Essar Steel: Liquidation Looms Large as Bidding Forced into Round Two
The wait for Essar Steel’s lenders only got longer as the Consortium of Creditors that replaced its board rejected bids from Numetal and...
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Tata Steel: Debt Beneath the Wings
We initiate our coverage on Tata Steel Ltd (TATA IN) (“TSL”) with an UNDERWEIGHT recommendation on all of the TATAIN complex as we believe the...
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Is Tata Sons' "Spreading of the Wealth" Restraining TCS's Growth?
Tata Sons, the holding company of the Tata Group, conducted a series of block trades during which a total of 28.3m shares of Tata Consultancy Svcs...
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JSW Steel:Â A Race of EBITDA Against Debt
We initiate our coverage on JSW Steel Ltd (JSTL IN) (JSW) with a NEUTRAL recommendation on all JSTLIN complex as we believe the complex is...
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EM Equity Strategy: Indonesia Perking Up; Overweight BRIC, Tech, and Health Care
Highlighted themes and actionable charts:Â Reiterating BRIC overweight. This country grouping continues to outperform broad EM, and we believe BRIC...
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