by Vora Corporate Finance | Jun 1, 2024 | Insights, Merger & Acquisitions
Transaction: Manipal Hospitals acquired an 87% stake in Kolkata-based hospital chain Medica Synergie for the deal valued at around Rs. 1400 Crores. This acquisition also aligns with Manipal Hospitals’ strategy of expanding its footprint and presence in Eastern...
by Vora Corporate Finance | May 27, 2024 | Insights
Secondary Market: The BSE Sensex closed at 74,483 up by 1.13% and the Nifty 50 closed at 22,605 up by 1.24% in April 2024. Foreign portfolio investors (FPIs) recorded net outflows of Rs 16,260 Crores. Conversely, domestic institutional investors (DIIs) reported net...
by Vora Corporate Finance | May 27, 2024 | Insights
Economic Update: The Monetary Policy Committee (MPC) met from 3rd to 5th April 2024 and decided to keep the policy rate unchanged at 6.50% and remain focused on withdrawal of accommodation and committed in aligning inflation to the target. RBI said that the growth has...
by Vora Corporate Finance | Apr 20, 2024 | Insights, Private Equity & IPO
Transaction: Fintech-focused software-as-a-service firm Perfios secured $80 million in funding from Teachers’ Venture Growth (TVG), a late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan (OTPP). With the fresh investment, the Perfios becomes...
by Vora Corporate Finance | Apr 20, 2024 | Insights, Merger & Acquisitions
Transaction: Biocon Biologics Limited, a fully integrated global biosimilars company and a subsidiary of Biocon Limited, today announced a long term commercial collaboration with Eris Lifesciences to expand patient access to its portfolio of Metabolics, Oncology, and...