The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.
SFIO is looking into the role of Grant Thornton LLP which had valued the brand.
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.
These "cyber commandos" will be different from personnel at cyber police stations and will work with local administration to tackle cyber threats.
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.
Financial creditors shall submit their claims with proof by electronic means only, resolution professional Ashish Chhawchharia of Grant Thornton said in a public notice.
BCCI to lock in broadcast deal by August-end before series against Australia; Afghanistan ODIs moved to January
'Once filed, it cannot be revised or rectified.'
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).
Kapil is known to be a keen golfer, whose handicap was almost down to scratch at one time.
Let's take a look some countries that are best when it comes to growing business.
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.
'A long-term investor with a 4 to 5 year horizon could invest in this theme via SIPs.'
This pertains to certain irregularities in loan disbursements towards the development of two Slum Rehabilitation Authority projects undertaken by the company in the past.
A sector-wise analysis shows that a total of five PE transactions in the energy and natural resources sector led the value chart.
According to a study by Grant Thornton International, 92 per cent of companies surveyed around the world rated Finland as the country which provides the maximum flexibility at work.
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.
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
The deepening funding winter that the startups face and the near dry-up of IPOs singed the deal street as the total value of deals plunged by 60 per cent to $1.8 billion in February, shows an analysis. According to Grant Thornton, the industry saw just 89 deals worth $1.8 billion in February, which is 60 per cent lower than the year ago period in value terms and down by 54 per cent year-on-year in volume as investors continued to tread cautiously amid macroeconomic uncertainties. This is the second-lowest deal volume and the lowest value since 2014.
The trend is expected to remain bullish in 2015, global consultancy Grant Thornton said
Sectors which attracted big-ticket investments were real estate, energy, banking and start-ups
Indian businesses strongly support greater shareholder involvement in setting CEO compensation and would rather opt for a more transparent machinery.
Globally, 69 per cent businesses plan to finance their growth through retained earnings, followed by bank finance at 59 per cent.
The United States has failed to make it among the world's top ten dynamic nations.
The representation of Indian women in senior company positions remains a cause of concern at 14 per cent, below the global average.
The data was drawn from interviews with 3,500 senior executives across industry sectors and was conducted between November and December 2013.
Corporates are adopting cleantech products and technologies largely motivated by the need to reduce cost and increase profitability and not because of environmental concerns, says a survey.
Majority says that candidates lack technical skills they seek.
Tech sectors, including start-ups and IT & ITeS, witnessed the highest consolidation, capturing over 40 per cent of volumes
There has been 'a slowdown' in workplace stress in the country, as the businesses are adjusting to more realistic performance goals, a survey by the advisory firm Grant Thornton says.
The findings of the Grant Thornton International Business Report come ahead of the ceremony tomorrow of the 2012 Olympic Games in London.
Following the SGM in Ahmedabad, BCCI secretary Jay Shah said the World Cup schedule is expected to be announced during the WTC Final.
Private equity deal activities in the first quarter of 2013 fell by 39 per cent to $1.29 billion, amid a sluggish global and domestic economic environment, says a report.
According to the Grant Thornton International Business Report, a quarterly survey of more than 3,000 businesses in 44 countries, India is one of the top 10 countries that plan to increase hirings.
While 83 per cent of respondents do not expect major changes in the corporate taxation rates, they expect increase on the limits of tax savings investments especially linked to housing loan and principal repayments, the survey says.
In MArch PE investment continued to show an uptrend.
Corporate India's deal activity in the period between January till March this year was better than last year.
