BiziNation # 20: Mergers Galore

We are back after getting stuck in a rather unhealthy habit of not being on time. The last month was plump with a number of mergers and acquisitions on a national and an international scale. Spice married Idea in the telecom sector. On the global front, Anil bhais ADAG and MTN, the South African telecom giant are contemplating a merger of sorts, but Mukesh Ambani comes in his younger bro's way yet again. Ranbaxy, the Indian pharmaceutical major has been acquired by its Japanese Counterpart, Daiichi Sankyo in a landmark deal. This season, in India, as the rains pour, so do the mergers.