As steel stocks falter, a silver lining for investors

Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. Photograph: Wolfgang Rattay/Reuters The stocks have declined up to 9 per cent on the NSE......

As steel stocks falter, a silver lining for investors

Stocks of Indian steel companies are reeling from pricing pressure that is partly blamed on cheap imports. Photograph: Amit Dave/Reuters The stocks have declined up to 9 per cent on the NSE in......

US investor BlackRock slashes Byju's valuation by 95% to $1 billion

In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion. Peerzada Abrar reports. Photograph: Dado Ruvic/Reuters BlackRock has again reduced......

Lenders unlikely to clear Anil Agarwal's Vedanta spinoff in hurry

Indian lenders are unlikely to clear the vertical split of BSE-listed Vedanta Ltd in a hurry, considering that the demerger would reduce the fungibility of cash flows across businesses and increase......