Saturday, December 27, 2008

'The evaluation of impairment is based on management’s internal assessment'

‘Grab the opportunity, but retain focus during acquisition’

Chennai, Dec. 24 We saw a few days ago how a major deal was reversed within hours. Are there lessons in this on what can go terribly wrong with a big-ticket mergers and acquisitions too quickly? “Globally, recent years have seen a rise in investor activism,” observes Mr N. Venkatram, IFRS Country Leader, India, and Partner in Deloitte Haskins & Sells, Mumbai.

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