Press releases
2014
- Retail is the single biggest opportunity in the mid to long term
- Europe Joins India In Audit Reform
- When the BOOT pinches
- Sales that return to haunt the book-keeper
- For the right kind of ‘prudence’
- How well do you know the company you’re after?
- A fine balancing act
- Tread cautiously on the guarantee path
- Limitation of benefits clause: Indo-Mauritius tax treaty
- Plugging the TDS loophole on payments abroad
- Auditors must plan audits differently
- India Inc. optimistic about growth, economy in 2014
- India slips from top to 8th spot in global business optimism index: Survey
- India slips from top to 8th spot in biz optimism
- Indian M&A should perk up post elections: Grant Thornton
- Business leaders welcome increased focus on transfer pricing clarity
- 50% Indian businesses believe their successors will be appointed from within the business
- Support for quotas grows as proportion of women in senior business roles stagnates
- Grant Thornton named ‘Best managed international firm’
- Dynastic Politics: Do family members have a clear advantage?
- New Rules for Auditors Issued by Govt
- Govt makes rotation of auditors mandatory
- Auditor rotation must for select unlisted public, private companies
- Minority shareholders can block special resolutions
- Digital Evolution – Meeting challenges of a new paradigm
- Related-party deals tie firms in knots
- Grant Thornton in India appoints Vidya Rajarao as Partner and National Leader to lead its Forensic Services practice
- Indian business optimism at its highest since 2010: Grant Thornton
- Deal Tracker Q1 2014
- The Audit Revolution: Mandatory Firm Rotation
- M&A deals value at $16.3 bn in January-May this year – Grant Thornton
- Indian companies may see 20-year bull run in US
- ‘Growing communities: How charity leaders govern social media globally to thrive online’
- No Roadmap Announced But Opportunity Not Lost Yet!
- Smart cities, a necessity
- Column: Fix internal financial control issues fast
- PE investment activity in July jumps to $1.85 bn: Thornton
- Product development and innovation top concerns for F&B industry: Report
- Learning and Development at workplace: Changing Paradigms, Emerging Trends
- Now, an anonymous platform for tip-offs on market manipulation
- Venture capitalists put $1 billion into early-stage projects in 2014 on back of rising ecommerce deals
- Can online discount sales create a lasting impact?
- Government to bring clarity on internal financial controls
- Kishore Biyani hopes to get third-time lucky with Amazon tie-up
- Auditors get another year for internal financial controls reporting
- Citibank and SBI experimenting human-less digital banking experience at the mall
- Flipkart looks to restructure team, plans to make marketplace more effective
- Flipkart looks to restructure team, plans to make marketplace more effective
- India Inc Shying Away from New Investments
- Warburg glitter for Kalyan Jewellers
- Should a departing leader poach his employees?
- Exchanges plan stake sales in depository arms
- Season for private equity exits via IPOs
- PE investments during January-September touch $8.4 billion: Report
- PE investments during January-September touch $8.4 billion: Report
- PE investments touch $3.1 bn in July-September quarter: Grant Thornton
- SoftBank picks up stake in Snapdeal, Ola
- Companies Act will require lesser regulatory interventions, says Govt
- $250b power push on the cards
- Chinese companies eye India’s growing mobile Internet users
- Laws that regulate black money in India
- Private equity deals pick up pace in 2014
- Conglomerates on the lookout for distressed power assets
- Centre may ease overseas flight norms
- Snapdeal, Amazon no match for Alibaba on sale day; Chinese e-commerce giant clocks $1 bn in 20 minutes
- The business of shutting shop gracefully | Ensuring smooth closure a big task
- Top private equity firms step up India investments
- PE and foreign funds rush to agri-logistics
- Do we really care for our women staff?
- Shell wins transfer-pricing tax dispute in Bombay HC
- Startups backed by Ratan Tata, Narayana Murthy and Azim Premji win easy publicity and credibility
- Sebi tightens insider trading, listing rules
- Kotak-ING merger opens the door for more consolidation
- Can India keep its flag high?
