stake reduction News

Whirlpool India Stocks Drop 20% Following US Parent's Major Stake Reduction Announcement

Whirlpool India's shares fell 20% after its US parent, Whirlpool Corporation, announced plans to reduce its stake in the Indian entity to about 20%. The move is expected to generat...

Indian Government Eyes Stake Reduction in Five Key State-Run Banks to Boost Market Liquidity

The Indian government plans to reduce its stakes in five state-run banks, including UCO Bank and Central Bank of India, to enhance market liquidity and meet public holding norms. T...