At $171 billion in 2022, India Inc clinches highest ever yearly M&As Domestic deals to fuel M&As in the new year as global slowdown looms :-Business Standard Dec 12,2022

 

Deal street remained busy this year with Indian companies becoming aggressive on overseas acquisitions

Aided by the $57.8-billion merger of HDFC Bank and HDFC, India Inc reported its highest ever mergers and acquisitions in calendar 2022 at $171 billion as against deals worth $145 billion announced last year.