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Merger and Acquistion

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Merger and Acquistion
Mergers, Acquisitions and Takeovers in Indian Civil Aviation: A Critical Analysis
By : Shubha Rathore Bhatia

TABLE OF CONTENTS

INTRODUCTION OVERVIEW REGULATIONS GOVERNING MERGERS & ACQUISITIONS IN INDIA AVIATION INDUSTRY AND ITS CLASSIFICATION IN INDIA MERGERS AND ACQUISITIONS: FACTORS, CONCERNS AND MAJOR ISSUES BASICS OF DOMESTIC AIR TRANSPORT POLICY CASES OF AIRLINE M & A IN INDIA CONCLUSION BIBLIOGRAPHY

Introduction Mergers and acquisitions ("M&A") are strategic decisions taken for maximization of a company 's growth by enhancing its production and marketing operations. They are being used in a wide array of fields in order to gain strength, expand the customer base, cut competition or enter into a new market or product segment. Aviation sector is one of the least researched sectors in India as it has limited number of players. However, as the sector is growing rapidly, it becomes essential to have knowledge about the sector and the activities which are taking place in the sector. The aviation market and scenario in India has seen major developments in the last 5 years. Not merely has the market grown very rapidly, but the industry has seen, M&A, the entry of a number of new carriers with aggressive pricing policies and significant additions of capacity leading to cutthroat competition. This assignment makes an attempt to give a brief overview of the meaning of M&A, and the regulations dealing with the same in India.It then tries to comprehensively deal with the Aviation Industry in India and M&A in the aviation sector. Finally, it offers few important cases dealing with M&A in the said sector both at domestic and international front.

Overview Merger A merger is a combination of two or more businesses into one business. Laws in India use the term 'amalgamation ' for merger. It is a process where one company blends with another company (both being existing companies and carrying on business), provided that following conditions are met with: • • • All



Bibliography: 1. www.psalegal.com 2. www.aai.aero 3. www.civilaviation.nic.in 4. www.dgca.nic.in/rules/rule-ind.htm 5. www.indianmba.com 6. http://finance.mapsofworld.com/merger-acquisition/airline.html 7. http://www.cci.gov.in/images/media/articles/AirlineMergers_20080409111614.pdf 8. http://home.airindia.in/sbcms/webpages/merger-of-airindia-and-indian.aspx 9. http://www.jetairways.com/EN/IN/PressReleases/Jet_Airways_and_Sahara_Airlines_ Con.aspx 10. http://www.flykingfisher.com/media-center/in-the-news/the-ub-group-to-makesignificant-investment-in-air-deccan.aspx

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