In an interview to CNBC-TV18, Harpreet Singh Malhotra, CMD of Tiger Logistics said that margins in logistics are not high due to dependence on other service providers.
The year 2015 was itself a record breaking year with deals worth USD 199.6 billion by way of 690 deals.
The current market volatility and headwinds in secondary market may delay the pace of IPO launches, S Ramesh, MD and CEO of Kotak Investment Banking.
Though the net value – USD 35.1 billion— declined 4.8 percent compared to the previous year, private equity-backed M&A deals rose 129 percent to USD 6.8 billion driven by deals in the High technology sector, according to a Thomson Reuters report.
Ajay Arora of EY thinks the outbound M&A activity in 2016 for oil and gas, and pharma space is likely to be strong but could be muted in the auto, manufacturing and power equipment space.
In a report by Thomson Reuters, the whole activity of mergers and acquisitions (M&A) that have taken place in the first 6 months of this year has declined by nearly 25 percent, touching the lowest level since 2009.
In an interview to CNBC-TV18, Harish HV, Partner, Grant Thornton reviews major merger and acquisition (M&A) deals in 2014 and shares his expectation on the same.
Excluding internal mergers and restructuring deals, the M&A deal value so far this year increased by 32% compared to the same period a year ago, according to global assurance, tax and advisory firm, Grant Thornton.
India first met the General Anti-Avoidance Rule or GAAR in the Direct Taxes Code Bill, introduced in parliament on August 30, 2010. But before the Bill could become law, GAAR did; hurried along by then Finance Minister Pranab Mukherjee in the 2012 Budget.