Corporate Restructuring and its Effect on Economic Value Added of Some Select Indian Companies – A Study

The process of mergers and acquisitions has gained substantial importance in today's' corporate world and used extensively for restructuring the business organizations. The increased competition in the global market has prompted the Indian companies to go for mergers and acquisitions as an important strategic choice. Indian corporate enterprises are refocusing in the lines of core competence, market share, global competitiveness and consolidation. The immediate effects of the mergers and acquisitions have also been diverse across the Indian IT and ITeS and other sectors of the Indian economy which have proved their potential in the global market. Increased participation of the Indian companies in the global corporate sector has further facilitated the merger and acquisition activities in India. The present paper is an attempt to understand the Economic Value Added and its effect due to the merger of some of the selected Indian companies.