India's New SOP Speeds Up M&A Approvals

Imagine companies want to merge or split.

Getting the government's OK used to take a long time.

Now, there's a new, faster process.

Instead of months, it should take about a week to get the first approval.

This is good!

But, it's still not a quick process.

It still requires going to a special court, which takes time.

Also, the new rules are very strict.

Companies only get a few chances to fix any mistakes.

If they miss the deadline, they could be penalized.

While it will speed things up, there's also worry it may still create delays if anything goes wrong.