Proposed amendment to Indian law is not sensible
Also, the whole process of notification will take any where between 30 to 210 days. The industry fears a loss of competitive edge during the gestation period. Evidently, global M&A activity could be substantially hit. Jyoti Vij, Director (Financial sector & corporate law), FICCI, said to B&E, “There is a genuine concern in the industry (in India & abroad) as it is not clear what all is in the ambit of the amendments and how things like group consolidation and takeovers will be affected.”
M&As have the potential to bring positive gains to the Indian domestic industry through transfer of technological & business expertise. Concerns relating to foreign companies engaging in M&As might be genuine, but such an amendment will surely prove to be the wrong way to address it. Guess India must search for better ways to exercise its global clout than this!
Also, the whole process of notification will take any where between 30 to 210 days. The industry fears a loss of competitive edge during the gestation period. Evidently, global M&A activity could be substantially hit. Jyoti Vij, Director (Financial sector & corporate law), FICCI, said to B&E, “There is a genuine concern in the industry (in India & abroad) as it is not clear what all is in the ambit of the amendments and how things like group consolidation and takeovers will be affected.”
M&As have the potential to bring positive gains to the Indian domestic industry through transfer of technological & business expertise. Concerns relating to foreign companies engaging in M&As might be genuine, but such an amendment will surely prove to be the wrong way to address it. Guess India must search for better ways to exercise its global clout than this!
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
For More IIPM Info, Visit below mentioned IIPM articles.
2012 : DNA National B-School Survey 2012
Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
