&A, PE deals value drops 13% to $ 9,788 million in July

Total M&A, PE deals value drops 13% to $ 9,788 million in July

Rediff.com30 Aug 2019

On the volume side, the number of M&A and PE deals was 110 in July, 15 per cent lower from 130 in July 2018.