
India Inc’s deal volume fell 54% in Feb: Grant Thornton
With this, India Inc has recorded the second-lowest deal volumes and lowest values since 2014.
With this, India Inc has recorded the second-lowest deal volumes and lowest values since 2014.
During the month under review, the deal volumes declined by 62% with 26 mergers and acquisitions valuing at $311 million owing to the volatile market conditions.
The highest number of IPO listings in November coincidentally aligns with strong rally in secondary market as the BSE Sensex and NSE Nifty touched their respective fresh all-time highs.
The final award of the Singapore International Arbitration Centre (SIAC) in the Amazon petition is expected to decide the fate of the RIL-Future deal.
PE to acquire 72.56% in Shapoorji Pallonji Group firm; entity to be listed after demerger.
SPAC, or Special Purpose Acquisition Company, has become an attractive road for startups to gain entry into the U.S. public market via a reverse merger. But this route has its own challenges.
With Lakshmi Vilas Bank in its fold, the foreign bank’s branch count jumps over 18 times. But the merger could also open up a potential Pandora's box.
An extract from the forthcoming book ‘Pandemonium: The Great Indian Banking Tragedy’ gives a behind-the-scenes glimpse of how the Modi government’s ambitious bank merger plans unfolded.
According to Refinitiv, investment banking revenues in India fell 33.6% in the first quarter of 2020 to $222 million from a year ago, the lowest since 2016 ($112.9 million).
Info Edge (India) CEO Oberoi says the company has focused on innovation, diversification and acquisitions to achieve scale in the digital world.