In a strategic leap forward, Tata Steel is gearing up to take the reins of a majority share in Thriveni Pellets. This acquisition is poised to strengthen Tata Steel’s supply chain, particularly in the vital realm of raw materials. Situated…
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TotalEnergies is reportedly set to offload a 1.5% stake in Adani Green Energy Ltd (AGEL) via block deals on Wednesday, December 10. The transaction involves selling approximately 2.47 crore shares at a floor price of Rs 970, potentially raising nearly…
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Meesho shares surged 46% on their Dalal Street debut, listing at a significant premium to their IPO price. The strong listing followed an overwhelming subscription response, with investors showing high conviction in the e-commerce marketplace’s growth potential. Despite robust revenue…
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India’s audit regulator has issued a sweeping indictment of audit quality across major listed companies, raising urgent questions: how did auditors overlook clear fraud indicators, why were Standards on Auditing repeatedly breached, and what systemic gaps allowed multi-year lapses that…
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Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next few years, one of the biggest investment bankers said on Tuesday.
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IndiGo, which controls about 65% of the domestic aviation market, cancelled more than 5,000 flights so far this month, triggered by a severe crew shortage following its failure to implement new rest rules for pilots.
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