In 2023, Indian equities experienced a stellar bull run, outshining all emerging market counterparts. The robust secondary market presented PE and VC firms with a golden opportunity for profitable exits, thanks to a consistent influx of flows, notably from DIIs. Consequently, 2023 witnessed record-breaking PE and VC exits via secondary markets in India’s equity history. In total, 78 companies saw PE exits, totalling Rs 975 billion. Here are 6 such significant deals. (Source: Nuvama)
What does a rate cut after 5 years mean for the economy? Dinesh Kumar Khara explains
Dinesh Kumar Khara emphasizes that the adoption of the repo rate as an external benchmark by banks will ensure quick transmission of policy rate changes