Corporate Restructuring is a tool to catapult value to the organization as well as to the investors which ultimately leads to the building up of quality-listed-stocks on the bourses. In fact, there are earnest motives, driving influencers as well as critical deterrents which influence the dynamics of "Corporate Restructuring" which is known as M&A in the generic terms. This article surfs into these aspects with the Indian specifics. These days Corporate Restructuring in India is on its climax, both in the private and public sectors. The much talked about "Business Process Outsourcing" (BPO) has knocked the doors of the Indian corporates leading to several acquisitions by them, domestic as well as overseas.

On the acquisition of TransWorks by Indian Rayon, Kumar Mangalam Birla, Chairman of Aditya Birla group said, "We are excited by the potential of the BPO sector and are very pleased to have TransWorks joining the group. This acquisition will also synergize, support and leverage Indian Rayon's existing thrust in the IT services sector in particular and the services sector in general." In few yester weeks, corporate India has witnessed a flurry of corporate restructuring activity. Out of which few niche events have been the top stories in the electronic and print media. The same are precisely recapped as under:

The acquisition of cement division of Larsen & Toubro Ltd. (L&T) by Grasim Industries Ltd., a Birla group company, has also created history. The driving influencers of the transactions were quite obvious. For Grasim, the transaction provides a controlling interest of cement capacity, the opportunity to create a synergy between the cement operations of Grasim and CemCo, the demerged cement division of L&T, and strengthen its ability to compete against multinational companies in the Indian market. For L&T's shareholders, the creation of two listed entities, the demerged L&T and the CemCo, will create a long-term value, with a possible re-rating of the demerged L&T as a focused engineering and technology company. In this deal, the better valuation has helped Grasim to acquire the management and control of the L&T's cement business.