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WHIRLPOOL CORP
Whirlpool India to revive brand, sets sights on premium play: MD Narasimhan EswarWhirlpool India says it will operate independently despite its US parent retaining a 39.7% stake. The company plans to expand its premium p...- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities extended losses for a seventh session as rising oil prices and US-Iran tensions heightened risk aversion. Nifty fell to 24,...
- Whirlpool to retain India stake for now: CEO Marc BitzerWhirlpool Corporation has halted plans to sell more shares in its Indian business. The company will now look for different ways to lower it...
- Whirlpool of India shares in focus as $1 billion stake sale talks with Advent collapseAcquisition talks between Advent International and Whirlpool Corp to sell a 31% stake in Whirlpool of India have collapsed over valuation d...
- Whirlpool offloads 11.2% stake in Indian unit through bulk dealsWhirlpool Corporation has sold an 11.2% stake in its Indian subsidiary, Whirlpool of India. This move is part of a larger plan to reduce it...
- Advent International frontrunner to buy Whirlpool’s India arm in likely $1bn dealSale process gets boost after October agreements between US parent and local arm; block trades a fallback option for appliances giant if PE...
- Reliance & Havells enter PE party to snap up WhirlpoolWhirlpool Corp is divesting a 31% stake in its Indian arm, attracting interest from Reliance Retail, Havells India, and buyout funds like E...
- Advent, Bain, TPG, others drawn to Whirlpool IndiaWhirlpool Corp is considering selling a 31% stake in its Indian subsidiary, attracting interest from private equity giants like Advent, Bai...
- Strategic partner unlikely now for Whirlpool India: Group CFO James PetersWhirlpool Corp plans to reduce its stake in Whirlpool India from 51% to 20%, allowing the Indian entity more investment autonomy while reta...
- Whirlpool plans to pare stake by over half in Indian armUS-based Whirlpool Corp announced a reduction of its stake in Whirlpool of India from 51% to around 20% by one or more market sales, genera...
- Whirlpool India focuses on cost-cutting measures amid soft demand forecastWhirlpool of India is implementing cost-cutting measures across various functions including logistics, infrastructure, and travel amidst a ...
- Whirlpool shares jump 19% on report Robert Bosch is weighing bidThis year, Whirlpool, which owns brands like Maytag and KitchenAid, has experienced disappointing sales as U.S. consumers have reduced spen...
- Whirlpool Corporation sells 24% stake in Indian unit for $468 million via open marketFollowing the sale, the parent firm’s holding has come down to 51% from 75%. The American consumer durables maker expects to use the procee...
- Multinational companies get on the revival bandwagon with India's second COVID-19 wave ebbingThe optimism comes months after operations were hit as India implemented another round of lockdowns to curb the spread of Covid-19. While e...
- Hero ropes in Ashok Bhasin as Sales, marketing & customer care headHero MotoCorp on Tuesday appointed Ashok Bhasin as head of its sales, marketing and customer care functions of its operations in India.
- Whirlpool of India records highest ever net profitWhirlpool India, a subsidiary of the Whirlpool Corp, on Monday announced its highest-ever first quarter earnings of all time at Rs 64.6 cro...
- We understand homes better: Jeff Fettig, chairman and CEO, Whirlpool CorpJeff Fettig, chairman and CEO, Whirlpool Corp, spoke about the company's strategy in emerging markets like India, Brazil and how innovation...
- Whirlpool 2Q net income more than doublesWhirlpool Corp's second-quarter net income more than doubled as it cut costs and benefited from more shoppers taking advantage of federal r...
- Whirlpool India plans hike in prices soon: OfficialConsumer durables maker Whirlpool of India, the Indian unit of global appliances maker Whirlpool Corp, plans to hike product prices by 2-3 ...
- Whirlpool, LG Electronics in patent row over refrigeratorsWhirlpool Corp, the world's top appliance maker, filed a patent infringement suit against LG Electronics Inc's refrigerators sold in the Un...
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