Steep Valuation Likely To Hamper Balaji Wafers’ Stake Sale Plans: Reports
The deal is unlikely to happen for now as the potential investors have stopped the talks over the high Rs 40,000 crore valuation demand, reports note
Companies
FMCG
Companies
Food & Beverage.
Swiggy To Exit Rapido, Sell Stake In Rs 2,399 Cr Deal
- by BW Retail World Bureau
- September 24, 2025
Swiggy describes the move as part of a strategic effort to unlock investments and generate value for shareholders
Companies
Consumer
Reliance Industries Eyeing To Sell Its 4.9% Stake In Asian Paints: Reports
- by BW Retail World Bureau
- May 14, 2025
The reports note that the potential stake sale is expected to yield around Rs 11,141 crore
Companies
consumer
Consumer
Economy
Electronics
Reliance Emerges As Key Contender For Haier India Stake: Reports
- by BW Retail World Bureau
- April 28, 2025
The reports state that Reliance Retail is expected to drive the potential acquisition and Reliance is currently looking to pursue the deal independently, unlike others
Brands
Companies
Consumer
FMCG
Haldiram’s Enters Into Agreement With Temasek For Stake Sale: Reports
- by BW Retail World Bureau
- March 31, 2025
Reports highlight that the agreement values the company at around USD 10 billion
Uncategorized
Zomato Hit With GST Penalty Notice From Gujarat State Tax Authority
- by BW Retail World Bureau
- March 18, 2024
Online food delivery giant, Zomato, finds itself embroiled in a Goods and Services Tax (GST) penalty issue with the Deputy Commissioner of State Tax in Gujarat. The penalty stems from an audit of Zomato’s GST returns and accounts for the financial year 2018-19, highlighting an alleged excess availment of input tax credit and short payment […]
Brands
Companies
Finance
News
British American Tobacco To Sell Stake In ITC
- by BW Retail World Bureau
- March 12, 2024
British American Tobacco Plc (BAT), known for its Lucky Strike cigarettes, is poised to initiate the sale of a portion of its stake in its Indian partner, ITC, as early as this week, according to media reports. Reports suggest that London-listed BAT has been in discussions with Bank of America Corp. and Citigroup Inc. regarding […]
Brands
Companies
Finance
News
Yum Restaurants India Sells Entire 4.4% Stake In Devyani International
- by BW Retail World Bureau
- February 23, 2024
Yum Restaurants India sold its whole 4.4 per cent share in Devyani International on Wednesday for Rs 871 crore in an open market transaction. Devyani International, the Quick Service Restaurant (QSR) operator, is a franchisee of Yum Brands, which runs KFC, Pizza Hut, and Taco Bell in India. SBI Mutual Fund (MF), Axis MF, Franklin […]
Brands
Companies
Finance
News
Yum Restaurants To Exit Devyani International With Rs 815 Cr Block Deal
- by BW Retail World Bureau
- February 21, 2024
Yum Restaurants India is expected to exit quick service restaurant giant Devyani International by selling a 4.4 per cent interest in a block sale on Wednesday, according to media reports. Yum Restaurants expects to raise around Rs 815 crore from the deal, it said. The floor price for the sale has been set at Rs […]
Brands
Companies
Electronics
News
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 […]