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Do you anticipate an easing of regulations and a diluting of Sarbanes-Oxley by the current political...

Do you anticipate an easing of regulations and a diluting of Sarbanes-Oxley by the current political administration? If so, how will that impact you acquisition going forward?

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Answer #1

Yes, it it quite anticipated that easing of Regulations and SOX Act by the current political administration will be done shortly. It is because there is requirement of accelerating new businesses and to offer policies which faicilitate Ease of Doing Business.

The current rules are quite stringent and needs relaxation for further growth and development.

For Acquisition going forward, it will benefit the business community at large. Better policies will create free business environment in the economy which will also benefit the ultimate consumers. Foreign Trade would also get a boost which will strengthen the Foreign Exchange Reserves and Balance of Payment situation.

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