In spite of all that, Kalyan is pressing ahead with major expansion plans. It said in its latest quarterly update that it had opened 51 new stores during the current financial year and was planning a ...

Melik Kaylan, based in New York, has covered international affairs and geostrategy since 1999. He co-wrote two books on the new Cold War and the Russia-China Axis. He has written from warzones for ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.