Tata Motors may consider dividend payment for FY23 after seven years, which may narrow the discount in its DVR shares over its ordinary shares. Tata Motors’ DVRs trade at a 44% discount to its ordinary shares, but offer a higher percentage of dividends for retail investors.
JSW Steel seeks refund of Bhushan Power and Steel-linked payments
JSW Steel wants its money back. The company has asked banks for a refund related to its Bhushan Power and Steel resolution plan. This follows