by Vora Corporate Finance | Jul 4, 2024 | Insights, Merger & Acquisitions
Transaction: Arpwood Partners has entered into an agreement to acquire majority stake in Sitara for infusion of equity capital of Rs. 680 crores for financing its business growth. The existing investors including Investors including Abler Nordic, Oikocredit, RNT...
by Vora Corporate Finance | Jul 4, 2024 | Insights
Secondary Market: The BSE Sensex closed at 73,961 down by 0.70% and the Nifty 50 closed at 22,531 down by 0.33% in May 2024 ending lower as US treasury yields climb. Market sentiment was impacted by escalating tensions in West Asia and investor anxiety ahead of next...
by Vora Corporate Finance | Jul 1, 2024 | Insights
General Election 2024: Return of the coalition Government NDA, led by Narendra Modi, will make the record bid to comfortably form the central government third time in a row, a record earlier held only by Jawaharlal Nehru in 1962. However, BJP loses the majority of its...
by Vora Corporate Finance | Jun 1, 2024 | Articles, Capital Market Updates
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. The BSE Sensex closed at 73,651 up by 1.59%...
by Vora Corporate Finance | Jun 1, 2024 | Articles, Capital Market Updates
The finance minister presented the balanced Union Budget 2024, highlighting the healthy fundamentals of Indian economy. Government by giving a non-populist budget has shown confidence in the reform process and performance of government in last decade. There’s a...