by Vora Corporate Finance | Aug 6, 2021 | Insights
Eight core Industries rose 1.1% in June 2021 with ease of localised mobility restrictions as per data released by the industry department. Year-on-year the core sector growth was 8.9% in June 2021. India’s gross GST revenue increased to Rs.1,16,393 crore in July...
by Vora Corporate Finance | Aug 6, 2021 | Financial Advisory, Insights
BSE Sensex went up by 0.20% to close at 52,587 in July 2021. Nifty 50 closed at 15,763 higher by 0.26% from 15,722 in June closing. Foreign Portfolio Investors (FPIs) divested Rs. 11308 Crore from the Indian equity markets in the month of July. Amongst the BSE indices...
by Vora Corporate Finance | Aug 6, 2021 | Financial Advisory, Insights, Merger & Acquisitions
Transaction: Sumitomo Mitsui Financial Group, Inc. (SMFG, holding company of Japanese Bank Sumitomo Mitsui Banking Corporation – SMBC group) and Fullerton Financial Holdings Pte Ltd. (FFH) reached an agreement for SMFG to acquire a 74.9% stake in Fullerton India...
by Vora Corporate Finance | Aug 4, 2021 | Financial Advisory, Insights, Private Equity & IPO
Transaction: The Flipkart Group, India’s homegrown consumer internet ecosystem, announced that it has raised US $3.6 billion in funding. The investment values the Group at US $37.6 billion post-money. Flipkart Group: The Flipkart Group is a digital commerce entity and...
by Vora Corporate Finance | Jul 30, 2021 | Articles, Capital Market Updates, Merger & Acquisitions, Private Equity & IPO
Various data points are showing that the business activity has started rebounding after the 2nd Covid wave. There is a note on 30 years of Economic reforms led by Narasimha Rao and Manmohan Singh dueing which Indian Economy saw tremendous growth. Key deals include...
