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Jindal Steel reported a 43.5% drop in Q1 net profit driven by rising coking coal costs, though revenue increased 26%. The company also appointed Vidya Rattan Sharma as managing director for a two-year
European equities remained flat as investors monitored Middle East negotiations, while auto stocks fell on US tariff threats. Thyssenkrupp paused talks to sell its steel unit to India's Jindal Steel.
Thyssenkrupp paused sale talks with Jindal Steel for its European unit due to changed prerequisites like pension liabilities and energy costs. This restructuring setback occurs as the steel sector fac
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