Lenders give Byju’s a breather
Amendment to the terms of the $1.2 billion loan, once passed, will resolve the company’s ongoing loan crisis and litigation headaches
25 July, 2023•1 min
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25 July, 2023•1 min
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Anil Agarwal’s Hindustan Zinc hits the sweet spot
The silver rally has helped the primary cash generator of Agarwal’s mining empire return record numbers in Q3. Investors are pleased. But a few questions linger.
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Business
Q3 earnings lay bare $5 billion migraine for four of India’s top banks
While the earnings have been encouraging, the real challenge lies in addressing the slowing deposit growth and leadership uncertainty.
Business
Reliance’s growth engines may be losing steam
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.