Shares of metal companies like National Aluminium and SAIL surged following China’s 50 basis point cut in reserve requirements, aimed at boosting economic growth amid ongoing deflationary pressures.
Ashok Hinduja backs IndusInd Bank board amid fraud concerns, calls it a ‘new dawn’ for the lender
IndusInd International’s Ashok Hinduja backed the bank’s leadership after suspected internal fraud surfaced. He praised swift corrective action, regulatory compliance, and reaffirmed IIHL’s financial support.