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
Latest Expert Exchange
Mergers and Acquisitions »
 Wipro Consumer Care scouts for acquisitions in developing countries
 Top 5 most interesting mergers and acquisitions of the past year
 Vodafone, Idea merger in process; likely to be completed by May
 Indian auto component makers are hungry for overseas acquisitions
 Nine digital health mergers and acquisitions from the first quarter of 2018
 Deals of the day-Mergers and acquisitions April 2, 2018
  Deals of the day-Mergers and acquisitions March 28, 2018
 Top 7 M&A deals in India: Who joined hands with whom and for how much?
 Manipal Hospitals buys Fortis Healthcare: A look at major mergers and acquisitions in the pharma industry
 Deals of the day-Mergers and acquisitions March 28, 2018
 Merger and acquisition deal volume at 7-year high in 2017 with 1,022 transactions

India to liberalise M&A norms
June, 24th 2011

India will further liberalise norms to facilitate mergers and acquisitions that have been one of the biggest contributors to the country's industrial expansion, an official said Thursday.

"Corporates will not have multiplicity of reporting formats and that is one commitment we give to the Indian industry," D.K. Mittal, secretary in the corporate affairs ministry, said at a summit organised by the Confederation of Indian Industry (CII) here.

He said his ministry, the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) - the three main regulators of the mergers and acquisition activities - have been striving hard to further liberalise the norms.

"We have been careful not to put any restriction on acquisition by Indian corporates outside the country," Mittal said.

SEBI and the Competition Commission of India have norms to regulate takeover of Indian companies from foreign companies where capital is much cheaper.

"The idea is that regulation should not be restrictive or destructive and that regulatory framework should have a soft landing which we have been able to achieve," Mittal added.

Indian corporate sector witnessed mergers and acquisitions deals worth nearly $67 billion in 2010.

"In an inter-connected world, competition is all pervasive and businesses will have to think big, act fast and transcend geographic boundaries by mergers and acquisitions to stay globally competitive," Adi Godrej, chairman of Godrej Group, said while addressing the conference.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Website Ranking Website Ranking Company Website Positioning Alexa Ranking Website Promotion Website top 10 ranking website top 10 promotion search engine result promotion Strategic Internet Marketing Website Optimization Website Ranking Factors

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