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: empanelment :: form 3cd :: VAT RATES :: Central Excise rule to resale the machines to a new company :: VAT Audit :: ACCOUNTING STANDARDS :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: cpt :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« Mergers and Acquisitions »
 Deals of the day-Mergers and acquisitions Apr 27, 2017,
 GAVS Tech eyes to double revenue from mergers & acquisitions
 New Indirect Tax Regime: Homebuyers and renters keeping fingers crossed on GST impact
 Hitachi India appoints Bharat Kaushal as managing director
 RBI issues new draft rules for M&As
 The 12 digital health mergers and acquisitions of Q1 2017
  Deals of the day-Mergers and acquisitions Apr 19, 2017
 Deals of the day-Mergers and acquisitions Apr 19, 2017
 Foreign investors giving M&A deals in India’s renewable energy sector a miss
 Mergers and acquisitions are getting riskier as insurance claims rise
 The Financial Times started a mergers and acquisitions newsletter for its highest-paying subscribers

Indian CFOs most bullish in Asia-Pacific about M&A
July, 03rd 2015

Indian chief financial officers (CFOs) are an optimistic bunch. They are not only confident about the economic environment improving but have also showed the highest appetite for mergers and acquisitions (M&As) among peers in the Asia-Pacific, according to a survey by Bank of America Merrill Lynch.

The survey of 2015 revealed 69 per cent of Indian CFOs said they will look at exploring M&A activity this year compared with just 22 per cent last year. The interest in M&A to expand the scope of business is also highest in the entire Asia-Pacific region, with the average at 37 per cent. However, currently the focus is on domestic M&As and not on outbound ones.

Kavish Arora, managing director & head of banking at Bank of America Merrill Lynch India said the companies are now hopeful of a revival in the economic cycle.

“With the government focusing on infrastructure spending and resolving to push through policy reforms, companies are hopeful that the investment cycle will revive. With easing inflation levels, lending rates would consequently likely soften and provide a further impetus to corporate profitability and recovery.”

Apart from focusing on M&As, CFOs are also looking at expanding their business. According to the survey, 89 per cent of the Indian CFOs said investing to grow revenues is a key priority.

Another 73% are also looking at expanding into new markets. In order to expand the business, companies are also looking increasing their capital expenditure plans. About 73% of Indian CFOs said that they will increase their capital expenditure this year.

The report also pointed out that despite Reserve Bank of India nudging corporate to be hedged in order to seek protection from rupee volatility, there are several companies that are under-hedged. Out of the Indian CFOs surveyed, two-third of them said that they have a significant exposure to the US dollar but only 53% said they are hedged against currency volatility.

This survey included the view of 630 respondents across Asia Pacific region out of which 75 were from India. The Indian CFOs were from companies with revenues of over $1 billion.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Custom Software Development Outsourcing Custom Software Development Offshore Cus

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