Deepinder Goyal and Navil Noronha: a study in contrasting exits
And what that says about how far Eternal can push its norm-defying acts
The Ken Podcast
Lethargy isn’t really the biggest problem afflicting Indian M&As. In fact, forcing these deals to move faster may worsen other fundamental problems
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2024 was a record-breaking year for mergers and acquisitions in India, and the government seems to want to speed up the frenzy.
One of the proposals put forward by the finance minister was an overhaul of M&A regulations. She wants to introduce fast-track mergers for a range of companies, including unlisted firms and fellow subsidiaries.
But lethargy isn’t really the biggest problem afflicting Indian M&As. In fact, forcing these deals to move faster may worsen other fundamental problems. There are recent examples that show us how this can play out, such as Jet Airways’ failed revival under the Jalan Kalrock consortium.
Meanwhile, there are other incentive structures that can ensure M&As deliver great results.
Raghav Maggo explains what India’s M&A landscape needs in this week’s edition of Make India Competitive Again, as read by Brady Ng.
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