July 2 - Forbes - India has been witnessing buoyancy in mergers and acquisitions activity, thanks to a robust domestic economy, relative improvement in infrastructure, unprecedented liquidity and continuation of economic reform process, according to ICICI Bank's Private Banking Research Division.
In its Global Investment Outlook report, the bank says the total equity deals struck by Indian companies have crossed 50 bln usd in 2007.
Of these, strategic mergers and acquisitions were of 46.4 bln usd, while private equity deals were worth 5.1 bln usd. Read More.
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