Adani, JSW race ahead with billion-dollar projects

Top companies' growth to be fuelled by ongoing projects

Premium

As economists predict the Indian economy to slow down, companies are going back to the drawing board

Dev Chatterjee Mumbai

4 min read Last Updated : Jun 05 2020 | 10:56 PM IST

After a series of M&As in the past six years, top Indian business houses led by the Tatas, the Birlas, Adani and JSW groups are now taking a pause on M&As and will be focusing on to finish the projects in hand worth billions of dollars.

Bankers said in the past six years, the Tatas acquired companies worth Rs 67,601 crore, JSW group acquired assets worth Rs 36,628 crore (excluding Bhuhan Power) while the Adani group bought twenty assets spending Rs 68,000 crore. The total merger and acquisitions by the Aditya Birla Group – including Vodafone, Idea merger and Aleris

Topics : Coronavirus Lockdown India Inc Merger and Acquisition

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in