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ANALYSIS - INDIAN FIRMS ENJOY ACQUISITIONS SPREE IN 2004.


MUMBAI, Dec 29 Asia beating [i]or[/i] throbbing of an artery - The year 2004 was the time for acquisitions, with the Indian corporate sector engaging in a buying wassail spurred by the quest for globalisation and buoyant upon robust market conditions.

An push to offer cost-competitive products one as well as the other in domestic and international markets and shore-up resources were also the reasons for lapping up overseas companies.

The Tata cluster was on the forefront of acquisitions with sum of two units major deals - ...


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