JSW Steel has become the world’s most valuable steelmaker, surpassing Nucor Corp, after its market capitalisation crossed $30 billion. The stock hit an all-time high amid strong performance by Indian steelmakers, driven by government-backed industry protection measures. JSW Steel now…
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US President Trump may impose copper tariffs within weeks, rather than awaiting the 270-day deadline. The tariffs could be up to 25%, significantly affecting global copper markets and causing record-high prices. The market anticipates the tariffs, but uncertainty remains regarding…
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Singapore’s sovereign wealth fund GIC, existing investor Tiger Global tapped, according to sources in the know. Groww, which started as a direct mutual funds distributor, is currently the largest stockbroker in the country in terms of active clients.
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IndusInd Bank has enlisted Egon Zehnder to find a new CEO and deputy CEO, following accounting issues and an RBI decision that limited current CEO Sumant Kathpalia’s term to one year. They aim to submit a list of candidates by…
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Vi has suggested some alternatives to the government to address the securitisation requirement, including setting it off against excess payments made in the past or BGs or cash deposits furnished towards regulatory compliance.
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Accounting firm PwC has been fined £4.5 million (approximately $5.8 million USD) by Britain’s Financial Reporting Council (FRC). The fine relates to PwC’s audit of Wyelands Bank’s financial records for the year 2019. The FRC announced the sanction in a…
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