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ET Prime Special Series: Multibagger or Bankrupt – Part 55: This old-economy giant helped power India’s past. Its big test lies aheadSome companies face disruption at the level of products. Others face it at the level of technology. That is what makes this story more comp...- Jindal Steel repays last instalment of international debt, clears $1.8 billion in dues in 4 yearsJindal Steel Australia repaid around $105 million to lenders including Bank of Baroda, Canara Bank, Deutsche Bank, Värde Partners, Arkkan C...
- Citigroup Q3 profit jumps 16% on record revenue, while Mexico sale dragsCitigroup reported a rise in third-quarter profit, as all its divisions brought in record revenue, sending the bank's shares up about 1% in...
- Rumble considers near $1.2 billion offer for German AI cloud group Northern DataVideo platform Rumble is considering a $1.17 billion bid for German AI cloud group Northern Data AG. The proposed offer would integrate Nor...
- FPIs sell big in oil & gas and financial stocks, add ITSo far in November, foreign investors sold shares worth ₹25,254.6 crore. This comes after foreign outflows hit a record high of ₹1.04 lakh ...
- Non-financial CPSE dividend target may be retained in FY25 revised estimateThe Indian government is on track to achieve its dividend target of Rs 56,260 crore from CPSEs, driven by strong performance in the oil and...
- Stocks in the news: HDFC Bank, Tata Steel, ZEEL, HCL Tech and Apollo HospitalThe Competition Commission (CCI) gave its conditional approval to the mega-merger deal between Sony and Zee that will create one of the lar...
- Tata Power has no plan to divest stake in coal mines in next one year: Praveer Sinha“Energy prices have gone up because of the Russia-Ukraine war and the shortage of supply. So one has to look at it from a very long-term pe...
- JSPL plans to sell stake in Oman AssetsJSPL chairman Naveen Jindal said the company plans to stick to its debt reduction initiative by reducing overall debt to Rs. 25,000 crore i...
- Will Coal India become the next BSNL?Coal India Limited may be dragging on with a huge manpower pool, suffers from low productivity issues, and is forced to operate small and u...
- Market Movers: What changed for D-Street while you were sleepingHere’s breaking down the pre-market actions.
- View: What Bill Gates gets wrong about fossil fuelsGates’s history makes him peculiarly ill-suited to understand how damaging debt divestment can be.
- These 5 stocks are at their 10-year lows. Should you invest in them?Among stocks that are close to 10-year lows, these five are expected to give good upside potential as per consensus analysts' estimates.
- Meeting Rs 69,500-cr disinvestment target will be difficult: FM Arun JaitleyFinance Minister Arun Jaitley and his deputy Jayant Sinha admitted that meeting the Rs 69,500 crore disinvestment target for the fiscal yea...
- Lanco Infratech puts on hold plan to divest assets for better valuationLanco has been reeling under huge debts, mounting losses as its power projects were running below full capacity due to lack of fuel.
- Government hurries Rs 40,000-crore stake sale in Coal India, ONGCBoth state run behemoths have started road shows leading to a possible sell down within three weeks, at a slight discount to prevailing sto...
- ICVL buys coal mines in Mozambique for a bargain-basement price of $50 million from Rio TintoA consortium of Indian state-run firms has bought a bunch of once prized coal mines that changed hands for $3 billion in 2011 for a price o...
- Reforms pushed by Narendra Modi government likely to attract investors to PSUsDespite a sharp run-up this year, PSU stocks are still trading at over 40 per cent discount to their peak valuations of 2010.
- Lanco Infra looks to sell Griffin Coal to pare debt; co close to inking Rs 7,500 crore pactLanco acquired the mine, which is estimated to have reserves of 1.2 billion tonnes, to secure fuel for its upcoming projects.
- Divestment of Hindustan Copper Ltd in coming fiscalThe divestment of government holding in the country’s sole integrated copper producer, Hindustan Copper Limited, will take place only in th...
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