Lenders have formed a consortium led by SBI to create a uniform debt resolution plan for RINL, which has been operating at one-third capacity. SBI Capital Markets is preparing the plan. RINL has missed payments and was downgraded to default category, but received a Rs 1,650 crore infusion from the government recently.
Warren Buffett’s $11 billion oil bet is down 21% from 2025 peak. Will this be his oil regret 2.0?
One of Warren Buffett’s largest public equity investments is now deep in the red. Occidental Petroleum, in which Berkshire Hathaway holds a 28.2% stake, has