Nagpur-based Solar Industries acquires South Africa’s Omnia Holdings for $1.3 billion in a major outbound defence-sector deal. (Representational Image) Four rules made HDFC Bank a compounder. All four have stopped. Can the new CEO rewrite them? Gold rush on Dalal St as regional jewellers bid to be the next Tanishq Hormuz is a state, not a strait. There are 10 other possible chokepoints for the global economy, including India Will the yuan become the new yen? Bigger or Better: One order from Power Grid Corp added $1 billion to the market cap of a company – Final part Banks have received a flood of money. Now comes the real test
