Nomura is closely monitoring Voltas' financial performance, and the two companies have established a joint venture for the Indian market.
2 reports, 1 independent
Updated Aug 17
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What happened
Nomura is closely monitoring Voltas' financial performance, and the two companies have established a joint venture for the Indian market.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.CLSA flagged downside risks for Voltas while UBS maintained a 'buy' rating.1 source
Nomura monitors Voltas' financial performance and a joint venture has been established for the Indian market.1 source
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The entities involved
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Nomura
corporation in Japan
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Voltas
Tata Group
- Bajaj Finance and Reliance Digital have partnered to offer Easy EMIs for Voltas appliance purchases in India.
- Voltas is focusing on the RAC business for near-term earnings, utilizing its Chennai plant for cost reduction through in-house manufacturing, while the Pantnagar plant contributes to overall production capacity.
Related events
- Nomura is a Japanese financial services holding company.
- Nomura provided outlooks regarding the Indian auto market on May 28, 2026.
- Nomura initiated coverage with a 'Reduce' rating on several e-commerce companies, including Meesho, Amazon, Swiggy, and Flipkart.
- Nomura provided market analysis and rating on Mahindra & Mahindra Ltd. on August 17, 2026.
- Minister Piyush Goyal visited Tokyo to discuss deepening financial and trade ties between India and Japan.