In a significant move towards debt resolution, the government-supported NARCL is set to take over KEPL’s outstanding ₹1,500 crore debt for just ₹345 crore. Furthermore, it is expected to acquire BLA Power’s ₹738 crore debt for a mere ₹285 crore.
Tata Steel saw strong revenue growth in the June quarter, driven by higher realisations. However, global steel prices are softening, and coking coal costs are
Oil prices dropped significantly as peace talks with Iran appeared imminent. Stock markets showed mixed reactions, with US futures rising and Asian markets declining. Japan’s
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