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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.
“The primary M&A transaction happened in the energy and natural resources sector plus the media and entertainment, he said, adding that Reliance’s investment in Hathway and Den were the two large transactions in the media and entertainment sector.
Sequeira Energies acquisition was a large enough transaction in the energy and natural resources sector.
Similarly, on the PE/VC side, the larger transactions have been the investments into OYO Rooms where it has gained a unicorn status."
Director, Grant Thornton India LLP
This article appeared in CNBC TV18 on 13th November, 2018.
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