Vedanta Board approves its demerger into 5 separate companies
The names of the five companies are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel as well as Vedanta Ltd and Hindustan Zinc Limited (HZL).
The names of the five companies are Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron & Steel as well as Vedanta Ltd and Hindustan Zinc Limited (HZL).
Besides, the moment the news broke out, the authorities and political entities stepped in with their strong condemnation of the company.
December 2024, a total of 17.01 lakh new employees have been added under Employees' State Insurance Corporation (ESIC), the provisional payroll data said on Friday.
Chairman of the Adani Group, Gautam Adani, experienced the second-largest decline in wealth this year, as per the Bloomberg Billionaires Index. Adani is trailing only Tesla founder Elon Musk.
India will soon start discussing a trade pact with the Donald Trump administration in the United States that will potentially be the ''mother of all deals'', Commerce and Industry Minister Piyush Goyal announced on Friday.
Growing gold/MSME loan business, launching proprietary credit cards, and increasing bancassurance tie-ups are some of the focus areas of DBS Bank India Ltd, said a senior official.
The US Federal Reserve has announced another interest hike of three-fourths of a percentage point, the fourth such hike in its continuing efforts to cool the economy and curb inflation.
Nasdaq-listed Cognizant Technology Solutions (Cognizant) closed the third quarter with a 2.4 per cent revenue growth. According to Cognizant, the revenue for Q3 went up to about $4.9 billion up from about $4.7 billion in Q3 2021.
Nearly 65 per cent of Indian firms are currently employing gig workers, a higher share compared to 57 per cent in 2020, a Nasscom report said on Thursday. However, while the share of organisations employing gig workers has increased, their proportion remains less than 5 per cent of the total workforce (in companies with more than 2,000 full-time employees).
Indian power generators in general and renewable companies, in particular, will benefit from the counterparty shift to commercial and industrial (C&I) customers from weak state-owned distribution companies, said Fitch Ratings.
