Family offices of prominent industrialists and leading private equity funds, including Warburg Pincus, Bain Capital, and others, are considering acquiring a majority stake in Haier Appliances India’s operations. Talks and non-binding offers are being made to take a 51% controlling interest, with efforts to include significant Indian business families and additional financial investors.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.