GireeshChandraPrasad
Stories by GireeshChandraPrasad
What new FDI guidelines mean for the Indian e-commerce ecosystem
The guidelines that will come to effect from February are stricter in nature, causing companies such as Amazon India and Flipkart to go back to the dr
India to introduce new e-commerce policy, mulls appointing a regulator
The government recently announced new rules to bar online retailers from selling products of companies in which they own stakes.
Flipkart, Amazon hit as Indian govt tightens e-commerce norms
Revised norms come against complaints by traders on deep discounts offered by Flipkart & Amazon
Indian govt provides some relief to startups on angel tax
The announcement seeks to ease concerns raised by startups about tax officials questioning the share premium received at the time of raising capital t
Govt decides to sell Air India arm in last ditch effort to save national carrier
The proceeds will be used to retire a part of the national carrier’s huge pile of accumulated debt.
India: IL&FS board to initiate asset sale process after Oct 31
The government and the IL&FS board are trying to keep the haircut that banks have to take on the ₹91,000 crore debt of IL&FS group to a minimum.
India: Govt, board mull quick asset sales to turn around IL&FS in six months
The immediate asset sale plan indicates that the equity infused by existing shareholders is not enough to get the company back on its feet.
India’s competition watchdog amends M&A approval regulations
The amended M&A regulations allow parties to voluntarily suggest to CCI possible alterations to the deal that may mitigate any adverse impact the com
Linde, Praxair asked to sell off India assets before global merger
The Competition Commission of India has asked Munich-based Linde and Connecticut-headquartered Praxair to sell off some of their assets in India befor
Government ready to call off Air India privatisation if bids too low
The government has so far received 160 queries for the proposed sale of 76% in Air India Ltd, along with 100% stake in low-cost international carrier