How has the scenario in the Mergers & Acquisitions changed over the years?
You have only to read the newspapers to see the increase in the activity. Today, on a daily basis, you would read about companies who are either announcing plans to consolidate, or plans to go global through the acquisition route, or to raise capital for new investments. You read stories about foreign companies making investment plans in India, you read about private equity funds investing in Indian companies to take them to the next level of growth, you read about projects getting financed, then you read about the privatization of state owned enterprises. All of this, in aggregation, points out to a level of activity that has been unprecedented over the last few decades. The increase in mergers and acquisitions today is primarily a function of growth. Today, inorganic growth strategies (which are driven by mergers and acquisitions) is as much a fact of life as opposed to organic growth. Companies are readily embracing the inorganic growth strategy as a means to keep pace with the rapi
