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  • Indian real estate sees deals worth $1.56 bn in Apr-Jun; up nearly 8-fold from Q1: Grant Thornton

    In its report 'Real Estate/REITs Dealtracker-Providing M&A and PE deal insights, consulting firm Grant Thornton Bharat mentioned that Indian real estate market witnessed 19 deals valued at USD 1.56 billion during the second quarter of this calendar year.

  • Fluctuating work models led to decline in women's representation in leadership roles: Report

    Fluctuating work models led to decline in women's representation in leadership roles: Report

    At present, 34 percent women in Indian mid-market businesses hold Senior Management positions, signifying a modest decline from 2023 (36 percent) and 2022 (38 percent).

  • Deals fall 41% to $2.16 billion in October; Middle East conflict can impact activity: Grant Thornton

    Deals fall 41% to $2.16 billion in October; Middle East conflict can impact activity: Grant Thornton

    When compared by number of deals, the overall volumes went up to 122 deals in October from 107 in the preceding September, as per the report by Grant Thornton Bharat.

  • Adani calls reports of hiring Grant Thornton for independent audit as 'market rumour'

    Adani calls reports of hiring Grant Thornton for independent audit as 'market rumour'

    The appointment marks the first major effort by Adani Group to defend itself in the wake of a January 24 report by Hindenburg that accused it of improper use of offshore tax havens and stock manipulation

  • Deal flow declines 42% in volume in October, expected to pick up in first quarter of next year: Prashant Mehra of Grant Thornton Bharat

    Deal flow declines 42% in volume in October, expected to pick up in first quarter of next year: Prashant Mehra of Grant Thornton Bharat

    There are a lot of incoming deals and deal closures in the month of November, claimed Mehra. However, October has the slowest month in terms of deal volumes in CY22.

  • Dealmaking activity severely hit in September quarter; down 66% by value: Grant Thornton

    Dealmaking activity severely hit in September quarter; down 66% by value: Grant Thornton

    By volumes, the deals were down by 25 per cent to 450 transactions during the quarter, as against 600 in the year-ago period and 317 in 2020, the report by Grant Thornton Bharat, a consultancy firm, said.

  • Indian auto component industry seeks to widen revenue streams with EV projects

    Indian auto component industry seeks to widen revenue streams with EV projects

    Auto parts makers are looking at everything from motors and controllers to battery management systems, chargers and charging systems, and remote diagnostics.

  • DHFL auditor Grant Thornton finds another fraud of Rs 1,424 crore

    DHFL auditor Grant Thornton finds another fraud of Rs 1,424 crore

    The administrator of the company received an initial report from the transaction Auditor, indicating that there are certain transactions which are undervalued, fraudulent and preferential in nature, DHFL said in a regulatory filing.

  • 71% of India Inc optimistic about economic recovery in 2021, higher than global average

    71% of India Inc optimistic about economic recovery in 2021, higher than global average

    Among Indian business leaders, 65 percent are expecting a growth in exports in 2021, a Grant Thornton report has stated.

  • Transparency, good governance never fail an entrepreneur: S Viswanatha Prasad of Caspian Debt

    Transparency, good governance never fail an entrepreneur: S Viswanatha Prasad of Caspian Debt

    Viswanatha Prasad has been solving issues with access of finance for SMEs in India

  • Moneycontrol & CommsCredible collaborate with Grant Thornton Bharat to power their Faces of Vibrant Bharat Initiative

    Moneycontrol & CommsCredible collaborate with Grant Thornton Bharat to power their Faces of Vibrant Bharat Initiative

    FoVB acknowledges and applauds the outstanding work done by socially aware organisations, which are at the forefront of change, making a tangible impact

  • Prabhat Dairy and the curious case of what happened to Rs 1,300 crore

    Prabhat Dairy and the curious case of what happened to Rs 1,300 crore

    SEBI has passed an order on October 21, 2020, against the company asking it to deposit Rs 1,292.46 crore in an escrow account in a nationalized bank within seven working days

  • DHFL case: Auditor Grant Thornton reports fraudulent transactions worth Rs 2,150 crore

    DHFL case: Auditor Grant Thornton reports fraudulent transactions worth Rs 2,150 crore

    According to the auditor's report, the Rs 2,150.84 crore-fraud was in relation to the undervalued and fraudulent nature of certain agreements entered into by the DHFL when the company sold its stake in Pramerica Life Insurance Ltd to DHFL Investments Ltd (DIL), as per a regulatory filing.

