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, Merger & Acquisitions
M&A: Blackstone acquires controlling stake in CARE Hospitals and KIMS Hospitals Transaction: US-based private equity major Blackstone said on Monday it had completed the acquisition of a 72.5 per cent stake in Quality Care India Ltd (QCIL), which operates a...
by Vora Corporate Finance | Dec 2, 2023 | Insights
Secondary Market Update: Markets corrected on account of growing fears of global inflation and an economic downturn, concerns about the lackluster corporate earnings of Indian companies and rising geopolitical tensions in the Middle East. Nifty 50 lost 2.84% and...
