The investment, amounting to US$ 120 million, will be executed through JSW Steel’s wholly owned subsidiary, JSW Steel (Netherlands) B.V., by subscribing to non-voting Class B shares.
Uday Kotak questions SpaceX valuation, says only time will tell if we’re in ‘mega bubble’
Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks