In what shows the Modi 2.0 government’s policy intent to privatise a clutch of large state-run firms, starting with the current financial year itself, the Cabinet on Thursday approved new processes for strategic...
General
Share of carve-outs in M&A deals rises as firms hive non-core assets
Large Indian corporates are increasingly selling down businesses that are not core. This trend is adding to the mergers and acquisitions activity too, in recent times. The share of carve-outs in mergers and acquisitions...
Several PSU divestments lined up: Govt gears up to kick off its own mega Diwali sale
The government is getting set for a series of blockbuster divestments — lining up strategic sales in four blue-chip, state-run companies and firming up plans for embattled Air India. A group of secretaries on Monday...
Global economic uncertainties dampen India’s M&A activity in August
Corporate India’s merger and acquisition activity moderated in August with 23 deals worth $845 million, the second-lowest monthly deal volume till date amid ongoing global uncertainties, said a report. According...
Distressed asset acquisitions, consolidation behind large M&A transactions
Large deals or those worth more than $250 million each have seen a sharp increase in value terms since 2015, Bain & Co. said in its India M&A Report 2019. Between January 2015 to April 2019, 60 large deals worth...
MAT breather to give a leg-up to bankruptcy resolution and M&As
Mergers and acquisitions as well as resolution of corporate bankruptcy are set to get a leg-up with the minimum alternative tax (MAT) exemption that the government announced on Friday as part of corporate tax reform...
High-level panel to study merger of NRI & FPI routes
The government plans to appoint a high-level committee to look into merging the non-resident Indian (NRI) and foreign portfolio investor routes, said three people aware of the matter. Finance minister Nirmala Sitharaman...
CCI puts in place green channel route for M&A approvals
Putting in place a speedier approval mechanism, Competition Commission has introduced a green channel route for clearing certain categories of mergers and acquisitions. The green channel concept — recommended by...
Govt raises limit for raising funds without diluting voting rights
The Union government on Friday liberalized rules that would allow Indian companies to raise share capital without diluting the voting rights of all existing shareholders. The move is expected to help promoters retain...
CCI approvals for M&As may be fast-tracked
A government panel on antitrust regulation has recommended faster clearances for mergers and acquisitions that do not stifle competition, but is silent on the curbs placed on e-commerce companies last year. The...
Cultural Integration Takes Lead in M&As
When a large private equity fund looked at buying a New Delhi based healthcare provider, the fund manager felt something was not right. Although the exclusivity agreement had been signed and the deal was in advanced...
Five ways to hold your own during an M&A
When one organisation takes over another, employees are not wrong in feeling insecure about their future. Anjali Venugopalan gets you tips from experts on how to adapt to a merger or acquisition of your company. 1...
