Govt Delays Main Disinvestment to FY26, Focuses on ₹50,000 Cr IDBI Stake Sale

[ad_1] New Delhi: The federal government is prone to defer its broader disinvestment plans to the fourth quarter of FY26 because it focuses on finishing the strategic sale of IDBI Financial institution by the tip of the third quarter, two folks conscious of the matter stated. The transfer is geared toward avoiding market crowding and … Read more

JSW Steel starts FY26 on a high but remains cautious

[ad_1] Mumbai: JSW Steel Ltd reported better-than-expected profit for the June quarter, driven by higher production and sales volume as well as lower cost of coking coal, a key ingredient. The steelmaker’s first-quarter profit jumped to ₹2,209 crore from Rs.867 in the same quarter a year ago, according to the company’s exchange filings. A key … Read more