by Vora Corporate Finance | Oct 7, 2023 | Insights, Private Equity & IPO
PE: Walmart buys $1.4 Billion Tiger Global stake in Flipkart Transaction: Tiger Global and Accel sold a remaining 5% stake in Flipkart to Walmart, as reported by various media outlets. Flipkart was reportedly valued at $38 billion in the latest transaction, higher...
by Vora Corporate Finance | Oct 7, 2023 | Insights, Merger & Acquisitions
M&A: Reliance Industries to demerge its financial services business into Reliance Strategic Investments. Transaction: Jio financial services (JFS), demerged entity of Reliance Industries Ltd. (RIL), is set to be listed on the stock exchanges. The price of JFS’s...
by Vora Corporate Finance | Oct 7, 2023 | Insights
Secondary Market Update: Indian Indices hit all time high with Nifty 50 gaining 2.88% and Sensex gaining by 2.80% at 19,753.80 and 66,527.67 respectively. The market capitalization of BSE-listed firms reached an all-time high of Rs 303.59 lakh Crore as investors...
by Vora Corporate Finance | Oct 7, 2023 | Insights
Fitch downgrades US Long term rating to AA from AAA Fitch Ratings has downgraded the United States of America’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘AA+’ from ‘AAA’. While Fitch notes that several structural...
by Vora Corporate Finance | Aug 10, 2023 | Insights, Private Equity & IPO
Transaction: AMP Energy has now secured up to USD 250 million from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank) to fund the growth of the company. About AMP Energy India...
