Corporate sector in India undergoing structural changes as a result of liberalisation, privatization and openness policies of the Government since early 1990s. Competitive pressures are high not only due to deregulation but also due globalisation. Along with the rise in the number of Merger and Acquisition (M & A) deals, the amount involved in such deals has risen over time. There is also an increase in the number of open offers, albeit at a lower ...
