Grant Thornton
Post many cautious years of M&A and investment activity, India stands at a very important juncture and expects a turnaround in the corporate M&A deals, as the interest in strategic alliances and risk appetites keeps on growing as stated in a report. Again cash companies have started to focus on the investments along with a [...] Continue Reading »
The month of April saw major acquisitions and mergers happening across many indian companies, and to say $6.9 billion which came from forty nine deals, and the big boss Sun Pharma, is a very big deal would be justified. In the market of mergers and acquisitions, there were around forty two deals worth $1.8 billion [...] Continue Reading »
In a recent interview with StartupCentral, CommonFloor CEO Sumit Jain talked about Flat.to — the property listings platform which CommonFloor acquired last week. Flat.to is a property listings platform which focuses primarily on students and single professionals; and its acquisition marks the first takeover for the 2007-founded CommonFloor. With CommonFloor – co-founded by Sumit Jain, [...] Continue Reading »
A website that helps students and bachelors find accommodation, Flat.to, has been acquired by Real-estate portal CommonFloor. The deal signals growing consolidation in India’s consumer internet industry. The deal was finalised last week and includes both cash and stock components. Sumit Jain, cofounder of CommonFloor declined to share the financial details of the transaction. He [...] Continue Reading »
A source says that the Indian Railways has introduced tenders and the land parcel given to the successful bidders on a 45-year lease is expected to collect Rs 2,500-3,000 crore. This land is given for commercial development of 4.3 hectares of a prime land parcel in Bandra (east). The Railway Land Development Authority (RLDA) is [...] Continue Reading »
According to the report, the Indian construction and real estate sector continues to be a favored destination for global investors and businesses. As per the tax and advisory firm, Grant Thornton, the large numbers of people are shifting towards the cities and the interest shown by the buyers to invest in the real estate market will [...] Continue Reading »