  • DHFL case: Auditor Grant Thornton flags fraudulent transactions worth Rs 12,705 crore

    DHFL case: Auditor Grant Thornton flags fraudulent transactions worth Rs 12,705 crore

    The entire amount mentioned above along with interest for the remaining period is claimed through the application filed with the NCLT, it added.

  • M&A deals number jumps 75% in November; value plunges 48%: Report

    M&A deals number jumps 75% in November; value plunges 48%: Report

    Total M&A deals in volume terms were 49 last month against 28 transactions in the same month of last year, the report said.

  • Private equity investments in July-September quarter rise despite sluggish deal sentiments: Report

    Private equity investments in July-September quarter rise despite sluggish deal sentiments: Report

    According to Grant Thornton's quarterly PE Dealtracker, the July-September quarter saw 211 PE deals worth $9,613 million, while in the corresponding period last year there were 216 such transactions worth $5,202 million.

  • PE investment in India rises 59% in August on high value investments

    PE investment in India rises 59% in August on high value investments

    In terms of volume, PE deals stood at 69 in August this year against 67 in the year-ago month, a decline of 3 per cent, the report said.

  • July M&A value dips 52.7% to $4.3 billion amid global trade tensions: Report

    July M&A value dips 52.7% to $4.3 billion amid global trade tensions: Report

    According to Grant Thornton's monthly M&A Dealtracker, as many as 39 deals worth $4.3 billion were reported in July against 49 transactions worth $9.1 billion in the year-ago period.

  • India Inc's deal activity fell 57% to $32 bn in January-June this year: Grant Thornton

    India Inc's deal activity fell 57% to $32 bn in January-June this year: Grant Thornton

    Distressed assets deals cornered the maximum share in the M&A space, the report said adding that the Insolvency and Bankruptcy Code (IBC) along with supportive regulations will make this space a pacesetter in the coming years.

  • India Ratings defends rating process; says Fitch Singapore executive no longer employed

    India Ratings defends rating process; says Fitch Singapore executive no longer employed

    The audit has also flagged attempts by the erstwhile top management of IL&FS to influence the ratings including by extending favours and gifts, and also by pressure tactics like threats to move to another agency.

  • Grant Thornton audit report reveals how rating agencies played along even as IL&FS time bomb ticked

    Grant Thornton audit report reveals how rating agencies played along even as IL&FS time bomb ticked

    Read the forensic audit report that details the extent of the manipulation by IL&FS and credit rating agencies to hide troubles at the infrastructure financier.

  • Grant Thornton submits forensic audit to IL&FS mgmt

    Grant Thornton submits forensic audit to IL&FS mgmt

    The audit evaluated the role of the various credit rating agencies on various debt instruments and facilitating excessive borrowings from money markets across group companies that eventually led to defaults.

  • Exclusive: IL&FS' final audit complete, exposes web of corruption, shady loans

    Exclusive: IL&FS' final audit complete, exposes web of corruption, shady loans

    Moneycontrol has seen the final Grant Thornton report, which exposes evergreening of loans, loans given without proper collateral and other malpractices.

  • M&A deal value drops 34% to $1.24 billion in February

    M&A deal value drops 34% to $1.24 billion in February

    Leading consultancy Grant Thornton's report showed that number of M&A transactions last month rose marginally to 44 last month whereas the same was at 40 in February 2018.

  • IL&FS saga: ED not convinced with findings of Grant Thornton report

    IL&FS saga: ED not convinced with findings of Grant Thornton report

    According to the ED, the audit report only sheds light on some transactions but an in-depth forensic report is missing.

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