by Vora Corporate Finance | Oct 26, 2024 | Insights
Union Budget 2024-25: Finance Minister (Nirmala Sitharaman) presented the first budget of BJP led NDA government’s third term and as per expectation continued the sustainable economic development goals in pursuit of ‘Viksit Bharat’. It focused on nine priorities:...
by Vora Corporate Finance | Jul 9, 2024 | Insights
World Environment Day – 5th June, 2024. All over the world, ecosystems are threatened, this is why World Environment Day 2024 focuses on land restoration, halting desertification and building drought resilience under the slogan “Our land. Our future. We are...
by Vora Corporate Finance | Jul 8, 2024 | Insights, Private Equity & IPO
Transaction: Morgan Stanley PE fund, invested INR 500 Crores for a minority stake of 23% stake in Hyderabad Institute of Oncology Private Limited (Omega Hospitals), valuing the hospital chain at more than Rs. 2100 Crores. It will support the ambitious plan of Omega...
by Vora Corporate Finance | Jul 8, 2024 | Insights, Merger & Acquisitions
Transaction: Adani owned Ambuja Cements Limited enters into binding agreement for the acquisition of Hyderabad-based Penna Cement Industries Limited (PCIL) at an EV of Rs. 10,422 Crore. Ambuja will acquire 100% shares of PCIL from its existing promoter group P Pratap...
by Vora Corporate Finance | Jul 8, 2024 | Insights
Secondary Market: The BSE Sensex closed at 79,033 up by 6.86% and the Nifty 50 closed at 24,011 up by 6.57% in June 2024 thriving the Indian stock market on a record-setting spree driven by positive sentiment, with RBI projecting 7.2% growth and strong 5G auction...