Indian lenders are unlikely to clear the vertical split of BSE-listed Vedanta Ltd in a hurry, considering that the demerger would reduce the fungibility of cash flows across businesses and increase their volatility, according to analysts. The demerger plan, which would result in six separate listed entities, would require approval from shareholders, lenders and other statutory bodies. "We believe that a separate listing of different businesses would reduce the fungibility of cash flows across businesses and increase the volatility of cash flows.
The BJP received the highest amount in large donations among national parties in the financial year 2023-24, with over Rs 2,243 crore declared from 8,358 donations, according to a report by poll rights body the Association for Democratic Reforms (ADR). The report, based on data submitted to the Election Commission, highlighted trends in political donations above Rs 20,000. The total declared donations to national parties stood at Rs 2,544.28 crore from 12,547 contributions - a sharp 199 per cent increase compared to the previous year.
Arshdeep Singh grabbed five wickets and opener Prabhsimran Singh smashed a marauding unbeaten 150 as Punjab defeated Mumbai by eight wickets
Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages.
Whether you're a glam goddess or an eclectic queen, these non-conventional veils will elevate your bridal look to new heights.
If CSK fails to win Friday's match against the Kolkata Knight Riders in Chennai, it could turn to be a historic new low for them. It could be the first time that CSK have lost three matches in a row at home.
rediffGURU Vipul Bhavsar answers readers' personal income tax queries.
Mining magnate Anil Agarwal's conglomerate on Friday announced a major business shake-up, with flagship Vedanta Ltd approving a spin-off of its metals, power, aluminium and oil and gas businesses into separate listed entities and an overhaul of lucrative zinc unit planned as part of value creation and reducing debt load. Vedanta will issue one share of the five demerged businesses for every share held in the company, the firm said in a statement. The entire exercise, which would require shareholder and lender approval as well as a nod from the stock exchanges and courts, is expected to be completed in 12-15 months, its president for finance Ajay Agarwal said.
The Kota district administration has released new guidelines for coaching centers and hostels under the 'Kota Cares' Campaign to reduce the cost of living for students preparing for competitive exams. The new guidelines include the elimination of security and caution money, a maintenance fee of Rs 2,000, anti-suicide ceiling fans, and mandatory gatekeeper training for hostel staff. The campaign aims to attract more students to Kota after a sharp decline in enrollment due to the pandemic.
Gujarat captain Chintan Gaja and spinner Vishal Jayswal shared seven wickets between them to bowl out Himachal Pradesh for 215 on the opening day of the Ranji Trophy match.
India on Tuesday opened its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers mostly in offshore area, as the government looks to boost domestic production to cut imports and help energy security. Petroleum Minister Hardeep Singh Puri launched the 10th bid round under the Open Acreage Licensing Policy (OALP) at the India Energy Week (IEW) in Mumbai.
The National Green Tribunal on Wednesday slammed the Uttar Pradesh Pollution Control Board, asking whether it disputed the Central Pollution Control Board's finding on high levels of faecal coliform being found in the water at various locations in Prayagraj during the ongoing Mahakumbh.
Many travellers are now opting for domestic destinations like Goa, Kerala, Rajasthan, Lakshadweep, Himachal Pradesh, and the North East.
Devdutt Padikkal and Ravichandran Smaran starred with the bat, guiding Karnataka to a five-wicket win over Haryana in the Vijay Hazare Trophy semi-final.
Tensions flared in Madhya Pradesh's Mhow town and Gandhinagar district of Gujarat amid celebrations of the Indian cricket team's victory in the ICC Champions Trophy, resulting in unrest and multiple arrests across the two states.
'The real question here is that whenever you are going to play for India, when you are going to represent your national team, there is going to be pressure.'
Skipper Mayank Agarwal hit a double century to help Karnataka post 407 in their first innings
The Central Bureau of Investigation on Friday informed the Delhi high court that its appeal against the acquittal of former telecom minister A Raja and 16 others in the 2G spectrum allocation case was 'ripe for hearing'.
Wedding decor is going beyond aesthetics, embracing grand elements in a nod to the couples' personal stories.
The Madhya Pradesh High Court has disposed of a lecturer's petition alleging that the authorities of a government college were forcing him to join the Rashtriya Swayamsevak Sangh (RSS). The petitioner, a guest faculty at a government college in Majhauli in Sidhi district, claimed that the institution's authorities were forcing him to join the outfit. The court directed the superintendent of police (SP), Sidhi, to look into the petitioner's complaints and take action within seven days.
Musk said on Friday that he believes India-US ties are "trending positive" and that he favours an enhanced trade partnership between the two nations.
The South Korean government is inviting applications for fully funded Seoul Tech Scholarships 2025.
The Allahabad high court on Wednesday stayed further proceedings before a civil court hearing the dispute over Jama Masjid in Uttar Pradesh's Sambhal.
Skipper Mayank Agarwal scored an unbeaten century as he rescued Karnataka from a poor start
'If he can get into that mindset -- which he has; he has got a lot of skill, a lot of flair and works hard on his game.'
There's clearly no limit to how dramatic a wedding can be.
Saurashtra all but ensured Delhi's exit from Ranji Trophy with a 10-wicket victory inside two days in Group D, in Rajkot, on Friday.
The Kerala Police are investigating the mysterious deaths of an IRS officer, his sister, and their mother in Kochi. The officer, Maneesh Vijay, and his sister, Shalini Vijay, were found hanging inside their house, while their mother, Shakuntala Agarwal, was discovered dead on her bed. Police have not yet established a direct link between the deaths and a CBI case in which Shalini was summoned as an accused. Preliminary findings suggest the siblings died by suicide, but the cause of their mother's death is still under investigation. The family had been residing in the quarters for the past year and a half but reportedly kept to themselves, maintaining limited interaction with neighbours, police added.
Instead of hitting the snooze button and snuggling under your blankets, take charge of your health and exercise indoors, advises Dr Manjusha Agarwal.
A special court in Mumbai has directed the Anti-Corruption Bureau (ACB) to register a first information report (FIR) against former Securities and Exchange Board of India (SEBI) chairperson Madhabi Puri Buch and five other officials in connection with alleged stock market fraud and regulatory violations.
Besides Agarwal, New Zealand spinner Ajaz Patel and Australian pacer Mitchell Starc were also short-listed for the award.
'Our Constitution as well as the Right to Education Act do not make any distinction between Indian or foreigner; it only talks about 'child'.' 'It says that every child has the right to get education.'
The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy.
Prabhsimran Singh and skipper Nitish Rana were at the top of their game, propelling North Zone to a 48-run win over Central Zone
Karnataka to face Services in men's doubles tennis final
'Son believes India has a significant opportunity in chip design, especially in creating IP that will be uniquely Indian.'
The communal violence in Sambhal that claimed four lives and left over 20 people injured has now sparked a debate over a purported rivalry between the Turk and Pathan communities, with political and administrative figures weighing in on the cause of the unrest.
In a recent clarification, the Central Board of Indirect Taxes and Customs (CBIC) provided insights into the goods and services tax (GST) treatment of transactions involving vouchers. According to the CBIC, vouchers can be categorised into two types.
Three Maoists were killed in an encounter with security personnel in Chhattisgarh's Bijapur district on Sunday. The gunfight broke out in the morning at a forest in the Indravati National Park area when a joint team of security personnel was out on an anti-Naxalite operation. The bodies of the three Naxalites were recovered along with firearms and explosives.
Mayank Agarwal failed to take the team to the IPL 2022 play-offs earlier this year, while his form also dipped as he managed 196 runs at an average of 16.33.
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