- M&A deal tally at $29 bn till Oct, up 23%
- Ascent Capital-backed hospital acquires Al Shifa
- Govt guidelines to clarify ‘arm’s length’, ‘ordinary course of business’ definitions
- Making the company law work
- Power play: Private players plug into the M&A route to scale up
- Domestic i-banks increase focus on e-commerce
- Governance practices improving in India Inc: Grant Thornton
- ‘Corporate governance better, women representation still abysmal’
- Companies tweaking staff contracts to manage whistle-blowers
- Reliance Games looks to sell 26% stake to international gaming firms
- M&A Buzz in Auditing as New Cos’ Act Makes Smaller Firms Takeover Targets
- How should firms deal with a ban|Manage the crisis efficiently: Vishesh Chandiok
- Cos Act Amendment Bill practical, easy to implement: Yogesh Sharma
- Housing.com Raises $90m from Japan’s SoftBank
- Lok Sabha clears changes to Companies Act to improve business climate
- Cabinet clears GST Bill, may be presented in Parl soon
- Private equities bring $11 bn to India in 2014
- Heady year for e-commerce
- Insurance reforms to bring in foreign investment: Industry
- When law takes effect | Conversion of CSR benefits never so challenging: Rajib Kumar Debnath
- Domestic M&As surge to a four-year high in 2014
- M-commerce will drive online shopping in 2015
Govt guidelines to clarify ‘arm’s length’, ‘ordinary course of business’ definitions
“After understanding the significance of these two terms for our industry, we have decided to bring fresh guidelines,” said a senior government official who did not wish to be named. “We will try to bring those as soon as possible.” In the new Companies Act, the terms “arm’s length basis” or “arm’s length’s transaction” are introduced only in connection with “related-party transactions”.
Ascent Capital-backed hospital acquires Al Shifa
Kerala Institute of Medical Sciences (KIMS), backed by Bengaluru-based private equity fund Ascent Capital and Orbimed, has acquired a majority stake in Al Shifa Hospital for an enterprise value of Rs 300 crore, making this amongst the largest health care acquisitions in Kerala.
M&A deal tally at $29 bn till Oct, up 23%
A rebound in investor sentiment has pushed up M&A activity in India this year to USD 29 billion, up 22.58 per cent, says a Grant Thornton report.
Can India keep its flag high?
Investor-friendly provisions in the new Companies Act and changes in the methodology to weigh investor protection drove India’s surprise jump in this year’s investor protection indicators in Doing Business 2015: Going Beyond Efficiency, a report published by World Bank in October.
Kotak-ING merger opens the door for more consolidation
The marriage between Kotak Mahindra Bank and ING Vysya Bank has opened up the potential for more consolidation, especially of smaller banks in the private segment, which at present constitute a miniscule percentage in the banking sector.
Sebi tightens insider trading, listing rules
The board of Securities and Exchange Board of India (Sebi) on Wednesday tightened the insider trading rules, eased delisting norms, cleared a new set of listing regulations and imposed restrictions on wilful defaulters, prohibiting them from accessing the capital market.
Startups backed by Ratan Tata, Narayana Murthy and Azim Premji win easy publicity and credibility
Online jewellery retailer Bluestone’s co-founder Gaurav Singh Kushwaha noticed a marked difference among potential employees when he interviewed a few aspirants recently.
Shell wins transfer-pricing tax dispute in Bombay HC
The Bombay High Court ruled in favour of Shell in a transfer-pricing order that sought to tax the energy giant’s 2009 investment in its Indian subsidiary. The order will have an impact on other multinationals fighting the tax department on similar grounds.
Do we really care for our women staff?
An inexperienced HR manager asks on a legal networking site: Is my IT company a factory? A factory — a manufacturing entity having the specified number of workforce — has to provide a crèche facility for its women employees. She was concerned, as space for a crèche could not be carved out in the high-end office complex where the company was based. Distributing cupcakes on Women’s Day won’t bridge the gender gap. Concrete practical measures alone will help.
PE and foreign funds rush to agri-logistics
Private equity players and foreign funds have been showing strong interest in the infrastructure and logistics space in the six months since the new government came to power.