US global home appliances giant Whirlpool Corporation has roped in top investment bank Goldman Sachs as the sell-side advisor for the former’s proposed part stake sale in listed Indian subsidiary Whirlpool of India in a bid to fast-track growth, multiple
The Upcoming IPO: As the Indian stock market regained lost ground, the first mainboard public offer for the financial year 2025-26 (FY26) by EV maker Ather Energy is set to hit Dalal Street next week. According to the company’s red
Benchmark equity indices Sensex and Nifty closed higher on Tuesday, extending the gaining streak to the sixth day on continuous foreign fund inflows and buying in banking shares. Photograph: ANI Photo The 30-share BSE Sensex climbed 187.09 points or 0.24
Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo
India on Monday imposed a 12 per cent provisional safeguard duty for 200 days on five steel product categories, including hot rolled coils, sheets and plates, to protect domestic players from surge in imports. Photograph: Wolfgang Rattay/Reuters The decision follows
US Stock Market LIVE: US futures have extended their losses this morning Indian time, having opened lower. Futures on the Dow Jones are now down 420 points, while those on the S&P 500 and Nasdaq are down 54 and 200
India’s top IT giants — Infosys, Tata Consultancy Services (TCS), and Wipro — delivered forgettable results for the quarter ended March 2025, weighed down by a mix of macroeconomic and geopolitical headwinds. The IT sector continued to be plagued by
Benchmark equity indices Sensex and Nifty surged more than 1 per cent on Monday, registering their fifth day of rally on the back of buying in banking and IT shares after encouraging quarterly earnings and foreign fund inflows. Photograph: Shailesh
After falling 17 per cent since the start of the year to its March lows, the stock of the country’s largest pharmaceutical (pharma) company, Sun Pharmaceutical Industries, has clawed back nearly half of those losses. Photograph: Francis Mascarenhas/Reuters Recent acquisitions,
Automobile exports from India rose by 19 per cent to over 53 lakh units in the last 2024-25 fiscal year driven by robust demand for passenger vehicles, two wheelers and commercial vehicles in the overseas markets. Image used for representation
