At the time of exit to the Indian arm of the Ibibo group, Redbus had an enterprise valuation of around Rs. 600 crores (USD 125 million). Do you know what was the shareholding of its two founders Phanindra Sama and Charan Padmaraju? Less than 15 perc
There is a whole lot of commercial lingo or jargon surrounding investment documentation, and much of it finds its way into legal agreements. Terms like drag, tag, liquidation preference, ROFO / ROFR&rs
Introduction: Secretarial Audit is a process to check compliance with the provisions of various laws and rules/regulations/procedures, maintenance of books, records etc., by an independent professional to ensure that the company has complied with th
INTRODUCTION The concept of taxation is not new in modern India. Tax was basically defined as the burden or charge imposed by the legislative power on persons or property, to raise money for public purposes, whereas taxation&rdqu
The search and survey operations conducted by the Income tax department, commonly known as Income tax raids (raids), has always been one of the worst nightmares of businessmen, high earners and corporates. Some reasons for this fear bei
One of the goals of succession planning is to protect the interest of an individual during his/her lifetime and after his/her death safeguard the interest of his/her loved ones. This can be achieved by different ways of estate planning by distributin
CAclubindia welcomes you all. We are here with our New ICAI President CA. K. Raghu. A worthy combination of youth, dynamism, experience and excellence, CA. K Raghu has taken over as the supreme torch-bearer of Indian accountancy profession as the Pre
THE CURRENT ECONOMIC SITUATION AND THE CHALLENGES The state of world economy has been the most decisive factor affecting the fortunes of every developing country. The world economy has been witnessing a sliding trend in growth, from 3.9
Introduction: It must have come to your notice, that all Central Banks throughout the globe, meaning Central Bank situate in every country, seem to be fixated with the notion of controlling the rate of inflation. They seem to be taking all steps with
What is the difference between investing and speculation? At first, you think the answer is simple because the distinction is obvious — that is, until you actually put pen to paper and try to answer the question. Go ahead; take a few seconds an
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India