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SAMIL will acquire an 81 % stake in Yachiyo's 4W business, while Honda will retain a 19 % stake

A Swiss auction was used to sell the loan because it promotes transparency and maximizes asset value through competitive bidding.

The two industrial power companies' relationship, which began in July 1986, is being extended with the signing of the deal.

After rising $1.60 on Tuesday, Brent crude was down 14 cents, or 0.2%, at $76.11 a barrel.

According to a statement released on Tuesday, these applications were deemed unsuitable for obtaining in-principal approval to establish small financing institutions.

The company also offers an extensive selection of jewellery crafted from silver, platinum, precious and semi-precious stones, and various other metals.

The dollar index remained stable, which reduced the appeal of gold to foreign investors.

According to its founder and CEO Carlos Santos who talked to ET, the company is interested in India because of its young population and potential for economic growth.

The rupee opened at 82.05 against the dollar, down 3 paise from the previous close of 82.02

Deposits increased 19.2% year-on-year to Rs 19,13,000 crore in Q1FY24.