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M&A activities plunge 51% to $83 billion in 2023: Report

The bleak global deal environment translated into fewer mega deals in 2023. As a result, there was only one deal above $3 billion — the HDFC Bank-HDFC $60.4 billion deal — compared to five deals in 2022. Accordingly, worldwide M&As fell 17 per cent to a 10-year low of USD 2.9 trillion. ....

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Brokerages bullish on HDFC Bank post steady Q1 earnings

At least five foreign brokerages, Citi, JPMorgan, HSBC, Jefferies and Morgan Stanley have either a buy or overweight call on HDFC Bank with a target price that sits upwards of Rs 2,000. ....

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