The resolution professional set a threshold price of ₹1,143 crore – the price at which Vedanta submitted a bid. JPSL had previously offered ₹859 crore on a net present value basis, which was arrived at after discounting the future cash flows, the people said.
Warren Buffett turns 96: Top 10 investing lessons from the Oracle of Omaha
As Warren Buffett turns 96 in his first birthday since stepping down as Berkshire Hathaway’s CEO, the piece revisits the investing principles behind his six-decade