July 21 - MoneyControl.com - According to a study by Accenture Ireland, the M&A activity has fallen off significantly. But India has managed to sail through despite the global fall. CNBC-TV18's Shreen Bhan spoke exclusively to corporate honchos from India Inc and from Accenture.
According to Peter Smyth, Lead, Accenture Ireland, there has been quite a significant fall off in the level of merger and acquistion activity. The Q1 stats for 2008 have seen a 24% drop in the value of M&A Activity, he said."We saw a fall in March 2008 of 40%, so the trend is getting much steeper," Smyth said. Read More.
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