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Amit Engineering Company solely authorised to grant NOC for e-vehicle registration


Amit Engineering Company solely authorised to grant NOC for e-vehicle registration
ANI |
Updated: Feb 10, 2021 15:58 IST
New Delhi [India], February 10 (ANI/NewsVoir): Amit Engineering Company has been recognised as the sole patent authority to issue NOC of battery e-rickshaws and e-vehicles across India by the Supreme Court of India.
Now, the e-vehicles can be registered only through Amit Engineering Company. Earlier the Supreme Court had discontinued the registration of e-vehicles on February 24, 2020, over concern hanging around the non-uniformity of the unit battery power in them.
On January 12, 2021 the Apex Court revoked the earlier order and granted Amit Engineering the sole authority to carry out the registration of e-rickshaws and e-vehicles. ....

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Asia's Family-Owned Firm Founders Seek Private Equity Exit


Asia’s Family-Owned Firm Founders Seek Private Equity Exit
This content was published on February 4, 2021 - 03:40
February 4, 2021 - 03:40
(Bloomberg) Dealmakers across Asia are busy fielding calls from company founders who are mulling letting go of their life’s work as the Covid-19 pandemic has upended how global business is done.
After riding the region’s rise over the past decades, family firms that dominate the economic landscape are now also looking for bigger partners, help to modernize management teams and in succession planning, according to consultants, bankers and private equity firms.
“We’ve seen founders, particularly the older entrepreneurs, saying there are more challenges in the world now and that they’re thinking about succession issues and management issues,” said Ed Huang, co-head of Asia acquisitions in private equity at Blackstone Group Inc. “Private equity is better understood now as either a potent ....

Hong Kong , Shanghai Tang , South Korea , Fred Huang , Derek Sulger , Pankaj Goel , Nainesh Jaisingh , Desmond Teo , Takuya Kawahara , Family Firm Institute , Standard Chartered Plc , Credit Suisse Group , Credit Suisse , Nihon Ma Center , Northstar Group , Nihon Ma Center Inc , Ernst Young , Fit Ltd , Blackstone Group Inc , Japfa Ltd , Blackstone Group , Suisse Group , Southeast Asia , Affirma Capital , Chief Executive Officer Nainesh , Center Inc ,

Asia's family-owned business founders more open to explore PE deals, cede control


Asia’s family-owned business founders more open to explore PE deals, cede control
Photo by CHUTTERSNAP on Unsplash
February 4, 2021
Dealmakers across Asia are busy fielding calls from company founders who are mulling letting go of their life’s work as the Covid-19 pandemic has upended how global business is done.
After riding the region’s rise over the past decades, family firms that dominate the economic landscape are now also looking for bigger partners, help to modernize management teams and in succession planning, according to consultants, bankers and private equity firms.
“We’ve seen founders, particularly the older entrepreneurs, saying there are more challenges in the world now and that they’re thinking about succession issues and management issues,” said Ed Huang, co-head of Asia acquisitions in private equity at Blackstone Group Inc. “Private equity is better understood now as either a potential strategic partner or as an exit path.” ....

Hong Kong , Shanghai Tang , South Korea , Fred Huang , Derek Sulger , Pankaj Goel , Nainesh Jaisingh , Desmond Teo , Takuya Kawahara , Family Firm Institute , Standard Chartered Plc , Credit Suisse Group , Credit Suisse , Nihon Ma Center , Northstar Group , Nihon Ma Center Inc , Ernst Young , Fit Ltd , Blackstone Group Inc , Japfa Ltd , Blackstone Group , Suisse Group , Southeast Asia , Affirma Capital , Chief Executive Officer Nainesh , Center Inc ,

Across Asia, founders of family-owned businesses seek private equity exit


Feb 4, 2021
Deal-makers across Asia are busy fielding calls from company founders who are mulling letting go of their life’s work after the COVID-19 pandemic upended how global business is done.
After riding the region’s rise over the past decades, family firms that dominate the economic landscape are now looking for bigger partners, and help to modernize management teams and in succession planning, according to consultants, bankers and private equity firms.
“We’ve seen founders, particularly the older entrepreneurs, saying there are more challenges in the world now and that they’re thinking about succession issues and management issues,” said Ed Huang, co-head of Asia acquisitions in private equity at Blackstone Group Inc. “Private equity is better understood now as either a potential strategic partner or as an exit path.” ....

Hong Kong , Shanghai Tang , South Korea , Fred Huang , Derek Sulger , Pankaj Goel , Nainesh Jaisingh , Desmond Teo , Takuya Kawahara , Family Firm Institute , Credit Suisse Group , Credit Suisse , Nihon Ma Center , Standard Chartered , Northstar Group , Nihon Ma Center Inc , Ernst Young , Fit Ltd , Blackstone Group Inc , Japfa Ltd , Blackstone Group , Suisse Group , Southeast Asia , Affirma Capital , Chief Executive Officer Nainesh , Center Inc ,