𖤍𝑆𝑡𝑖𝑣'𝑀𝑜𝑑𝑠𖤍

楗㈩槻楗炬啘楗炬喗楗炬啽楗炬噣& 39;楗炬問楗炬喐楗炬啱楗炬喖楗㈩槻 Telegram | DID YOU KNOW?

Tata Power whose core business is to generate, transmit and distribute electricity has made no money to investors in the last one decade. That is a big blunder considering it is one of the largest power generation companies in the country. One of the reasons is the company's huge debt levels which stood at ₹43,559 crore at the end of March 2021 compared to the company’s market capitalisation of ₹44,447 crore.

The S&P 500 slumped 1.8% on Monday and Tuesday, thanks to China Evergrande, the Chinese property company that looks like it is ready to default on its more-than $300 billion in debt. Cries of the next Lehman Brothers—or maybe the next Silverado?—echoed through the canyons of Wall Street as investors prepared for the worst.