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Article Post-Budget Article: Impact on the Automotive Sector
The forward-looking approach adopted in the budget towards this sector has been in alignment with the government’s goals of promoting Aatmanirbhar Bharat and moving firmly towards net-zero carbon emissions by 2070, shares Saket Mehra in this insightful article in Financial Express.
"With many merger and acquisition (M&A) deals getting caught in a cross-regulatory web, there is a call for single-window clearance. Delay in such approvals is said to have hit several such deals in the recent past. When it involves listed companies, this would hit the interest of minority shareholders. Sources say the Securities and Exchange Board of India (Sebi) is among those suggesting an umbrella body for (M&A) clearance. The aim is to smoothen the process, making it time-bound."
This article appeared in Business Standard on 3rd August, 2017.
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