Goldman Sachs & Others Buy 5% Stake In Akzo Nobel India For Rs 765 Cr
Key investors participated in the block deals, collectively acquiring 22.7 lakh shares at an average price of Rs 3,358.8 per share.
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Goldman Provides $600 Mn To Jubilant Bhartia Group To Aid Acquisition: Report
- by BW Retail World Bureau
- June 7, 2025
The report notes that this is to partially fund the equity investment required by the company for its 40 per cent stake purchase in Coca-Cola’s Indian bottling unit
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Whirlpool To Sell 24% Stake In Indian Unit For Up To $451 Mn
- by BW Retail World Bureau
- February 20, 2024
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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Ola Electric Targets $8 Bn Valuation In Landmark IPO
- by BW Retail World Bureau
- December 13, 2023
Ola Electric, an electric vehicle (EV) manufacturer in the space of electric scooters, is preparing for an initial public offering (IPO). This marks the first IPO by an Indian automaker in over two decades since Maruti Suzuki in 2003 and is slated for conclusion in the fiscal year 2024. With a target to secure between […]
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Oil Prices Rise On Tight Supply Outlook As Russia Bans Fuel Exports
- by BW Retail World Bureau
- September 26, 2023
Investors are focusing on a tighter supply outlook as oil prices rose on Monday. This comes after Moscow issued a temporary ban on fuel exports while remaining cautious about further rate hikes that could dampen demand. Brent crude futures increased by 0.5 per cent, or 48 cents, to USD 93.75 a barrel by 0110 GMT […]
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Apple’s Financial Services Venture Gains Traction As Deposits Top $10 Bn
- by BW Retail World Bureau
- August 4, 2023
Apple and its banking partner, Goldman Sachs, their high-yield savings account has now exceeded USD 10 billion in customer deposits. The deposit account, introduced in April, offers Apple Card users an attractive annual percentage yield (APY) of 4.15 per cent on their savings. The surge in customer deposits can be attributed to the competitive interest […]