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Amid RBI ban, IIFL Finance to get $200 mn liquidity offering from Fairfax India
The Prem Watsa-backed firm has come to the rescue of the gold-loan provider after the central bank’s action triggered liquidity concerns among investors and lenders.
6 March, 2024•1 min
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6 March, 2024•1 min
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Sajjan Jindal’s $23 billion expansion tests the limits of risk
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
