by Vora Corporate Finance | Aug 6, 2021 | Insights
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...
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 | 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...
by Vora Corporate Finance | Jul 9, 2021 | Financial Advisory, Insights, Merger & Acquisitions, Private Equity & IPO
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...
by Vora Corporate Finance | Jul 3, 2021 | Financial Advisory, Insights, Merger & Acquisitions
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...