by Vora Corporate Finance | Oct 26, 2024 | Articles
The India Economy showed resilience amidst global uncertainity during the month of April. GDP growth surged to 8.4% in Q3, driven by manufacturing, mining and construction sectors. The equity markets continued their bullish run and ended the month with the NSE Nifty...
by Vora Corporate Finance | Oct 26, 2024 | Insights, Private Equity & IPO
Transaction: Jewellery retailer Bluestone secured Rs 900 crore in a pre-IPO funding round, raising its valuation to around $970 million (approximately Rs 8,100 crore). About Bluestone Jewellery: Launched in 2011, the second-largest omnichannel jewellery retailer in...
by Vora Corporate Finance | Oct 26, 2024 | Insights, Merger & Acquisitions
Transaction: Birla fertility & IVF announced acquisition of 12 Baby science IVF clinics marking its entry into Karnataka, Maharashtra, and Tamil Nadu. About Baby Science IVF: Established in 2020, based in Bengaluru it provides fertility treatment services. It...
by Vora Corporate Finance | Oct 26, 2024 | Insights
The BSE Sensex closed at 82,366 up by 0.76% and the Nifty 50 closed at 25,235 up by 1.14% in August 2024. From a sector perspective, leading gainers were Healthcare (+6.56%), Teck (+4.58%), Consumer Durables (+4.37%), and IT (+4.27%) while Utilities (-3.79%), Realty...
by Vora Corporate Finance | Oct 26, 2024 | Insights
On 18th September, the US Federal Reserve lowered its benchmark interest rate for the first time in more than 4 years, with a bigger than usual cut. The key lending rate was reduced by 50 bps to the range of 4.75% and 5% marking the end of monetary tightening cycle....