by Vora Corporate Finance | Dec 15, 2021 | Insights
GDP: Indian economy grow 8.4% in Q2FY22 (July-September quarter) year-on-year, crossing pre-pandemic levels. Country’s GDP increased 0.3% from that of FY20. This is a very good sign of development and means that India may have double digit growth rate in FY22. At the...
by Vora Corporate Finance | Nov 26, 2021 | Financial Advisory, Insights, Merger & Acquisitions
Transaction: AGS Health Partners, provider of revenue cycle management solutions for healthcare providers across the U.S., has acquired EZDI Solutions India. EZDI Solutions India provides computer-assisted coding (CAC) to support healthcare providers with revenue...
by Vora Corporate Finance | Nov 26, 2021 | Financial Advisory, Insights, Merger & Acquisitions
Transaction: Tata group’s holding company, Tata Sons through its wholly-owned subsidiary Talace Pvt Ltd submitted a winning bid of Rs.18,000 Crore as the Enterprise Value of Air India. Air India has a total debt of Rs.61,562 crore, out of that Rs.15,300 crore will be...
by Vora Corporate Finance | Nov 26, 2021 | Financial Advisory, Insights
BSE Sensex went up by 0.31% to close at 59,307 in October 2021 as against 2.74% to close at 59,126 in September 2021. Nifty 50 closed at 17,672 by 0.30% higher from 17,618 in September closing. Sensex went down to 59,307 in October 2021 after hitting the 60,000 mark...
by Vora Corporate Finance | Nov 26, 2021 | Insights
The Index of Industrial Production (IIP) slipped to 3.1% in September after witnessing a growth of 11.9% on August 2021. While the slippage was mainly due to the waning low base effect, setbacks in automobiles sector due to chip shortage and electronics sectors were...