Nomura India Business Resumption Index a tracker of economic activity increased for sixth consecutive week to 91.3 for the week ending on July 4th from 86.3 showing that the business activity is rebounding very quickly after the second Covid wave. Government has come...
Transaction: PharmEasy has signed a definitive agreement to acquire a majority stake in diagnostics firm Thyrocare Technologies Limited. Thyrocare Technologies Limited has agreed to sell approximately 66.14% of its equity share capital equivalent to 3,49,72,999 equity...
Indian economy’s recovery pace moderated in Aprilon account of 2nd Covid 19 wave with record infections. Markets remained stable in this month but two IPOs were listed at discount. Key Deals include BYJU’s to acquire Aakash, Piramal to acquire Hemmo...
IIP numbers of April demonstrate that Indian Economy has remained resilient to Covid-19 2nd wave. At the same time, the stock markets have remained bullish in the month of May. Key Deals include New Mountain Capital backed Aceto acquiring Finar Limited, Adani Green...
Transaction: Adani Green Energy Limited (AGEL) signed share purchase agreements for the acquisition of 100% interest in SB Energy Holdings Limited (SBEHL) from SoftBank Group (80%) and Bharti Group (20%). The transaction is for a fully completed enterprise value of...
