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: ACCOUNTING STANDARD :: VAT Audit :: TDS :: due date for vat payment :: list of goods taxed at 4% :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: empanelment :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: cpt
 
 
Mergers and Acquisitions »
 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
 Mergers & Acquisitions is accepting nominations for our 10th annual M&A Mid-Market Awards
 Why 2018 could be the year of Mergers & Acquisitions
 15 of the Best Mergers & Acquisitions of 2017
 How recent valuations have affected M&A deals
 India Inc made merger and acquisition deals worth over $60 bn in 2017
 Global appetite for mergers and acquisitions sparked by stock market rally in 2017
 2018 may see mergers and acquisitions worth $50 bn on back of stressed assets: Report
 10 Major Security Mergers and Acquisitions From 2017

Why India Inc is on an M&A spree, preferring inorganic growth to investing in fresh projects and capacities
May, 15th 2017

VS Parthasarathy, group chief financial officer of auto and farm equipment maker Mahindra & Mahindra (M&M), recalls a conversation with a supplier a few years back that was one of the inspirations behind MSquare Alliance, an online portal to help small and medium enterprises make acquisitions. It was just after M&M had pulled off an overseas buyout and the supplier let on that he too was pursuing an inorganic strategy for growth.

MSquare Alliance is a forum for the Mahindra ecosystem that helps smaller companies conclude deals by providing them with support services. M&M has a threemember team managing the service, which is free for Mahindra’s dealers and suppliers, and is available for a fee for any other company. Operational since 2013, the service, says Parthasarathy, has picked up pace in the last year. “There is a tsunami of M&A happening below the radar,” Parthasarathy told ET Magazine. “There are people who you and I do not get to meet, who are striking deals for growth.”

Two big deals in the past eight-nine months didn’t, however, escape the radar — both from the Aditya Birla Group. In August 2016, the conglomerate announced the merger of Grasim and Aditya Birla Nuvo, creating a Rs 60,000 crore behemoth. The deal got shareholder approval in April 2017. In between, in March, a $27 billion merger of Idea Cellular and Vodafone India was announced, which will create the largest Indian telecom company. Neither was technically a takeover or a buyout, but Sushil Agarwal, Aditya Birla Group CFO, insists that both transactions were done with an eye on growth. The Grasim-Nuvo merger was designed to provide Nuvo’s growth business, the financial services subsidiary, “a stronger parentage” of Grasim’s balance sheet. The Idea-Vodafone deal, too, sacrificed control — Vodafone will hold 45.1% of the merged entity and the Aditya Birla group 26% — and prepped it up for growth and competition, namely Relian Jio.

 
 
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