Feb 20, 2017 at 10:00 | Source: Moneycontrol.com
While analysts are comfortably placed with the deals pricing, they have highlighted some challenges such as hit in EBITDA margins, lack of synergies, among others, for Havells that will emerge from this deal.
Feb 19, 2017 at 14:09 | Source: Moneycontrol.com
Havells India today announced the acquisition of consumer durables business of the Lloyds group at an enterprise value of Rs 1,600 crores on a slump sale basis. Havells plans to finance the debt-free, cash-free deal through a mix of debt and internal accruals.
Feb 18, 2017 at 12:52 | Source: PTI
Stating that the company was not averse to acquisitions, Rao said, "We always look for inorganic opportunities if they are available in India. So we continue to look at those options." He further said that JSW Steel needs to maintain its market share of 15 percent if the Indian steel capacity and demand continue to grow.
Feb 17, 2017 at 15:33 | Source: CNBC-TV18
Executive Director Nrupesh Shah expects Symphony to maintain a topline growth of 20-25 percent. The Ahmedabad-based air cooler company last week reported a 17.45 per cent jump in third quarter standalone net profit to Rs 56.06 crore.
Feb 17, 2017 at 10:32 | Source: Moneycontrol.com
The hefty payout to former CFO Rajiv Bansal and the acquisition of Panaya were among the issues raised by the whistleblower.
Feb 16, 2017 at 21:32 | Source: PTI
Telecom operator Bharti Airtel today said that it has completed acquisition of Augere Wireless -- a company which holds one slot of 2,300 Mhz band spectrum in Madhya Pradesh circle.
Feb 16, 2017 at 19:29 | Source: CNBC-TV18
Patrick Nicolet, Member of Group Executive Board believes Capgemini is well-positioned for challenges that may impact the models of IT companies. He said automation remains a key challenge in the current scenario.
Feb 16, 2017 at 18:46 | Source: Moneycontrol.com
There is certainly pressure on IT companies to do their investors a good turn. But the question one needs to ask is whether share buybacks really help the company perform better in the long-term. The answer is a clear no.
Feb 16, 2017 at 16:52 | Source: PTI
The country's firms invested 53.3 billion yuan (USD 7.7 billion) abroad in January, Ministry of Commerce spokesman Sun Jiwen said in a statement posted on its website.
Feb 16, 2017 at 12:30 | Source: CNBC-TV18
CNBC-TV18s Yash Jain caught up with Venkaiah Naidu, Minister of Urban Development spoke on the side-lines of the Momentum Jharkhand Summit, where Naidu spoke about land acquisition and the steps taken by the government towards it.