India: As diversification hits the headlines for India Inc, here’s what equity investors should do

Strategic investments, especially mergers and acquisitions, have become the new craze India Because companies with deep pockets spend huge amounts to pursue inorganic growth. This frenzy has been seen across sectors, with recent large investments in everything from paints and cement to media and entertainment, from transportation logistics to pharma. The objective is to be at the forefront of capitalizing the emerging market opportunities. With the intention of rapidly scaling up, many companies are paying surprisingly high premium prices for acquisitions. In addition, most of these schemes are being funded…