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.
Read More
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.
Read More
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…
Read More
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.
Read More
Britannia Industries has received a GST order demanding over Rs 25 crore from the Additional Commissioner of CGST & CX, Kolkata North. The demand pertains to the classification of a product sold by the company and input tax credit issues.…
Read More
The currency markets are essentially hedging markets which are open for trading from 9 am till 3:30 pm with after-market hours trading permitted, effectively making them 24×5 (Monday-Friday) markets. Market trading timing for call/notice/term money is 9 am to 5…
Read More