Due Diligence News

OMR raises ₹244 crore from Kotak India to set up mall in Chennai

OMR raises ₹244 crore from Kotak India to set up mall in Chennai

We also place on record our appreciation for the team at ICSRE for their professional approach and helping us in developing the investment thesis, transaction structuring and eventually hand-holding the due diligence and documentation process.” ...

Buyers click-start social protest #NoHouseNoEMI

Buyers click-start social protest #NoHouseNoEMI

Just as the banks are holding the builders responsible for no-payment, we are also holding them responsible for not executing due diligence while approving projects," Indrish Gupta, co-founder Nefowa added. "This festive season we want to mark by ...

India: Pharma M&A deals dip to 5-year low in 2017 amid tough ...

India: Pharma M&A deals dip to 5-year low in 2017 amid tough ...

The volume and value of M&As in the pharma space so far this year is the lowest in the last five years, as per Grant Thornton data.and more »

FSSAI initiative to collect, distribute surplus food to needy

FSSAI initiative to collect, distribute surplus food to needy

The Food Safety and Standards Authority of India (FSSAI) introduced its new initiative 'Indian Food Recovery Alliance' (IFRA) -- a coalition of food recovery partners. ... Food recovery agencies will ensure proper distribution after reasonable due ...and more »

Goldman Sachs may acquire Yoho; Resurgent Power, Edelweiss eye Jaiprakash Power

Goldman Sachs may acquire Yoho; Resurgent Power, Edelweiss eye Jaiprakash Power

American investment banking major Goldman Sachs is set to buy a 74% stake in Yoho, the student housing arm of Manipal Education and Medical Group India Pvt. Ltd, for Rs 350 crore ($54 million), The Times of India reported. Yoho, which builds, owns and ...and more »

StanChart opens India client support facility

StanChart opens India client support facility

Standard Chartered Bank on Tuesday opened its global business services centre in Bengaluru to deliver support, client due diligence and advisory services for corporate and institutional banking customers using technologies in data, robotics and ...

FSSAI launches Indian Food Recovery Alliance at Nutrition Security meet

FSSAI launches Indian Food Recovery Alliance at Nutrition Security meet

Following the pilot study, the main platform and mobile applications will be accessible for the registered people to donate food through online communication with food recovery agencies that will ensure proper distribution after reasonable due diligence.and more »

Undue process

Undue process

The Aarushi murder case, which absorbed the nation quite interminably, became a parable of modern life in India, from which everyone who had a voice — the TV anchors shouted the loudest — read his or her interpretation of what was wrong with Indian ...and more »

Tata Group in talks to acquire Bharti Airtel's DTH business: Sources

Tata Group in talks to acquire Bharti Airtel's DTH business: Sources

The talks have entered due diligence stage and would take at least a couple of months before being finalised. If the deal goes through, then the combined entity will be the largest player in the Indian DTH space with a market share of 44 percent. Tata ...and more »

Adani Carmichael coal mine: Former Indian minister sounds alarm on Adani's track record, mega-mine's viability

Adani Carmichael coal mine: Former Indian minister sounds alarm on Adani's track record, mega-mine's viability

Mr Ramesh, an elder statesman of India's opposition Congress Party, also said the Federal Government and Queensland Government have failed to do adequate due diligence on Adani Group's environmental and financial conduct in India before granting ...