Auto shares have been under pressure in the October-December period as worries about falling demand for vehicle sales prompted investors to cut their bets on the sector. The auto index fell almost 17% in this period.
Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: Report
Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and