by Vora Corporate Finance | Jun 1, 2024 | Articles, Capital Market Updates
The Indian economy grew by tremendous 8.4% during the 3rd quarter of the FY 2023-24, beating all forecasts. GDP performance was due to strong performance of manufacturing and construction. PayTM bank engulfed in a major crisis after RBI directed it to halt all...
by Vora Corporate Finance | Jun 1, 2024 | Articles, Capital Market Updates
The finance minister presented the balanced Union Budget 2024, highlighting the healthy fundamentals of Indian economy. Government by giving a non-populist budget has shown confidence in the reform process and performance of government in last decade. There’s a...
by Vora Corporate Finance | Jun 1, 2024 | Insights, Merger & Acquisitions
Transaction: Manipal Hospitals acquired an 87% stake in Kolkata-based hospital chain Medica Synergie for the deal valued at around Rs. 1400 Crores. This acquisition also aligns with Manipal Hospitals’ strategy of expanding its footprint and presence in Eastern...
by Vora Corporate Finance | May 27, 2024 | Insights
Secondary Market: The BSE Sensex closed at 74,483 up by 1.13% and the Nifty 50 closed at 22,605 up by 1.24% in April 2024. Foreign portfolio investors (FPIs) recorded net outflows of Rs 16,260 Crores. Conversely, domestic institutional investors (DIIs) reported net...
by Vora Corporate Finance | May 27, 2024 | Insights
Economic Update: RBI, in its latest bulletin, said that while global economy is turning fragile with inflation risking global financial stability; there is a growing optimism that India is on the cusp of long-awaited Economic take-off. Recent indicators point to a...
