1st Edition

The Globalisation of Indian Business Cross border Mergers and Acquisitions in Indian Manufacturing

By Beena Saraswathy Copyright 2018
180 Pages
by Routledge

180 Pages 14 B/W Illustrations
by Routledge

180 Pages 14 B/W Illustrations
by Routledge

Consolidation activities such as mergers and acquisitions (M&As) have been one of the major strategies adopted by Indian firms to withstand global competition. M&As experienced a substantial increase in value and volume during the post-liberalization era, facilitated by the presence of foreign subsidiaries in the Indian market as well as competitive pressure on domestic firms. The... Read more

Contents





List of Tables and Figures







Abbreviations





I





Introduction







1.1



Introduction







1.2



Why Firms are Crossing Borders?







1.3



Opportunities and Challenges from Consolidation







1.4



Emerging issues…









References









Tables and Figures





II





Concepts, Evolution and Policy Points







2.1



Concepts of Mergers and Acquisitions







2.2



Mergers and Acquisitions in History: The Case of USA and UK







2.3



Government Intervention: Merger Regulations in India







2.4



The Deal Shaping Process









References









Tables and Figures





III





Cross-border Deals: Extent, Nature and Structure







3.1



An Overview of Global Scenario







3.2



Industry-wise Intensity of Cross-border Deals







3.3



Nature and Significance of Indian Deals







3.4



Foreign Acquisition of Indian Firms Abroad







3.5



Issues for Research









References









Tables and Figures





IV





M&As and Technological Performance







4.1



M&As and Innovation Creation







4.2



Innovation Concerns in the Competition Act







4.3



Data and Methodology







4.4


Biography

Beena Saraswathy is Assistant Professor at the Institute for Studies in Industrial Development (ISID), New Delhi. She has completed MPhil in Applied Economics and Doctoral Degree in Economics from Centre for Development Studies, Thiruvananthapuram, Kerala (Jawaharlal Nehru University, New Delhi). Before joining ISID, she had been working with Indian Council for Research on International Economic Relations (ICRIER) and Competition Commission of India (CCI) under the Ministry of Corporate Affairs (MCA), Government of India (GOI). Her research interests include market competition, mergers and acquisitions, the pharmaceutical industry, business groups in India and contemporary development issues.