Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: VAT RATES :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: form 3cd :: due date for vat payment :: empanelment :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« Mergers and Acquisitions »
 Deals of the day-Mergers and acquisitions Nov 14, 2017
 Largest cybersecurity M&A deals in 2017
 State Bank of India eyes profitable expansion outside home
 Deals of the day-Mergers and acquisitions Nov 6, 2017
 Large merger and acquisitions back in Indian pharma
 RBI norms may spur digital wallet mergers
 How Indian businesses are evolving M&A strategies
 Deals of the day-Mergers and acquisitions Nov 3, 2017
 Ease of doing business in India remains a major concern: Airtel’s Sunil Mittal
 Mergers and Acquisitions hit by demonetisation, GST roll out
 M&A deals in pharma sector decline in 2017, amid tough business conditions

Jaitley urges encouragement of mergers and acquisitions of domestic companies
December, 03rd 2014

Union Corporate Affairs Minister Arun Jaitley on Monday urged the encouragement of mergers and acquisitions of domestic companies, adding that the emergence of competition law in India is a reason to cheer.

"People learn from global experience. When our own corporates are of moderate size, mergers, acquisitions and consolidation need to be encouraged to promote size," Jaitley said, while speaking at the International Competition Network (ICN) Merger workshop in the national capital.

"Around 15 years ago, the practice of anti-trust practice and a competition law practice was unknown in this country. It had emerged strongly in developed countries because mergers were taking place; impact of anti-competitive practices was taking place, not only within territorial jurisdiction of states, but it also had a trans-national impact," he added.

Speaking of practices of the past, Jaitley spoke encouragingly of how the mindset has changed from that of decades in the country.

"As a developing economy we were still moderate in our size and we were trying to break away from the shackles of the past thinking, where what was big was considered to be evil. That was the whole hypothesis of the thinking that brought the original MRPP law in India. The thinking was that if you become larger in size, you necessarily will become exploitative and therefore your ability to dominate a market must be corrected at the very threshold. That thinking prevailed for decades in India," he said.

Jaitley also spoke of how the Competition Commission of India (CCI) is becoming 'extremely mature', however adding that the presence of multiple regulators has resulted in issues pertaining to jurisdiction over different turf areas, giving the example of the merger of two telecom companies.

"If two telecom majors are to amalgamate, there will be common turf areas between the telecom regulator and market regulator CCI. Therefore how do you built the jurisdiction of the two? Obviously jurisdiction in this area is emerging," he stated.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - About Us

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