SP and Akhilesh Yadav are “frustrated” over BJP’s success in UP: Deputy CM Brajesh Pathak

Uttar Pradesh Deputy Chief Minister Brajesh Pathak launched an attack on Samajwadi Party (SP) President Akhilesh Yadav over his statement and called Samajwadi Party and Yadav “frustrated” because of BJP’s success in the state. “The opposition has not been able to level any factual allegation against the BJP government in the state. […]

Ideological issues with SP, but priority to oust BJP, says Congress’ Salman Khurshid

Former Union Minister Salman Khurshid on Tuesday said that Congress has deep ideological issues with the Samajwadi Party (SP). Yet, he said, Congress would prefer ousting the Bharatiya Janata Pary (BJP) from power “because they have been extremely horrific”. Speaking to ANI, Khurshid said, “We are not on very good terms with the SP as we have deep ideological issues. On […]

High-flying battery makers have much to win and lose: S&P

S&P Global Ratings said on Monday the world’s biggest battery producers globally face substantial upside and downside risks to ratings. While their growth opportunities are significant, they will need to navigate fast-moving technology, heavy expenditure, geopolitical forces shaping trade lines and environmental strains, it said. The demand for batteries that power light electric vehicles (including battery electric vehicles […]

S&P raises Tata Steel rating to BB-minus on deleveraging, strong operating momentum

 S&P Global Ratings on Tuesday raised its issuer credit rating on Tata Steel and its subsidiary ABJA Investment Co Pte Ltd to BB-minus from B-plus. It also raised the long-term issue ratings on senior unsecured notes issued by ABJA. S&P said the benefits of strong cash flows and management’s commitment to lower debt should help Tata Steel to materially deleverage over the next […]