Brookfield pumps in Rs 2,000 crore into Jindal Poly Films’ packaging films unit
NEW DELHI: Jindal Poly Films has signed a pact with Brookfield Asset Management to sell 25 per cent stake in its packaging films business that will be hived off as a separate unit as part of the Rs 2,000-crore transaction. The proposed investment, which values the hived off entity at Rs 8,000 crore, will be […]
US recognises ‘reasoning’ behind India buying Russian oil: Spokesperson
NEW DELHI: The US may show understanding of India’s plans to buy discounted oil for economic reasons from Russia, US President Joe Biden’s spokesperson Jen Psaki has indicated. Asked at her daily briefing on Friday about “largest democracy” India buying oil from Moscow, she said that while the US has banned Russian oil import, “every […]