The optimism around vaccines has led to gains in stock markets. Economic activity index (EAI) estimates real GDP growth of Q3: 2020-21 at 0.1 per cent. IPOs of Mrs. Bectors Food Specialities Limited and Burger King India Limited came in the month of December 2020 and were listed at high premiums.
Merger & Acquisition deals include Genworks acquiring in-vitro unit of Iris Healthcare as well as Apax partners acquiring 3i Infotech’s software products business. There was one key Private Equity deal of Zomato raising $660 million in an investment round.
