GST & Inflation

Is GST likely to be inflationary in India?     There has been a general belief that GST will add to inflation in the initial years. While the quantum of the impact of inflation cannot be predicted, the global experience is that the inflation rate does creep up by 0.5% to 1% annually in the…

Birla Restructuring

Need to simplify the business and unlock value…     The much awaited restructuring of the Birla Group came in this week. As part of the merger, Aditya Birla Nuovo Ltd (ABNL) will be merging into Grasim in the ratio of 10:3. Shareholders of ABNL will get 3 shares of Grasim for every 10 shares…