This is how far back one must travel in time to understand the surging cost of funds in the world’s biggest debt market, which determines how much companies from Jakarta to Johannesburg would pay to raise funds for anything: From something as mundane as staff wages and vendor payments to initiatives far more elaborate and capital-intensive, such as capacity generation and M&A.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles