Friday, November 21, 2008

'The global liquidity crunch has no doubt affected fresh FDI inflows into India'

Deal space post meltdown

The falling Sensex and the erosion of market cap may make some of the Indian companies likely targets for acquisition, primarily because a large number of the Indian blue chips have fundamentally robust business models and with falling demands in the West, companies with a thirst for expansion will have to look towards India and China, says Mr Shinoj Koshy, a London-based law expert specialising in M&A.

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