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: cpt :: Central Excise rule to resale the machines to a new company :: list of goods taxed at 4% :: empanelment :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: VAT Audit :: VAT RATES :: due date for vat payment :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: TDS
 
 
Mergers and Acquisitions »
 Deals of the day-Mergers and acquisitions May 18, 2017,
 Forced mergers, sacking on cards as RBI gets tough with misfiring big banks
 Why India Inc is on an M&A spree, preferring inorganic growth to investing in fresh projects and capacities
 Banking consolidation 2nd wave: FinMin sees room for 3-4 more PSB mergers
 Ministry of Corporate Affairs (MCA) notifies the provisions of cross-border mergers and acquisitions
  GAVS Tech eyes to double revenue from mergers & acquisitions
 ACC, Ambuja Cements evaluating merger
 News Corp VCCircle Mergers & Acquisitions Summit 2017
 A new merger control philosophy
 IT deserves a strategic role in merger & acquisition integration
 Merger of Orient and IL&FS wind power businesses hits tax hurdle

Foreign firms involved in 61% merger and acquisition deals in India
April, 18th 2011

India has emerged as an attractive investment destination for global investors as 61% of merger and acquisition deals in the first quarter of this year were by foreign firms of Indian entities and going forward this trend is likely to heat up further.

According to mergermarket, the M&A intelligence service provider, in India out of 57 deals that took place this quarter, 35 deals had foreign bidders.

As much as 61.4% of all the activities in India were inbound deals -- a significant portion compared to 27.1% for China, or 14.3%, for Japan.

"Inbound M&A drove deals in Q1 2011 with India proving itself an attractive investment destination as it lured buyers in the energy, insurance and IT space.
    
Despite the ongoing wave of corporate scandal and political corruption, India will continue to entice suitors on the back of strong fundamentals such as its growing population," mergermarket Asia Pacific Deputy Editor Anjali Naik said.
    
The interest of foreign companies and their subsidiaries on Indian entities is likely to see a further uptrend as Korea and Russia are likely to start entering India along with the US, Europe and Japan.
    
"Buyers from typical markets such as the US, Europe and Japan could be joined by those from Korea and Russia and deals across borders - consumer, financial services, energy, industrial, engineering and chemicals - will continue.

Overseas activity in energy, consumer and IT are also expected to grow," Naik added.
    
According to mergermarkets' India M&A Q1 2011 round-up, cross-border deals dominate the top deals table, with four inbound and one outbound deals qualifying as the five largest deals announced in Q1, 2011.
    
As many as 57 deals totalling $18.3 billion has been recorded in Q1, 2011, a 270.6% increase in value as compared to the same quarter last year, the second most active quarter in Indian M&A in terms of deal value, beaten only by Q2, 2010 when $26.4 billion worth of deals were announced.
    
Deal volume, however, has decreased by nine deal counts, it added.
    
Morgan Stanley has topped the financial advisor league table by value, having advised on $12.9 billion worth of deals, and Yes Bank came out on top in terms of value, participating in five deals this quarter.
    
The latter represented a giant step up for the India-based lender, having qualified for 36th place last year.
    
AZB & Partners continue to lead the legal adviser league tables both by value and deal count, having worked on eleven deals totalling $9.7 billion in Q1, 2011, it added.

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

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