Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.
A survey, with over 3,700 respondents across digital platforms, found that transparent taxation has been one of the most significant initiatives of the government followed by the production-linked incentives (PLI) scheme, equalisation levy and new labour codes.
India's pharmaceuticals and medical devices industries are still hopeful that trade negotiations with the US could cut a fairer deal for both sides, after President Donald Trump announced a 25 per cent tariff rate on India on a social networking platform without divulging the finer details.
Data centres are increasingly becoming a key part of the real estate landscape, as reality firms - with rich expertise in land acquisition, construction and dealing with government approvals - are seeing them as opportunities to build long-term assets with continuous revenue flow.
The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.
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.
According to Grant Thornton's latest Dealtracker report, India Inc announced M&A deals worth $992 million in October, taking the year-to-date tally to $33.6 billion.
India witnessed a record-breaking surge in deal activity in February, with 226 M&A and private equity deals totaling $7.2 billion -- the highest monthly deal volume in the last three years, according to the Dealtracker report of Grant Thornton Bharat. "This represents a 67 per cent increase in volumes and a 5.4-fold increase in values compared to February 2024, while a 14 per cent increase over the previous month," it said.
Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.
The airline shut shop in October 2012.
Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
Foreign companies now pay less tax relative to their earnings than at any time in more than three decades. Foreign private companies paid 24.36 per cent of their pre-tax profit as tax in 2023-24, show numbers from the Centre for Monitoring Indian Economy (CMIE).
Targets should avoid panicking and hang up. 'Disconnecting stops the scammers from building psychological pressure.'
'Given a chance, more than 50 per cent of employees would switch to WFH as opposed to working from office.'
'Players can apply for permission if they want their families to stay longer on tours.' 'The BCCI will make a decision as it sees fit.'
The Indian insurance industry is set to focus on customer-centric technological adoption and expansion into rural areas to drive growth in 2025.
The draft digital personal data protection (DPDP) rules, which require banks to obtain explicit consent from their customers before using their data for purposes beyond the original intent, although is being followed in spirit, leaves no room for regulatory arbitrage, experts said. They said that the potential business impact is difficult to assess at this stage, but the formalisation of these rules will mean banks now need to establish clear data processing agreements with third-party entities to ensure compliance.
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.
Though the total value of merger and acquisition deals in the third quarter this year dropped by 56.25 per cent, there was an increase in the number of transactions, according to the latest issue of Grant Thornton's Dealtracker report.
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.
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.
Employees in Latin America (86%), the Nordic region (84%),North America (79%) and South EastAsia (75%) are most likely to get a pay rise in 2013.
Kapil Paaji and Dhoni Paaji played a round of golf at the Kapil Dev Grant Thornton invitational tournament in Gurugram.
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.
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.
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 country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.
According to global consultancy firm Grant Thornton LLP, most of the US companies are planning to reduce the average cost per employee by reducing various components of their employee's benefit and compensation package.
The old tax regime remains unchanged. 'Taxpayers opting for it will continue to follow the existing slab rates and deductions.'
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.
Corporates are not really expecting a change in the capital gains taxation
Private Equity investment in Q1, 2015 witnessed a year- on-year jump of 30 per cent to $2.6 billion.
Indian businesses have emerged as being the most optimistic about the economy for 2015, with 98 per cent suggesting they are positive about the policies of the new government, way above the global average of 35 per cent, says a report by Grant Thornton.
Indian companies looking for overseas listings should list in new emerging markets, including Sedaq (Singapore), TSV-V (Canada), Nasdaq (the United States) and AIM in the United Kingdom, according to global consultancy firm Grant Thornton.
Brazil, Russia, India and China - popularly known as the BRIC nations - continue to be the hottest destinations for global investors, a new report from consulting firm Grant Thornton said on Wednesday
SFIO is looking into the role of Grant Thornton LLP which had valued the brand.
These "cyber commandos" will be different from personnel at cyber police stations and will work with local administration to tackle cyber threats.
