Due Diligence News

India's Tata Group begins due diligence to buy Jet Airways

India's Tata Group begins due diligence to buy Jet Airways

After posting weak third-quarter results, India's second-largest airline Jet Airways is reportedly in talks with Tata Group, which had earlier expressed interest in buying the troubled airline. The Tata Group is said to be conducting due diligence of ...

Defence procurement happening speedily but with 'due diligence intact', says Sitharaman

Defence procurement happening speedily but with 'due diligence intact', says Sitharaman

NEW DELHI: Defence procurement has been simplified and is happening speedily but with "due diligence intact", defence minister Nirmala Sitharaman said on Thursday amid a raging row over the Rafale fighter jet deal with France. Addressing domestic ...

Three companies begin due diligence on GlaxoSmithKline's India nutrition business

Three companies begin due diligence on GlaxoSmithKline's India nutrition business

NEW DELHI | MUMBAI: Consumer goods maker Unilever, Nestle and Coca-Cola have begun due diligence on GlaxoSmithKline Consumer's Indian nutrition business, which includes malt beverage drinks Horlicks and Boost, and is estimated to be worth ...and more »

Binny Bansal's departure puts disclosure policies in focus

Binny Bansal's departure puts disclosure policies in focus

Binny Bansal's inglorious exit from Flipkart is likely to make Indian companies sit up and take stock of policies on disclosure, including on the personal matters of promoters and senior executives and particularly during any due diligence, say experts.

India revives its dream of manufacturing passenger aircraft

India revives its dream of manufacturing passenger aircraft

That could propel the government into a turbulent zone. Already, the partnership of Dassault Aviation and the novice in the field, Anil Ambani-led Reliance Defence, in the Rafale fighter jets deal has become a political hot potato. “We will follow due ...

Defence procurement has simplified, happening with due diligence intact and speedily: Nirmala Sitharaman

Defence procurement has simplified, happening with due diligence intact and speedily: Nirmala Sitharaman

On Thursday, Defence Minister Nirmala Sitharaman said that defence procurement process has been simplified and the procurement is happening with due diligence and speedily. She also urged Indian manufacturers to produce quality products for defence ...and more »

Welcome Home

Welcome Home

“While the current situation is on its way towards improvement in the GCC, this provides NRIs with the perfect opportunity to explore options back home due to improved measures that were taken by the Indian government to reform and regulate the real ...

No offer yet, but we're interested in Jet Airways: Tatas

No offer yet, but we're interested in Jet Airways: Tatas

... to seek a premium to relinquish control, Etihad too may seek a premium to sell its stake in the Jet Airways,” the second person added. Mint reported on 13 November that an in-house team of Tata Sons is conducting due diligence of Jet Airways (India ...

Can NBFCs be saved?

Can NBFCs be saved?

The crisis in India's NBFCs, triggered by the IL&FS debacle, has taken centrestage in the economic debate even as the tussle between the Union government and the Reserve Bank of India (RBI) on a host of issues, including refinancing for NBFCs, is ...and more »

Tatas confirm talks with Jet, but board meet inconclusive

Tatas confirm talks with Jet, but board meet inconclusive

MUMBAI: About a month after TOI broke the story about the Tatas being in talks with Naresh Goyal + to acquire a stake in Jet Airways, which he'd founded 25 years ago, India's largest conglomerate on Friday publicly acknowledged for the first time that ...