Deal Street Sees Rs. 27,000-Crore Mergers and Acquisitions in a Week

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With the markets hitting new highs almost every day and an improving business sentiment, India Inc got on to the mergers and acquisitions (M&A) bandwagon closing as many as six deals worth Rs. 27,153 crore in just seven days. The deal makers are expecting more such “frenzied” weeks and months ahead with domestic deals overshadowing both outbound and inbound deals due to the rising market sentiment.

On the TechM deal, Greyhound Research‘s Sanchit Vir Gogia said the acquisition makes the Mahindra firm the largest player in the network services space among IT services firms in the country.

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