New Delhi: Indian M&A space saw deals worth of US$ 19.2 billion by way of 178 transactions take place as compared to 156 deals worth of US$ 17.2 billion in the same period last year, witnessing a growth of 11.4 per cent. Outbound M&A also increased as Indian companies spend US$ 925 million abroad since the beginning of 2015, a 38 per cent growth compared with US$ 650 million in the first half of 2014.The momentum is likely to continue in the latter half of the year as a result of government's actions on key policy issues and reforms like the Companies Act, Institutional Trading Platform (ITP)for tech start-ups and unblocking of stalled projects – all of which have improved the 'ease of doing business'.
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