by Vora Corporate Finance | Nov 14, 2022 | Articles, Capital Market Updates, Merger & Acquisitions, Private Equity & IPO
India has crossed UK to become 5th largest economy of world in 75th year of its Independence. India is already third largest economy in PPP terms. With growth rate estimate of 7.2%, India will likely stay fastest growing major economy. Markets are also bullish with...
by Vora Corporate Finance | Nov 14, 2022 | Insights, Merger & Acquisitions
Transaction: Torrent Pharmaceuticals Limited (“Torrent”), one of the leading Pharma Companies in India, announced the acquisition of Curatio Healthcare India Pvt. Ltd. (“Curatio”), a manufacturer of Skincare products. Torrent has entered into a definitive agreement to...
by Vora Corporate Finance | Nov 14, 2022 | Insights, Merger & Acquisitions
Transaction: The Proposed Transaction between Innovative and Zoomcar is structured as a merger of an Innovative subsidiary a publicly traded Special Purpose Acquisition Company (SPAC) and Zoomcar. The Proposed Transaction values Zoomcar at an implied pro forma...
by Vora Corporate Finance | Nov 14, 2022 | Insights
Trends in Secondary Markets: The BSE Sensex crossed 60,000 and NIFTY crossed level of 18000 in October. The Sensex was up 3,319.67 points or 5.78% at 60,746.59, and the Nifty was up 917.85 points or 5.37% at 18,012.20. The markets chose to ignore the high frequency...
by Vora Corporate Finance | Nov 14, 2022 | Insights
Economic Update: IMF said that the Global economic activity is experiencing a broad-based slowdown with inflation higher than seen in decades. The cost-of-living crisis, tightening financial conditions in most regions, Russia’s invasion of Ukraine, and the lingering...
