Mergers boost domestic firms, but hit cross-border acquisitions negatively.
Mergers and acquisitions help companies grow and compete better. Indian companies are doing a lot of these deals, both in India and abroad. A study looked at how these mergers affected the performance of the companies buying other companies. They found that buying companies in India improved the buyer's financial health, but buying companies from other countries had a slightly negative impact. So, where a company is from matters when it comes to mergers.