MUMBAI : Deal numbers, including private equity investments and mergers and acquisitions, touched a decadal high for any month at 161 in April, even as the country faced the second wave of the COVID-19 pandemic, a report said on Tuesday.
The total value of the transactions in April stood at over USD 13 billion, the report by Grant Thornton, a consultancy, said, pointing out that domestic M&A transactions led the pack by reporting over 30 transactions aggregating to USD 5 billion.
Even though the second wave started earlier, the infections rose very fast across large parts of the country in April and the country has reported 4 lakh new infections and 4,000 deaths a day.