For the government, Coal India is the gift that keeps giving
Frequent share sales coinciding with price peaks and big dividend demands even when cash is short threaten the interests of the mining giant and its investors.
June 16, 2023•6 min
0
June 16, 2023•6 min
0

More in Business
Business
B.R. Shetty gets called out in Dubai for lying under oath
A Dubai court’s verdict against the disgraced NMC founder, XPANCEO’s new, expanded laboratory and other headlines from the week.
You may also like
Business
Several issues are muddying the waters for Kent’s IPO
The popular appliance maker’s DRHP throws up multiple red flags, including large-scale slippages in business performance, that detract from its appeal. Should it then even go public?
Business
For equity investors, buy-at-any-price will fail
No matter how good a business, overpaying for a stock negatively impacts returns. Saurabh Mukherjea’s Marcellus is only the latest example of the perils of forgetting this timeless lesson.
Business
India’s Nifty 50 meddling gives China the upper hand
Picking Zomato and Jio Financial Services for inclusion in the benchmark index is part of a larger trend where NSE opts for expensive stocks. Meanwhile, cheaper Chinese equities beckon investors.