The government’s idea of merging the National Anti-profiteering Authority (NAA), which penalizes businesses for goods and services tax (GST)-related profiteering, with the anti-trust regulator Competition Commission of...
Dealmaking activity severely hit in Sept qtr; down 66% by value: Report
Corporate deals, including mergers and acquisitions and venture funding, were down 66 per cent by value to USD 10.22 billion in the September quarter, a report said on Tuesday. By volumes, the deals were down by 25 per...
M&As hit a record on HDFC, Adani, LTI-Mindtree deals
The volume and value of mergers and acquisitions in India hit new records, defying a global slowdown in deal-making as central banks turned off the liquidity spigot. Deal value in India rose 58% to $148 billion in the...
M&A activity touches all time high in 2022, 58.2% higher than 2021: Report
Merger & Acquisition (M&A) activity in India touched an all-time high of $148 billion in the first nine months of 2022. It was 58.2 per cent higher than in 2021, according to a report in BusinessLine (BL)...
CCI needs to be abreast of global best practices on mergers: FM Sitharaman
Finance Minister Nirmala Sitharaman said the Competition Commission of India (CCI) would need to keep pace with global developments on the merger and acquisition front and combine them with Indian laws. Speaking at the...
Deal values halve to $4.1 bn in August: Grant Thornton Bharat
Deal activity in India halved to USD 4.1 billion in value terms in August 2022 and witnessed a nearly 40 per cent slump in terms of volume, a report said on Thursday. When compared with the preceding month of July, the...
Bill in the works to speed up CCI approvals for M&As
Investors could get fast-tracked clearance from the Competition Commission of India (CCI) for mergers and acquisitions within 20 days of being informed of the deal, if the watchdog does not form an adverse first...
Target, acquirer, board of directors: Understanding a hostile takeover
On Tuesday, Gautam Adani-led Adani Group announced that it has acquired a 29.18 per cent stake in NDTV and will launch an open offer to acquire another 26 per cent soon. NDTV’s owners have stated that it was...
SPAC activity in July reached the lowest levels in five years
SPACs were one of the hottest investments on Wall Street early last year, booming alongside cryptocurrencies, meme stocks and other speculative trades as an easy way for buzzy startups to raise money and go public. Fast...
Large user base in India will bring global M&A under CCI
Global mergers and acquisitions are set to come under the scrutiny of the Competition Commission of India (CCI) if the parties meet a specified customer base in India that the antitrust regulator will specify after...
Over Rs 2,000-cr M&As may come under Competition Commission’s purview
An additional criterion in mergers and acquisitions (M&As) may require digital businesses to secure approval from the Competition Commission of India (CCI), the anti-trust regulator. The government is set to...
India M&A veto plans will shake world’s dealmakers
India is set to take a seat at the global M&A table. Prime Minister Narendra Modi’s government is preparing to give its antitrust enforcer a bigger say in overseas deals. India may have missed the boat to stymie Big...
