As Akil Hirani of Majmudar & Co explains, private equity investors are bracing for regulatory changes
The promise of higher returns and opportunities for diversification drove up private equity (PE) activity in India over the last year.
According to the VCCEdge Annual Deal Roundup, the total PE investment in India in 2010 went up by 84%. However, high inflation and interest rates, volatile stock markets and political uncertainty may mean a short term decline in investment over the coming months.
Comparing the first two months of 2011 with the same period last year, PE activity fell to US$755 million from US$1.15 billion. In addition, proposed regulatory changes including the Direct Tax Code (DTC) and the Draft Takeover Regulations are likely to affect PE investment in India.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
Akil Hirani is the managing partner and head of the transactions practice at Majmudar & Co, International Lawyers, India. He can be reached at akil@majmudarindia.com.
