How to profit from India's M&A battle

India's firms need to grow quickly in 2007 - and the easiest way is through acquisitions. Competition is likely to be intense, so buying into potential targets now could mean big profits. We pick the best bets.

India's firms need to grow quick in 2007 and the easiest way is through acquisitions. But there will be plenty of competition, says Rohit Chawdhry of New Delhi-based Oxus Investments. Buy into the targets to profit from the trend

Mergers and acquisitions (M&A) were big news for India in 2006, and in 2007 that should continue. Tata Group's battle with Brazil's CSN for UK steel giant Corus is still bubbling away, while the latest story to hit the headlines is Vodafone's bid for India's fourth-largest mobile group, Hutchison Essar, that some analysts think could fetch up to $20bn.

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