Strategists look for scale & operational optimisation in M&A
Strategic investors derive value by bringing in much valued technical and implementation capability. Strategists are more interested in a portfolio which gives them necessary scale and possible operational optimisation that can help them drive returns.
Big push to Nuclear
The Union Finance Minister Arun Jaitley has turned his focus on to nuclear energy as a source of power generation in a bid to diversify the power sources, in his Budget 2016-17, presented on February 29, 2016.
It is estimated that the production of pumps in the country is presently of the order of Rs 1,200 crore, contributed by some one million pumps per year, produced by 500-odd manufacturers of large, medium and small scales.
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