Corporate Professionals Blog

Mr. Manoj Kumar Vice President +919910688433 manoj@indiacp.com Security is one of the most important issues in any setting, a home, school, hospital, malls, social gatherings, et al. But it is also one of the most overlooked issues at times. Maslow, a world famous psychologist known for his hierarchy of needs, brought to paper the thought which people generally fail to realize. ' The second most important need after food and shelter is the need for protection and security. That comes even before the need for love, social esteem and self-growth. Believe it or not; ask yourself and you'll know it's true.' Though we hardly notice it, security finds a place in the country as a full-blown security industry which is growing steadily year after year. In fact, it may sometimes be even safe to say that there are more security guards than the number of policemen today.

Mr. Chander Sawhney Vice President +9810557353 chander@indiacp.com In order to make the valuation of shares in line with global business valuation practices and maximize forex earnings for Indian Residents,   RBI had recently introduced revised valuation guidelines in case of allotment or transfer of equity shares/ compulsory convertible instruments by Indian Resident to Non Resident and vice - versa. Now for all unlisted companies having Foreign Direct Investment (FDI), RBI has prescribed mandatory valuation of shares strictly through Discounted Free Cash Flow ( DFCF ) method only, a prominent method based on Income Approach of valuation which is entirely based on the “ Future Cash Earning Capacity ” of any business and thus often lead to optimum value scenario (from exchange control perspective). Before DFCF method was prescribed, the basis of valuation for RBI transactions was Controller of Capital Issues (CCI) guidelines which determined a conservative valuat...

Case Details: ZOOM LENS of SAT order in the matter of IP holding Asia Singapore PTE Ltd.and International Paper Company Target Company: The Andhra Pradesh Paper Mills Limited Acquirers: IP holding Asia Singapore PTE Limited (Acquirer) and International Paper Company (PAC) Industry: Paper Merchant Banker: Lazard India Private Limited ( Formerly Lazard Credit Capital Limited) Case Abstract Target Company:   The Andhra Pradesh Paper Mills Limited, a L N Bangur Group Compnay was incorporated on June 29, 1964 as a joint venture between the Government of Andhra Pradesh and Somani Group, to take over Andhra Paper Mills, a concern run by the Government of Andhra Pradesh. The company is one of the biggest integrated paper and pulp manufacturing centers in India and manufactuers produces indispensible writing, printing and copier papers for foreign as well as domestic markets. The shares of the Company are listed on NSE and BSE.

This era is a witness to the most technologically advanced generations which the earth has ever borne. Generation X, the ones that saw light of the day in 1960s and 70s; Generation Y which was born in the 80s and the 90s; and finally the Generation Z that is right now enrolled in schools and colleges. The audio cassettes, calculators, floppy disks, walk-mans of the 60s and 70s gave way to Windows and Apple Macintosh, cell phones, Pentium processors and Internet in the 80s! All these have eventually given way to things like gaming consoles, e-book readers and DVD players, things which we cannot imagine our lives without. Mr. Manoj Kumar Vice President +919910688433 manoj@indiacp.com But the rate at which the technology advances and the rate at which these products are gaining popularity and demand, it’s very easy to switch over to the next version that’s launched in the market. What do we do about what that’s left behind? Do we know that all that just piles up together as ...

Knowing what business is worth and what determines its value is prerequisite for intelligent decision making. It is the process of determining the "Economic Wealth" of company under certain assumptions and limiting condition and subject to data available on the valuation date. It is pertinent to mention that the valuation of a business is not an exact science and ultimately depends upon a number of factors like the purpose of valuation, stage of business, past financials, expected financial results, industry scenario, market recognition etc. What is Business Valuation? Mr. Chander Sawhney Vice President +9810557353 chander@indiacp.com The Business Valuation  is a process to estimate the economic worth of stakeholder's interest in a business. To determine the value of any business, the reasons for and circumstances surrounding the business valuation must be pre ascertained. These are formally known as the " Standard of Value" ...