Voltas denies reports of Tata considering sale of home appliance business
The company, in a regulatory filing, said the report has caused "embarrassment, apart from concerns including by the shareholders/investors"
Source: businesstoday.in
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Voltas refutes report on considering sale of home appliance biz, ET Retail
Voltas has refuted reports suggesting that the Tata Group is considering selling its home appliance business. The company issued a statement dismissing the reports as "totally incorrect and blatantly false. Voltas expressed its commitment to the Home Appliances business and its intention to strengthen its market-leading position in the relevant categories.
Source: indiatimes.com
Voltas Share Price: Voltas shares drop 0.39% as Sensex falls
A total of 3,837 shares changed hands on the counter till 12:22PM (IST)
Source: indiatimes.com
Tata considering sale of Voltas home appliance business, sources say
Tata is mulling the sale of Voltas Ltd.'s home appliance division due to the challenges of expanding in a competitive market. Discussions are in the early stages, and it's uncertain whether the local joint venture with Arcelik AS will be included. Tata Group has not made a final decision on the sale.
Source: indiatimes.com
Tata Group looking at selling off Voltas home appliance business, talks on: Report
Voltas has a tie up with Europe’s consumer durables brand Arcelik and has separate line of home appliances under the brand Voltas Beko in the domestic market.
Source: businesstoday.in