Journal Press India^®

Author Details ( * ) denotes Corresponding author

The reforms process in India has helped Indian Information Technology sector to gain competitive edge in the world market. With this gain in competitive edge, IT companies experienced foreign sector led rapid organic and inorganic growth. However, the sub-prime crisis of 2008-2009 not only caused decline in the inorganic investment but also caused shift of preference from international sector to domestic sector. This study provides evidences of paradigm shift of Indian IT companies through trend and motives analysis of Mergers & Acquisitions (M&As) in the post-liberalisation period. The study also examines the long term impact of domestic M&As on financial performance through multivariate regression technique. The results of impact analysis can throw some light on the strategic acumen of Indian IT companies.

Keywords

Mergers; Acquisitions; International organisations; Information Technology Sector; Panel data models

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