Recent Highlights
All Stories for Grant Thornton
Cash-strapped Jet Airways lenders attempt to sell bankrupt carrier again; to call bids for asset sale by 20 July
• 6 years agoLast 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
• 6 years agoOn 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
• 6 years agoJet 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
• 6 years agoTotal 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
• 6 years agoThe 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
• 6 years agoThe 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
• 6 years agoGrant 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
• 6 years agoGrant 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
• 7 years agoThe 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
• 7 years agoIndia 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,