Grant Thornton

Cash-strapped Jet Airways lenders attempt to sell bankrupt carrier again; to call bids for asset sale by 20 July

Last month, JetAirways' creditors, led by State Bank of India (SBI), took the airline to the bankruptcy court after failing to agree on a revival plan

Jet Airways bankruptcy: NCLT gives time till 4 July to grounded airline's creditors to submit claims

On 20 June, the National Company Law Tribunal admitted the insolvency petition filed by State Bank of India against Jet Airways

Insolvency proceedings initiated against debt-ridden Jet Airways; NCLT bench instructs resolution professional to file fortnightly progress report

Jet Airways became the first domestic airliner to go into bankruptcy

Total M&A, PE deal value drops 79% to $4,579 mn in April despite strengthening rupee, positive domestic sentiment: Report

Total merger and acquisition (M&A) and private equity (PE) deal value were at $4,579 million (about Rs 31,950 crore) in April 2019 against $21,766 million in the same month last year

Jobs deficit: GIFT City in Gujarat struggling to create employment despite Modi govt offer of tax, concessions

The lack of development and job creation at GIFT, critics say, reflects one of Modi’s challenges as a whole as he begins a second term in office.

PE, VC investments reach $20.5 bn in 2018 on deals in startups, e-commerce, ITeS: Report

The report said it is not unusual to witness high levels of public spending in election years and it may push investments in rural and infrastructure-related sectors in the near-term.

India's Merger and Acquisition deal value drops 34% to $1.24 bn in February; cross-border transactions dominate: Report

Grant Thornton's report showed that number of mergers and acquisitions transactions last month rose marginally to 44 last month

Grant Thornton report on IL&FS points to several irregularities in deals worth Rs 13,000 cr

Grant Thornton in its report on debt-ridden IL&FS Group has identified various financial irregularities in deals with financial implications of over Rs 13,000 crore during a special audit conducted by the firm

KPMG audits show 'unacceptable deterioration', to be first to undergo special supervision, says UK accounting watchdog

The Financial Reporting Council (FRC) said the Big Four auditors - which also include PwC, EY and Deloitte - must act swiftly to reverse the decline in this year’s audit inspection results if they are to hit targets set by the watchdog.

India Inc's M&A tally rises 8-fold to $19.1 bn with 40 transactions, highest monthly deal value since March 2018: Report

India continues to see a strong growth in deal activity, with the year so far recording 442 deals (M&A and PE) worth $44 billion, a 26 percent increase in deal values,