Rediff Logo
Money
Line
Channels: Astrology | Broadband | Chat | Contests | E-cards | Money | Movies | Romance | Search | Weather | Wedding
                 Women
Partner Channels: Auctions | Auto | Bill Pay | Jobs | Lifestyle | TechJobs | Technology | Travel
Line
Home > Money > Business Headlines > Report
February 8, 2001
Feedback  
  Money Matters

 -  Business Special
 -  Business Headlines
 -  Corporate Headlines
 -  Columns
 -  IPO Center
 -  Message Boards
 -  Mutual Funds
 -  Personal Finance
 -  Stocks
 -  Tutorials
 -  Search rediff

    
      



 
 Search the Internet
         Tips
 Sites: Finance, Investment
E-Mail this report to a friend
Print this page

Speed is the key for all acquisitions: Nilekani

Kanchana Suggu in Bombay

It might have been an inappropriate time to talk about mergers and acquisitions, but Infosys is one name that can manage to attract crowds anytime, anywhere. "Speed is the key for all acquisitions," Nandan Nilekani, managing director, president and CEO of Infosys Technologies told a room choc-a-bloc with intent listeners.

While highlighting that every company would go for mergers and acquisitions for building a globally scaleable model, acquiring technical skills, expanding the company geographically and project itself as a multicultural company with an international workforce, Nilekani said that companies must be extremely careful before taking such a decision.

"Synergy, integration and due diligence is the key to success," Nilekani asserted. He said that while companies should stick to the principle objective of maximising shareholder value, a good M&A structure should minimise operational costs, improve brand image, optimise tax conditions post-merger, maintain and enhance investor perception and also generate an engine for further acquisitions.

"Investors should buy the logic and value of what you are trying to do," Nilekani said.

SEE ALSO:

Nasscom 2001: The complete coverage

Money

Business News

Tell us what you think of this report