Transaction: Sony Pictures Networks India (SPNI) and Zee Entertainment Enterprises Ltd. (ZEEL) announced that they have entered into an exclusive, non-binding term sheet to combine both companies’ linear networks, digital assets, production operations and program...
Domestic economy has started normalizing with the receding of the second wave of Covid -19 and the phased reopening of the economy as GDP grows 20% YOY in Q1FY21. Indian equity markets have remained bullish in the month of August. Key M&A and private equity deals...
Transaction: Adani Road Transport Limited (‘ARTL’), a wholly-owned subsidiary of Adani Enterprises Limited, has signed a definitive agreement with Sadbhav Infrastructure Project Limited (‘SIPL’) for acquisition of Maharashtra Border Check Post...
Core Industries posted modest growth in June with the tapering of the Covid-19 wave. GST numbers of July are also robust. However, inflation has remained above benchmark for consecutive second month. Stock markets stayed bullish and Realty sector saw a 10-year high in...
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...
