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Vedanta Group Demerger Proposal Set to Receive Nods Soon: Anil Agarwal
The New Indian Express Thiruvananthapuram
|July 11, 2025
VEDANTA Group Chairman Anil Agarwal on Thursday said the company's demerger proposal is in the final stages of receiving the necessary approvals.
Agarwal, speaking at the company's 60th Annual General Meeting, stated that each of the demerged businesses has the potential to grow into a $100 billion enterprise. Once implemented, for every share held in Vedanta Ltd, shareholders will receive one share in each of the four demerged companies.
Vedanta Group plans to create separate entities focused on aluminium, oil and gas, power, iron and steel, and zinc and silver.
Denne historien er fra July 11, 2025-utgaven av The New Indian Express Thiruvananthapuram.
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FLERE HISTORIER FRA The New Indian Express Thiruvananthapuram
The New Indian Express Thiruvananthapuram
Ola Electric board approves ₹1,500 cr fundraising as co scales EV, battery mfg
OLA Electric Mobility Limited has announced a major fundraising plan, with its Board of Directors approving a proposal to raise up to ₹1,500 crore.
1 min
October 27, 2025
The New Indian Express Thiruvananthapuram
EC to release schedule of pan-India SIR today
THE Election Commission of India (ECI) will announce the schedule for the nationwide Special Intensive Revision (SIR) of electoral rolls on Monday, sources said.
1 min
October 27, 2025
The New Indian Express Thiruvananthapuram
WHY RETIREMENT CORPUS IDEAS NEED REVIEW
THIS Diwali, for most people in their 50s, the conversation centred around retirement. The moot point of discussion was ‘how much is enough’ to retire. It is a topic of discussion among the upper-middle-class and middle-class people.
2 mins
October 27, 2025
The New Indian Express Thiruvananthapuram
5 kids HIV+ after blood transfusion in Jharkhand; civil surgeon suspended
HC took suo motu action, sought detailed report
1 min
October 27, 2025
The New Indian Express Thiruvananthapuram
THEKUA AND THE DIVINE
TODAY is honoured across a wide swathe of Eastern India as the centrepoint of the four-day Chhath Puja or Surya Shashti Vrat.
4 mins
October 27, 2025
The New Indian Express Thiruvananthapuram
Op Sindoor success makes festivals vibrant: PM
PRIME Minister Narendra Modi on Sunday described the Chhath festival, being widely observed across Bihar and other states, as reflecting India’s cultural and social unity, with devotees from all castes performing rituals together.
2 mins
October 27, 2025
The New Indian Express Thiruvananthapuram
'IIM Indore aspires to be a key architect of Vision 2050'
ing assignments, live projects, corporate internships and regular interactions with industry leaders. Beyond placements, the institute promotes entrepreneurship, offering structured mentoring, incubation support and seed funding for student-led ventures. What sets its approach apart is a commitment to employability over mere employment. By prioritising skill-building, adaptability and industry immersion, the institute prepares students to navigate an evolving job market, strengthens recruiter confidence and empowers graduates to pursue impactful, future-ready careers.
1 mins
October 27, 2025
The New Indian Express Thiruvananthapuram
How share buyback amount is taxed
Payment made by a company to buy back shares is deemed as ‘dividend income’ in the hands of shareholders
2 mins
October 27, 2025
The New Indian Express Thiruvananthapuram
21 Maoists lay down arms in C’garh district
TWENTY-one cadres, including 13 women, of the banned outfit CPI (Maoist) surrendered along with 18 weapons in Chhattisgarh’s Kanker on Sunday.
1 min
October 27, 2025
The New Indian Express Thiruvananthapuram
Youngsters seek productive service
THE wait is finally over. After three years, the Chennai Open is returning to the SDAT Stadium in Nungambakkam. As the preparations for Monday’s main draw reached its final stages, the excitement for this tournament was palpable.
1 mins
October 27, 2025
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