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Timken Singapore Pte Sells 6.6% Stake in Timken India for Rs 1,956 Crore

Timken Singapore Pte, promoting Timken India, divested a 6.6% stake, equivalent to 50 lakh shares, in the company for Rs 1,956 crore through open market transactions. Buyers included notable mutual funds and financial corporations. Post-sale, Timken Singapore's share in Timken India reduced to 51.06% from 57.70%.
Morgan Stanley Asia National Stock Exchange Monetary Authority Of Singapore Axis Mutual Fund Timken Singapore Pte Timken India

World News | Growing Gamut of India-Singapore Relations, Enduring Bilateral Ties to Newer Heights

Get latest articles and stories on World at LatestLY. With the recent change of guard in Singapore, the relationship between India and Singapore remains old and vibrant. It has a history of bilateral relationships rooted in shared values, economic opportunities and convergence of interests on key issues. World News | Growing Gamut of India-Singapore Relations, Enduring Bilateral Ties to Newer Heights.
New Delhi North Korea Aayushi Agarwal Lawrence Wong Ravi Menon Narendra Modi

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Thailand and China sign MoU to promote Central Bank Digital Currencies (CBDC)

The partnership between China and Thailand for the development of Central Bank Digital Currencies (CBDCs) aims to promote cross-border payments and enhance financial cooperation between the two countries using digital currencies.
Hong Kong United Arab Emirates Shethabu Suthiwanalyubu Pan Gongsheng Central Bank Digital Currencies Cbdcs Central Bank Digital Currencies

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