by Vora Corporate Finance | Jan 5, 2024 | Insights, Merger & Acquisitions
Transaction: Fortis Healthcare Ltd has announced that it has agreed to sell Fortis Malar Hospital (known as Malar Hospital) in Adyar, Chennai, and adjacent land parcels to MGM Healthcare Pvt. Ltd for a sale consideration of about Rs. 128 Crores. The transaction...
by Vora Corporate Finance | Jan 5, 2024 | Insights
Secondary Market Update: The Indian stock markets continued their rally with Nifty 50 and Sensex gaining 5.52% at 20,133.15 and 4.87% at 66,988.44 respectively. The surge comes on the back of positive market sentiment driven by better-than-expected GDP growth in the...
by Vora Corporate Finance | Jan 5, 2024 | Insights
Real gross domestic product (GDP) grew year-on-year (y-o-y) by 7.6% in Q2:2023-24, much higher than the RBI Monetary Policy Committee’s (MPC) earlier projections. The rise in GDP growth was supported by government spending and robust performance in manufacturing,...
by Vora Corporate Finance | Dec 2, 2023 | Insights, Private Equity & IPO
Transaction: Zetwerk Manufacturing Businesses Pvt. Ltd, a provider of custom manufacturing services, raised $120 million in Series F funding from a consortium including Avenir Growth Capital, Footpath Ventures, Lightspeed India Partners, Greenoaks Capital, Steadview...
by Vora Corporate Finance | Dec 2, 2023 | Insights
Economic Update: India, the world’s fifth largest economy in the world, is likely to overtake Japan to become the world’s third-largest economy with a GDP of $7.3 trillion by 2030 as per projections by S&P Global Market Intelligence. The acceleration...
