Tag: non-performing assets

Jefferies sees ‘greenshoots’ for Indian metal players, picks Tata Steel and Jindal Stainless as top bets for rebound

Stocks
Jefferies said the first signs of a turnaround are emerging for Indian carbon and stainless steel companies, and it’s betting big on Tata Steel and Jindal Stainless to ride the upswing, as the brokerage flagged...

Tata Motors looks to buy Italian truck maker Iveco; deal likely at $4.5 billion – set to be Tata group’s second biggest acquisition

Business
The last significant acquisition by Tata Motors was Jaguar Land Rover (JLR), purchased for $2.3 billion in 2008. In its biggest acquisition ever, Tata Motors is preparing to acquire Italian truck manufacturer Iveco from...

Goldman Sachs downgrades CreditAccess Grameen to sell, stock down 12%

Stocks
Shares of CreditAccess Grameen skidded as much as 11.8% on Friday to Rs 870 per share on BSE after global brokerage firm Goldman...

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