ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Corporate Takeovers The Indian Situation

S Kumarasundaram The past few weeks have seen much hectic trading in the shares of Escorts and DCM, reflecting purchases of shares of these companies by non-resident Indians as also defensive operations by their present managements. While the threat of takeover of these two companies has receded, the issues raised by the Escorts-DCM episode transcend the immediate circumstances surrounding the attempted take- over.

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