Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: Central Excise rule to resale the machines to a new company :: empanelment :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: due date for vat payment :: VAT Audit :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: VAT RATES :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: form 3cd
« News Headlines »
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers
 Finance ministry warns tax officials of action against GST protest
 Big changes for small units under GST
 Parliament’s winter session to begin on November 16 to expedite GST rollout
 Income-tax (27th Amendment) Rules, 2016 - 92/2016
 Announcement - Clarifications in Respect of MEF 2016-17
 Non-taxing GST apps to make filing income tax return less painful

TOPSGRUP buys 51% in UK security firm
May, 31st 2008

TOPSGRUP has acquired 51% in a UK-based security company, The Shield Guarding Company, for about Rs 125 crore. This is the first overseas acquisition by an Indian security company, a statement from the firm said on Thursday.

Shields acquisition will act as a strategic gateway for our global growth plans in the coming years. Shield, with its great business ethics coupled with a strong management team and a loyal customer base has great synergies with TOPSGRUP. We envisage a lot of cost and experience sharing benefits across both companies that will benefit our customers and employees as well, said TOPSGRUP global CMD Dr Diwan Rahul Nanda.

The Shield Guarding Company, set up in 1987 and one of the top 10 market leaders in the UK, has clients such as Walt Disney, Fujitsu, Nokia/Vertu, Master Foods, Broadgate Estates, Ove Arup, Halliburton KBR, Porsche.

TOPSGRUP has 65,000 employees and over 6,000 customers through its pan India network. The statement said that the firm aims to end the current fiscal year with a turnover of over Rs 1,000 crore. Recently, the firm acquired south Indian security firm Guardwell Detective Services for Rs 35 crore. Some of TOPSGRUPs key clients include Tatas, Birlas, Reliance, Airtel, Oracle, HSBC, Stanchart, ICICI, Future group amongst others.

Shield posted a turnover of $121 million and a profit before tax of $4.5 million in 2007-08. The British firm offers specialised security services in the areas of manned guarding, door supervision, CCTV public space surveillance, vehicle immobilization and cash in transit. Shield currently partners with over 350 customers, employs over 2,500 human capital assets and operates out of four offices in the UK.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions