Among existing gainers, Divi's Lab and Shriram Finance seem poised for further gains, whereas losers IndusInd Bank and Nestle ...

American Equity Inv. Life (AEL): The 1.79% AEL merger-arbitrage stake was established during Q3 2023 at prices between ~$52 and ~$54. There was a ~23% stake increase in the last quarter at prices ...

Leading the list is Tata Steel, with 'buy' ratings dropping from 25 to just 14. Titan Ltd. and Tata Motors also saw significant downgrades in the past 12 months. Margin squeeze, limited returns ...

Tata Steel said on September 11 that company has reached deal with the UK government over the previously agreed £500-million grant funding for the steel maker's green steel project in Port Talbot.

A looming decision in Washington to block Nippon Steel’s merger with U.S. Steel on national security grounds is raising sharp questions in Tokyo. By River Akira Davis Reporting from Tokyo The ...

While the merger is a necessary step to consolidate Tata Group’s airline assets, Air India faces stiff competition on both the international and domestic fronts. Its ability to overhaul ...

The biggest winner in each of the last four years has been Tata Steel UK Limited – and almost all of its free allocations were for the Port Talbot plant, the UK’s biggest carbon emitter.

In late August, the Committee on Foreign Investment in the United States (CFIUS) raised concerns, highlighting that the merger could disrupt the steel supply chain critical to U.S. industries like ...

Post this acquisition, TSHP will continue to be a wholly-owned subsidiary of the company, it added. On August 14, Tata Steel acquired 1,15,92,35,669 ordinary equity shares, aggregating to USD 182 ...

TOKYO (Reuters) -Nippon Steel and U.S. Steel sent a letter on Sunday to U.S. President Joe Biden about their planned $15 billion merger after media reported that he was preparing to block the deal ...

AEL is the flagship company of the ports-to-power ... we anticipate that the airport business will be the first to be ready for de-merger. We remain on track to execute this by 2027-28," he ...

The Competition Commission of India (CCI) approved the merger between Tata Motors Finance Limited (TMFL) and Tata Capital Limited (TCL), marking a major consolidation in Tata Group’s financial ...