Articles
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1 week ago |
rediff.com | Ishita Ayan Dutt
There remains a debate on who said this: “When the facts change, I change my mind. What do you do, Sir?” Was it the British economist John Maynard Keynes or the American economist Paul Samuelson. Irrespective of who said it, this sentiment appears to have found resonance in ITC’s boardroom in recent years. In its evolution from a single-product company to a conglomerate, ITC has largely focused on building businesses and brands from scratch.
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1 week ago |
rediff.com | Bhavini Mishra |Ishita Ayan Dutt
The Supreme Court on Friday declared JSW Steel Limited’s resolution plan for Bhushan Power & Steel Limited (BPSL) “illegal” and ordered the latter’s liquidation, four years after the company was acquired by JSW Steel under the Insolvency and Bankruptcy Code (IBC). Following the ruling, JSW Steel shares fell sharply. On the BSE, the stock closed at Rs 972.15, down 5.46 per cent. The court’s decision came from a two-judge Bench comprising Justices Bela M Trivedi and Satish Chandra Sharma.
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2 weeks ago |
rediff.com | Ishita Ayan Dutt |Bhavini Mishra
The inclusion of a “no-contest” clause in Ratan Tata’s will has caught the attention of India Inc, prompting a wave of interest among promoters of listed companies and business families. Legal advisors and estate planners are seeing a noticeable uptick in queries, as wealthy individuals look for ways to shield their legacies from courtroom battles.
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3 weeks ago |
rediff.com | Ishita Ayan Dutt
The $24 billion JSW Group on Monday kicked off a 1,600 megawatt (Mw) power plant at Salboni in Paschim Medinipur district of West Bengal — a project that had been waiting in the wings for more than a decade and a half.
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1 month ago |
business-standard.com | Ishita Ayan Dutt
Tata Steel recently announced a major transformation programme at its Netherlands operation that is expected to impact 1,600 jobs. In a video interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, discusses with Ishita Ayan Dutt a wide range of issues - from the genesis of the transformation programme to safeguard duty on steel in the domestic market and the India story which is expected to get stronger in a volatile world. Edited excerpts:
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Chance to get Tata Steel Netherlands back to being a benchmark in Europe: Koushik Chatterjee https://t.co/VtyHkLIVuZ @bsindia
RT @bsindia: #LunchWithBS | Family brew From moving away from tea gardens to being married to a supermodel, the reticent Paul gives @ishit…
RT @bsindia: Steel is the backbone of an economy, serving as a critical input for infrastructure, construction, automotive, defence, and ma…