by Vora Corporate Finance | Sep 12, 2022 | Registered Valuers
Trends in Secondary Markets: BSE Sensex was bearish and closed at 55,566 points in May 2022 down by 2.62%. Nifty 50 closed at 16,585 that is 3.03% correction in the month of May. The correction was on account of raising of interest rates by RBI, inflation concerns and...
by Vora Corporate Finance | Sep 12, 2022 | Insights
Economic Update: The Monetary Policy Committee (MPC) of RBI in its meeting on 8th June decided to Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 4.90 per cent. Consequently, the standing deposit facility (SDF) rate...
by Vora Corporate Finance | Sep 12, 2022 | Private Equity & IPO
Transaction: Biofourmis, a healthtech startup announced that it has become a unicorn with $300 Million Series D investment, at a valuation of $1.3 Billion, led by leading global private equity firm General Atlantic. CVS Health (NYSE: CVS) and existing investors also...
by Vora Corporate Finance | Sep 12, 2022 | Merger & Acquisitions
Transaction: In one of the largest deal of Indian financial sector (provided that it is approved by RBI) Board of Directors of HDFC Limited (HDFC) and HDFC Bank Limited (HDFC Bank) announced a scheme of amalgamation of: (i) HDFC Investments Limited and HDFC Holdings...
by Vora Corporate Finance | Sep 12, 2022 | Registered Valuers
Trends in Secondary Markets: BSE Sensex started bullish in the month of April and crossed 60,000 points on 5th April, however it soon corrected and closed at 57,601 in April end 2022, down by 2.57% in the month. Nifty 50 closed at 17,103 that is 2.07% correction in...