"Despite the government's effort to revive sentiments, market performance remained muted due to global and domestic growth concerns. There was a steep decline in the M&A deal activity in third quarter 2019 with total values dropping by more than half as compared to Q3 2018, largely driven by a 71 per cent fall in cross-border deal values,"

Pankaj Chopda
Director, Grant Thornton India LLP

This article appeared in Business Today on 23rd Oct, 2019.