by Karan Vora | Jan 11, 2020 | Insights
Indian Economic activity remained weak in the month of August as GDP slumped to 5.0 percent in Q1 2019-20. Monetary policy committee of RBI maintained the accommodative stance and slashed the repo rate by 35 basis points from 5.75% to 5.40% in July 2019. The rate was...
by Karan Vora | Nov 7, 2019 | Insights
Government presented Union Budget 2019-20 in July amidst challenging global environment and notable slowdown in GDP growth rate of India. The chief economic advisor has set the goal in economic survey to make India a 5 Trillion $ economy by 2025. Emphasis has been...
by Karan Vora | Oct 17, 2019 | Insights, Merger & Acquisitions
Summary L&T Infotech’s takeover of Mindtree Ltd. can be considered one of the first hostile takeover in Indian History. L&T acquired 21% stake in Mindtree from an investor and eventually took complete control over the software company’s board and management by...
by Karan Vora | Oct 17, 2019 | Insights
In wake of IL&FS and banking sector crisis the Indian economy is slowing down its pace primarily due to liquidity crunch. The estimated growth rate of economy has also been revised to 7% from 7.2% in April by RBI. The Indian economy has grown by 6.8 per cent in...
by Karan Vora | Oct 17, 2019 | Debt Syndication, Financial Advisory, Insights, Private Equity & IPO
This article was published by Journal of Chartered Accountants Association in the issue of July 19 and included in the list of useful articles by The Chartered Accountant, Journal of Institute of Chartered Accountants of India in Dec 19. Link to Journal of...