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Whirlpool To Sell 24% Stake In Indian Unit For Up To $451 Mn

Appliance maker Whirlpool is selling a 24 per cent stake in its Indian unit this week for up to USD 451 million via stock market deals, according to a term sheet seen by Reuters, amid record stock markets in the country. Whirlpool plans to sell the stake at a price of Rs 1,230, a 7 […]

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What’s Up With Paytm Stock As RBI Repeals The Unicorn’s Horn?

The RBI has restricted Paytm Payment Banks from taking any further deposits or credit transactions which results in 55 per cent loss to the Paytm stocks One of the first unicorns of the Indian startup ecosystem, Paytm, which operates under the umbrella brand One97 Communication, was hit by an unexpected whip from the country’s central […]

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Tata Motors Posts YoY Sales Increase In December

Tata Motors noted a 4 per cent year-on-year (YoY) surge in its total domestic sales for December 2023, reaching 76,138 units compared to 72,997 units in the same month of the previous year. The Mumbai-based automotive giant also reported a marginal increase in its overall sales during the third quarter of the current financial year, […]

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