Private equity and venture capital deal flow continued an upward trajectory during the week-ended Friday as it regained $100-million mark after a tepid last week.
Mergers ..
TV18 Broadcast and e-Eighteen.com Ltd will be merged with Network18, the companies said through separate exchange filings. Following this, shares of both companies plunged in trade on Thursday.
The Reserve Bank of Indias rate-setting panel, the Monetary Policy Committee (MPC), is likely to keep the repo rate unchanged at 6.5% for the fifth consecutive time, shifting its focus on liquidity tightening, according to some economists. The market capitalisation of all listed companies on BSE increased by Rs 1.32 lakh crore to Rs 350.17 lakh crore.