The second level of due diligence is being carried out. The four funds are in talks with the company management to purchase a controlling stake, said one of the bidders. The company has appointed investment banks Kotak Mahindra Capital Co and Axis Capital to look for buyers. The pricing power has
1.50 PM Jan 16th
Growth of bank credit fell to a multi-decade low of 5.1% for the fortnight ended Dec 23.SBI chief economist Soumya Kanti Ghosh said credit growth was the lowest in over 60 yrs.According to Jefferies India, an investment bank, credit growth could slip to 6% in FY17.
8.33 PM Jan 7th
it doesn`t matter what you think. you can see the history of my calls. i perform the trade and them post on here. i made the call that this would hit 290, it did. then i said it would go to 335/350. it did. so if you think i sold at 310.. that`s up to you. i worked in an investment bank, i`ve made
3.20 PM Dec 16th 2016
At a time when many sectors are in distress due to the demonetisation drive it is important to assess the deal environment. V Jayshankar of Kotak Investment Banking says, primary market pipeline has been strong and there will be pick-up from February onwards. Also, M&A pipeline continues
1.33 PM Dec 13th 2016
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