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: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: empanelment :: TDS :: due date for vat payment :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: ACCOUNTING STANDARD :: articles on VAT and GST in India
 
 
« Mergers and Acquisitions »
 The Deal Economy Conference Reveals Upbeat Forecast for Mergers & Acquisitions in 2017
 Mergers and acquisitions almost halve over three months following Brexit vote
 Mergers & acquisitions: a lesson in cyber-security complacency and reputational ruin
 Notable Mergers and Acquisitions 12/5: (CNSL)/(FRP) (CX) (FDML)
 What is Triggering the Wave of Mergers & Acquisitions in the Indian Internet Space?
 Oil and gas mergers and acquisitions are finally making a comeback
  Mergers: Commission approves acquisition of St Jude Medical by Abbott Laboratories, subject to conditions
 Mergers and Acquisitions: What’s Happening in the OFS Industry?
 Mergers: Commission approves acquisition of St Jude Medical by Abbott Laboratories, subject to conditions
 Prediction: These 8 Companies Will Get Bought in 2017
 Third Quarter Results Show Continued Strength in Mergers and Acquisitions

Experian scouts for acquisitions in India
May, 19th 2011

Experian, a global information, analytical tools and marketing services company, is exploring acquisition opportunities in India. The company, which owns 49 per cent stake in India's second-largest credit information bureau, Experian Credit Information Company of India Pvt Limited, is scouting for buy-outs in web analytics, knowledge process outsourcing, business information and digital marketing.

Mergers and acquisitions is a large part of our DNA. In India, we are actively looking at acquisition opportunities to scale up our operations.

This is necessary for accelerated growth in customer base, revenues and profitability, Experian Services India Managing Director and Country Manager Vikram Narayan told Business Standard.

He, however, did not specify the volume of investment the company had earmarked for the acquisitions. Globally, we have been very active in mergers and acquisitions and have closed some large deals in the last couple of years. So, investment would never be a constraint for us, Narayan said.

Since 2006, Experian had accounted for 25 acquisitions, at an average investment of $2.8 billion. The Ireland-based company's largest acquisition so far was that of Serasa, a credit information bureau in Brazil. Experian had acquired Serasa for $1.272 billion.

In India, the current regulatory norms do not allow an overseas investor to acquire the majority stake in a credit information bureau. We would have been interested in a credit information bureau in India, but the current regulations don't permit us to have more than 49 per cent stake. However, we are actively looking for buy-outs in other areas in which we operate, Narayan said.

In November, 2010, Thomson Reuters acquired Pangea3, a legal process outsourcing firm in India, while Ybrant Digital, a Hyderabad-based digital marketing company, bought Lycos Inc from Korean firm Daum Communications for $36 million in August, 2010.

The Competition Commission of India (CCI) had, earlier this month, announced new regulations on mergers and acquisitions for companies in India. These regulations would be effective from June 1 and companies planning high-value acquisitions would first need to secure CCI's approval for the deals.

It is not clear whether we would come under these regulations. Based on the feedback I received, I think the general consensus was that companies welcome this move. If required, we will comply with the regulations, Narayan said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Portfolio

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