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Monthly Archives: June 2012

JWT Buys Digital & Promotions Marketing Division of Hungama

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JWT,the global marketing communications agency and Indias leading integrated communications company,has acquired a 51% stake in Hungama Digital,the digital and promotions marketing division of Hungama Media Entertainment.The new entity called Hungama Digital Services will be a full-service digital agency,specialising in digital marketing and social media solutions.   As part of the acquisition,Hungamas activations arm Hungama Promo Marketing will become a ... Read More »

Office Space

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Entrepreneurs tend to work from home but I have found that an office space is also important for regularity and some sort of discipline. An office makes it easier to separate our business from personal lives. It can be helpful in generating fresh ideas and moreover creates a good impression on the clients. But the problem is how to get ... Read More »

Warburg Pincus Acquires Equity Stake in Future Capital Holdings

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  Future Group announced that it has executed definitive agreements to divest its stake in Future Capital Holdings [FCH] in favour of leading global private equity firm, Warburg Pincus. As part of the transaction, Pantaloon Retail India Limited and its wholly owned subsidiary Future Value Retail Limited will sell its stake in FCH at a price of Rs 162 per ... Read More »

TRANSFER PRICING

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Due to the financial crisis in the last few years, the pressure from tax authorities has increased with TP becoming a common target for tax authorities to focus on. At the same time, the complexity and ever changing nature of tax regulations internationally as well as grey areas in interpretation ambiguous laws without little regard to practical applications, make the ... Read More »

Navis in talks to sell Nirula’s

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Malaysia-based private equity firm Navis Capital Partners is in talks with a Mumbai-based hotelier to sell Nirula’s Corner House Pvt. Ltd, the fast-food chain it acquired in 2006 as reported by Livemint.   Navis has previously bought restaurants in India, only to sell them shortly afterwards. It sold its holdings in Mumbai-based Mars Restaurants Pvt. Ltd and affiliated airline catering ... Read More »