Sunda Energy halts trading for potential capital raising

Mukesh Ambani’s family remains India’s richest. The nation’s top family businesses are valued at $1.46 trillion, surpassing the GDP of several economies. Details here. 

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The Nifty’s price-to-book ratio has slid below three for the first time in six years, showcasing the banking sector’s struggles alongside rising book values. With banks and financial services playing a crucial role in the Nifty’s composition, the recent consolidation of financials has notably influenced valuation metrics. It is now essential for investors to prioritize…