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​​The stable outlook by S&P reflects an expectation that Tata Steel will continue deleveraging to improve its resilience to downturns over the next 12-18 months.

Indian investors increasing their holdings in digital currencies, not booking profits this time

Executives of big business groups confirmed that investments were on the rise following the abatement of the pandemic.

Foreign portfolio investors have put in a net of $273 million in the four trading sessions through a combination of instruments-equity, debt, voluntary retention route (VRR) as well as the hybrids, since the FOMC meeting on October 12, data from NSDL shows.

The Rs 5,200-crore Nykaa IPO includes a fresh issue of stock worth as much as Rs 630 crore and an offer for sale for 43.11 million shares. The price band for the offering will be decided by early next week.

The subscription period for 2021-22 Series-VII will be October 25-October 29, and bonds will be issued on November 2, the finance ministry said in a statement.

AIFs are funds established or incorporated in India to pool capital from Indian and foreign investors for investing as per a pre-decided policy.

Revenue from operations grew 17.8 per cent to Rs 2,869.2 crore in the reported quarter from Rs 2,435.4 crore in the year-ago period, it added.

“The company registered strong VASP (Value-added & Special Products) volume, with the share of VASP at 60% vs 51% in Q2 FY2021, driven by increased domestic sales to automotive, solar and appliance segments,” JSW Steel said in a media statement on Thursday.

In another transaction, Trinity Opportunity Fund bought 4.6 million shares of Vista Steel at Rs. 15.9 apiece through a bulk deal on the NSE.