News: South Korea’s Posco joined Uttam Galva group to set up an estimated $3 billion steel plant in Maharashtra. Shree Uttam Steel & Power Ltd is fully owned by the Miglani Family who are the co-promoters along with ArcelorMittal of Uttam Galva Steels Limited. The latter is one of the ...

News: According to American brokerage Morgan Stanley, stocks of Public Units (PSUs) are about 30 per cent undervalued due to a slew of issues. Lack of autonomy and political interference in their functioning have been the biggest bane of PSUs. Betting on state-run giants such as Coal India, PowerGrid, BPCL, ...

News: India-born Sundar Pichai will be the new CEO of Google under a major restructuring at the technology giant. Founder Larry Page announced the formation of a new parent company Alphabet Inc which will replace Google as the publicly-traded entity and all shares of Google will automatically convert into the ...