Grant Thornton News

News

DHFL case: Auditor unearths another fraudulent transaction of ₹6,182 crore

According to findings of Grant Thornton (GT), these transactions happened over a period of time.

1 min read22 Feb 2021
Companies

Synergy Group yet to inform Jet lenders of its investment plans

There’s been no update from Synergy since its founder Germán Efromovich visited India a few days ago During his visit, Germán Efromovich sought details about Jet’s operations and finances

2 min read26 Sep 2019
Companies

Jan-Mar PE investment deal value touches $8,451 mn: report

69 PE investments worth $6,198 million were recorded in March, says Grant Thornton report Canada’s Brookfield-led India Infrastructure Trust's (InVIT) acquisition of East-West gas pipeline for ₹13,000 crore was the top PE deal of the quarter

1 min read29 Apr 2019
Companies

M&A activities sluggish in Jan-Mar, 33% fall in deal value to $12.5 bn: report

First quarter of 2019 records 110 M&As deals worth $12.5 billion, says a Grant Thornton report The drop in value can be attributed to delays in execution of deals, growing complexity in deal structures and macro-economic factors like upcoming elections, says the report

2 min read17 Apr 2019
Companies

India M&A deal value drops 34% to $1.24 billion in February: Report

44 M&A deals worth $1.24 billion were struck in February 2019 as compared to 40 deals totalling $1.9 billion a year ago Deal activity is seen slowing in the near term as firms will adopt a wait-and-watch approach ahead of the elections

1 min read24 Mar 2019
Companies

Third of IL&FS arm's lending unsecured, inadequately collateralised - report

Grant Thornton was appointed by IL&FS' new board after the Indian government took control last October of the heavily indebted group It was also unusual for IL&FS Financial Services to not have adequate collateral for 21% of the loans outstanding

1 min read5 Mar 2019
Companies

PE investments up 20% at $11.51 billion in Jan-July: Grant Thornton

In July, total 81 PE deals worth $2.1 billion were recorded, says a Grant Thornton report

1 min read17 Aug 2018
Politics

Over 31,000 realty projects under Rera so far, Maharashtra leads race: Report

Out of a total of 35 states and UTs in the country, excluding J&K, just 24 states and UTs have notified Rera rules so far, says a joint report by Ficci and Grant Thornton

1 min read10 Aug 2018
Money

Private equity investments in January-February touch $2.3 billion: Thornton

Investments in start-ups dominated the February deal tally, as this sector contributed 47% of total investment volumes garnering $278 million, says a report

1 min read21 Mar 2018
Companies

India signed M&A deals worth $1.9 billion in February: Grant Thornton

There were 40 M&A deals worth $1,893 million in February, as compared to 32 such deals worth $1,354 million in the year-ago period

1 min read15 Mar 2018