Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, the people said, asking not to be identified because the matter is private.
ICICI Prudential AMC’s listing sparks debate on valuation premiums over HDFC AMC, with both managing similar assets. While ICICI Prudential shows stronger operating profits due
Japan’s central bank has raised interest rates to their highest in three decades, prompting global markets to reassess the yen, carry trades, and risk assets.
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