Globalization, according to Thomas Friedman is in to the 3.0 era. With the advent of the same, the consolidation of the industries is ramping up. Companies, with the desire to increase business offerings are merging like anything.
The recent 2 years have been the Mergers & Acquisitions years in India. Not only did we see the M & A market cross $ 1 Billion in 05-06, but its has touched $ 8000 million in the first 6 months of this calender year. And its not only in IT/ITES, but across sectors like Manufacturing, Pharma, Healthcare, Retail, Telecom, Energy, Steel.
There is a lot of employee turnover involved in it as people from different cultures and backgrounds come together. Its interestingt to know what effect it has on the Human Resources and how in turn they appreciate/depreciate the profitability of the same. I am tarcking the same.
Once the data is compiled, we can go ahead and have a look on the same.
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