Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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 :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: empanelment :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS :: Central Excise rule to resale the machines to a new company :: form 3cd :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: ACCOUNTING STANDARD
« Mergers and Acquisitions »
 Global Microdissection Market - Mergers and Acquisitions Becomes a Key Strategy
 How India's Bankruptcy Law Redo May Spur M&A Heyday
 Top 3 Procurement Mergers and Acquisitions of 2017 (and 2018, So Far)
 What is in store for mergers and acquisitions?
 Mergers and acquisitions a key factor in increasing the number of B.C. employees at top security firms
 Merger & Acquisition deals up 10 pct in 2017, but value declines
 OMA Emirates scouting for acquisitions in India’s fintech space
 India to see healthy M&A activity, says EY
 Digital payments gateway PayU eyes acquisitions to enter lending segment
 Top 5 mergers and acquisitions of 2017 in India
 Deals of the day-Mergers and acquisitions Jan 16, 2018

M&A route in India
March, 11th 2010

The Middle East's number one mobile operator, Etisalat is looking at a new strategy for its Indian business.

A larger number of entrants in the telecom business is forcing the company to look at mergers and acquisition as an alternate way of growing its business in the country.

Mobile users are enjoying some of the lowest tariff calls. But for new entrants like Etisalat, Uninor and even MTS, these are tough times.

Most of these companies are seeing their business plans go awry and so are busy re-evaluating their plans in India.

NDTV learnt from sources that Etisalat has now started working on its Plan B for India. This involves looking to grow inorganically through mergers and acquisitions.
Etisalat has been looking at telcos like Idea and Reliance and even had preliminary talks with a few, sources said.

Interestingly Reliance Communication has a tower sharing deal already in place with Etisalat, they added.

Etisalat, which is present in 18 countries in Middle East and Africa entered the Indian market by buying 45 per cent stake in Swan Telecom for around $900 million.

Although Etisalat has about $2.7 billion of cash reserves, it may still find buying stake in Indian telcos somewhat difficult because under the existing rules a telecom company cannot own more than 10 per cent stake in another telco, if both are present in the same area.

So Etisalat that now has licence to operate in most parts of the country will either have to restrict its buy to below 10 per cent or buy out the whole company. But these rules may change soon.

It is expected that the government will soon bring about changes in merger and acquisition rules as telecom regulator TRAI will submit its new recommendations on these issues anytime now.

These new rules will relax M&A norms, paving the way for much-needed consolidation in the telecom sector.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Internet Marketing Website Marketing Internet Promotion Internet Marketing India Website Marketing India Internet Promotion India Internet Marketing Consultancy Website Marketing Consulta

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