Understanding RIL-ONGC Gas Migration Dispute.
The demonetisation and Mistry’s exit from Tata have taken the sheen out of all other recent news, one of which is the slapping of fine of nearly Rs 10,000 crore by…
Impairment Charges – Case of Tata Steel Europe..
Amidst the noise around Cyrus Mistry’s exit from Tata Sons is the issue of potential impairment charges, most notably in Tata Steel Europe. No doubt, Tata Steel paid a heavy price for…
Mistry’s exit from Tata – A disastrous succession…
While the hype surrounding the replacement of Cyrus Mistry as Tata Group chairman seems to have died down, the core issue continues to stare the Group, indeed, the whole of…
Reliance ADAG – In the Middle of Business Realignment..
Reliance Communication is in the middle of a business portfolio realignment with agreement to sell majority stake in its towers business. This, along with its earlier decision to form a JV…
Rosneft-Essar Deal – A New Beginning For Indian Refining Industry..
The buyout of Essar Oil (98% stake) by Rosneft and its partners at a total value of nearly $ 13 bn is a landmark deal which opens up a whole…
ABG Shipyard – Boom to Doom..
The conversion of ABG Shipyard’s preference shares into equity by ICICI Bank yesterday sets the stage for takeover of company by the lenders. The fate of the company is similar…
Tata Group – Reading Cyrus Mistry’s mind..!
Tata Group Chairman, Mr Cyrus Mistry’s statement last week broaching the issue of exiting businesses brings the 150 year old behemoth at a crossroad. The statement seems to mark a shift…
Tata Group – Reading Cyrus Mistry's mind..!
Tata Group Chairman, Mr Cyrus Mistry’s statement last week broaching the issue of exiting businesses brings the 150 year old behemoth at a crossroad. The statement seems to mark a shift…
Consolidation in Industries – What drives it..??
The merger of Reliance Communications with Aircel adds to the list of industries witnessing significant consolidation. Other recent ones are Cement with buy-out of Jaiprakash Associates’ by Ultratech and a number…
Corporate Investment – Is there a turnaround.??
After years of decline, Corporate investment appears to be readying for a take-off as per a report released by RBI. Aggregate loan sanctioned by banks and financial institutions (FIs) during FY16 rose…