The due diligence of Fortis Healthcare has unearthed unpaid vendors' bills of 450 crore, a 503 crore penalty on Fortis Escorts Heart Institute and undisclosed land-related issues at three of its hospitals
2 min read8 Jun 2018Returns may be what you want from an investment, but you need to look at a host of other factors before you go ahead and put money in an investment
4 min read28 Nov 2017The prolonged due diligence for Snapdeal's sale to Flipkart has also held up a separate transaction to sell FreeCharge
2 min read26 Jun 2017The initial agreement in Vodafone-Idea merger is unlikely to spell out the merged entity's shareholding structure because due diligence is still pending
1 min read17 Mar 2017RBI notification comes in wake of people thronging banks to deposit old notes in dormant accounts
1 min read6 Dec 2016As MoS (finance) Jayant Sinha had not only been instrumental in removing several bottlenecks facing AIFs, but also helped bring about a boom in the industry
3 min read20 Jul 2016The Securities and Exchange Board of India has come out with a detailed set of frequently asked questions about the PACL case in multiple languages
1 min read18 Apr 2016Ricoh India has asked Manoj Kumar, CFO Arvind Singhal, and senior vice president and COO Anil Saini to take leave amid an ongoing audit proceeding
1 min read4 Apr 2016Sharp Corp. has said that it is exploring options, including stake sale in its Indian arm, as part of its turnaround strategy
1 min read12 Dec 2015Spat raises questions about roles of all the parties involved and about the quality of Diageo's due diligence
6 min read27 Apr 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared