Latest Updates Around The World
Shares of Whirlpool of India will be in focus on Monday, December 8, after takeover talks between global private equity firm Advent International and Whirlpool Corp collapsed, a Reuters report said.Discussions focused on acquiring a 31% stake in Whirlpool of India for up to $1 billion. Under Indian regulations, this would have led to a […]
Markets hit new record highs — 26,325.80 on the Nifty and 86,159 on the Sensex — on Friday before giving up gains to close marginally lower as weakness in pharma and financial stocks outweighed support from the auto and IT sectors. The Nifty settled at 26,175.75, down 27.20 points (0.10%), while the Sensex fell 64.77 […]
Indian promoter Whirlpool Mauritius Limited is likely to sell a 7.5% stake, representing 95 million shares in the company, in a block deal. The company has likely set the floor price at Rs 1,030 per share, while the deal is valued at Rs 965 crore.News of a likely stock sale was reported today by CNBC […]
Indian shares ended October on a subdued note, snapping a four-week winning streak, while benchmark indices closed marginally lower amid profit booking and mixed global cues. The tone remained largely positive and volatile throughout the first three sessions; However, profit-taking in the latter part of the week erased early gains and pushed the indices close […]
