Oyo Hotels has postponed its India listing plans for October. SoftBank disagreed with the IPO plan, asking for stronger earnings first. Oyo previously attempted to go public in 2021 and March 2023. Ritesh Agarwal faces a debt repayment deadline if…
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U.S. stock indexes surged on Friday, fueled by robust April payroll data and easing U.S.-China trade tensions, propelling the S&P 500 towards its longest winning streak in over two decades. The strong employment report alleviated recession fears, while Beijing’s willingness…
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The Port of Los Angeles is experiencing a significant slowdown due to the US-China trade war, with cargo volumes plummeting. Importers are halting shipments from China in response to tariffs, leading to potential shortages and higher prices for American consumers.
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India’s markets regulator has alleged Pranav Adani, director of several Adani group companies and the nephew of the billionaire founder, shared price sensitive information and breached regulations aimed at preventing insider trading, according a document reviewed by Reuters.
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JSW Steel faces potential setbacks as the Supreme Court deemed its acquisition of Bhushan Power & Steel illegal, potentially leading to liquidation. Analysts predict a 10-15% production decrease and a ₹4,000-4,500 crore Ebitda shortfall. Despite a potential refund, JSW Steel…
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Beginning his SAIL journey in 1992, Panda has contributed significantly to financial strategies across various plants and units. His expertise includes deleveraging, cost optimization, and implementing digital invoicing, enhancing SAIL’s financial governance.
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