In thyssenkrupp deal, Naveen Jindal saddles up for a high-stakes ride
Acquisition of the German steelmaker would give the Indian steel entrepreneur substantial global heft. But it might also end up extracting a heavy price on his already-stretched group and its investors.
October 06, 2025•13 min
0
October 06, 2025•13 min
0
More in Business
Business
Can Meesho’s value-commerce playbook pass the IPO test?
The ecommerce platform will be hard-pressed to justify its estimated $7-8 billion valuation—up nearly 2x from just 10 months ago—at a time of ho-hum growth and flagging profitability.
You may also like
Business
Akasa Air finally gets some wind in its tail
The Vinay Dube-led airline is now the third-largest in terms of revenue and on course to hit a major milestone, although some concerns remain.
Internet
JSW, Tata, Birla’s entry into B2B e-commerce augurs poorly for Infra.Market, OfBusiness
The two IPO-bound startups are showing signs of a slowdown and will be looking over their shoulders as online B2B marketplaces launched by the conglomerates grow fast.
Business
Budget IndiGo finds business class to be a ‘Stretch’
A premium offering from India’s largest airline has not evoked the expected response from flyers and just goes to show that breaking away from its low-cost DNA isn’t easy.