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Demerger likely in FY26, current focus on co’s restructuring: Vedanta Resources CEO

Millennium Post Delhi

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New Delhi 17SEptember2025

The NCLT is set to hear Vedanta Ltd’s demerger proposal on Wednesday

Demerger likely in FY26, current focus on co’s restructuring: Vedanta Resources CEO

Vedanta Resources CEO Deshnee Naidoo on Tuesday expressed confidence that the demerger of Vedanta Ltd, its Indian arm, will be completed in the current financial year. She said her present focus is on restructuring the organisation to function as if it were already demerged.

The NCLT is set to hear Vedanta Ltd’s demerger proposal on Wednesday. “We're hoping tomorrow's hearing will bea step forward in the approval process,” Naidoo said.

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Paytm invests ₹2,250 cr in payments services arm

One97 Communications, owner of the Paytm brand, has invested an additional Rs 2,250 crore in its wholly owned subsidiary Paytm Payments Services Ltd (PPSL) through a rights issue, the company said on Friday.

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US: Trump led Republicans to power in 2024; but 2026 could be a different story

Republicans have lost a series of elections over the past month

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New Delhi 13December2025

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Russian police & National Guard to stay in Ukraine’s Donbas: Kremlin

EVEN AFTER PEACE IN REGION

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CM Yadav highlights two years of ‘transformational governance’, declares Madhya Pradesh Naxal-free

Yadav lists major gains in security, infrastructure, irrigation, investment & welfare during his 2-year tenure

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New Delhi 13December2025

Millennium Post Delhi

'Out of 4.99L hectares of railways land, 1068 hectare under encroachment'

NEW DELHI: Railway minister Ashwini Vaishnaw stated on Friday in a written reply in the Rajya Sabha that as on March 31, 2025, the total land in possession of the Indian Railways was about 4.99 lakh hectares, out of which 1,068.54 hectares were encroached in various parts of the country for quite a long period.

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1 min

New Delhi 13December2025

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Radical cultural group leader shot at ahead of Bangladesh polls

A youth leader of a right-wing cultural group and a candidate at the February 12 general elections was on Friday shot at by unidentified gunmen in Bangladesh capital.

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1 min

New Delhi 13December2025

Millennium Post Delhi

Delhi Metro kicks off GOLDEN LINE work

The Delhi Metro Rail Corporation (DMRC) on Friday announced that construction has officially begun on the Lajpat Nagar~Saket G Block section of Phase-IV, marking the first instance of physical work starting beyond the phase’s priority corridors.

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1 min

New Delhi 13December2025

Millennium Post Delhi

Chileans divided in presidential runoff tilted toward far right

Ask many Chileans how their country fared in the past several years and they'll describe a descent into disaster: Venezuelan gangs surged across porous borders, bringing unprecedented kidnappings and contract killings to one of the region's safest nations.

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1 min

New Delhi 13December2025

Millennium Post Delhi

Danish intel report warns of US military threat under Trump

The United States is using its economic power to “assert its will” and threaten military force against friend and foe alike, a Danish intelligence agency said in a new report.

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1 min

New Delhi 13December2025

Millennium Post Delhi

Bulgarian Parl passes resignation of ruling coalition

Bulgarian Parliament on Friday approved the resignation of the coalition government of Prime Minister Rosen Zhelyazkov amid nationwide anti-corruption protests, and weeks ahead of the country’s scheduled euro zone entry.

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1 min

New Delhi 13December2025

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