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Deal Street remained almost deserted in 2019

The domestic deal-making activities were hit by weak corporate governance and a huge liquidity crunch in 2019, while the global deals were also hard to come by due to various factors including uncertainties caused by the US-China trade war, which left many investors in a wait-and-watch mode. Illustration: Uttam Ghosh/Rediff.com Merger and acquisitions seem to have become a big casualty of corporate debt distress as India Inc learnt it hard way in 2019 that their first priority was to meet ... Rediff.com, 1 month ago
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