Dear All,
The Indian economy has been resilient despite global headwinds and recessionary factors in the western markets. Covid support and the Russia-Ukraine war have triggered inflationary pressures in Europe and the US. India is also witnessing an interest rate upcycle. Interestingly, despite the challenging global macro-economic environment, M&A activity in India has remained strong with interest from global as well as domestic players. We, at Dhruva are delighted to inform you that we acted as tax advisors on several transactions during the last few months. A snapshot of some of these transactions is given below for your reference: