Mergers and acquisitions (M&As) are strategic decisions taken for maximization of a company's growth by enhancing its production and marketing operations. They are being used to gain strength, expand the customer base, cut competition or enter into a new market or product segment. When globalization of the Indian economy was started in 1991, it was believed that it would mean foreigners not only doing business in India but also taking over Indian companies. However, integrating the Indian economy with rest of the world has proved to be a two-way experience. Presently, Indian companies are not only doing business abroad but there are many instances of their taking over foreign companies with a very significant value which shows the vision strategy and dominance of Indian corporates in the global market. In post-liberalization era, Indian corporate sector has experienced a boom in M&As led restructuring strategies, mainly due to the presence of subsidiaries of big MNCs here as well as the pressure recorded by such strategies on the domestic firms. Finance, Aluminium, Drugs & Pharmaceutical, Telecommunication, Textiles, Electrical machinery, Tea etc are the major sectors in which it has been occurred