In India, there were over 300 mergers and acquisitions, contributing $22 billion in value from January-August. These M&As were spread evenly across cross-border and within India transactions. Telecom, agriculture and forestry, pharma and manufacturing, among others, witnessed big ticket deal values of over $100 million each. The banking and financial...
Amazon India to Start Grocery Delivery
Amazon Seller Services Pvt. Ltd, the Indian unit of Amazon, plans to expand its Kirana Now initiative into a full-fledged business, reports Live Mint. Amazon soft-launched Kirana Now, (named after the Hindi word kirana for grocery), last March in a few neighborhoods in Bangalore. The orders will be delivered by...
M&A Activity Crosses $25 Billion in India
Tax and advisory firm Grant Thornton reports that the Merger and Acquisition activity in India reached $25.65 billion in the first nine months of this year. “Most part of the M&A deal value has actually come from inbound investments where $12.6 billion has been infused thereby demonstrating a growth of...
Indian Companies Continue to Witness Rise in Merger and Acquisition Deals
Live Mint reports that according to the latest Deal Tracker report by Grant Thornton India Llp., Indian companies continue to witness an upward trend in M&A deal values. A snapshot of the news in the table below: Inbound DealsJanuary 2015 118 deals were closed worth $3.4 billion up by...