Foreign companies, including Whirlpool Corp and Singapore Telecommunications Ltd, are reducing holdings in their Indian businesses. British American Tobacco Pl alos plans to sell a stake in ITC Ltd. India’s equity market is booming, attracting domestic investors and creating opportunities for large investors. Global funds have withdrawn a net $459 million from domestic shares since January 1.
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News