Brokerages put sell notice on Vedanta shares over the company's move to buy Volcan Investments' stake in Anglo American via subsidiary Cairn India Holdings, reports Aditi Divekar.
Agarwal submitted the express of interest through his family investment arm Volcan Investments before the close of the bid process on Saturday afternoon.
Understand policy inclusions and exclusions to avoid surprises during claims.
The imaging technology in Nisar can provide very high-resolution data on changes as small as one centimetre in size on the earth's surface.
Mining mogul Anil Agarwal-led Vedanta Resources' credit profile will unlikely be weighed down by the group's planned Rs 1.54 lakh crore foray into semiconductor manufacturing, S&P Global Ratings said on Monday. "This is because the company has reiterated that the $20 billion related investment will be carried out outside of Vedanta Resources. "The business will be undertaken in a separate entity under Vedanta Resources' holding company Volcan Investments Ltd," it said.
It had submitted an EoI for Jet as it wanted to understand the business scenario for the company and the industry.
There are only three entities left in the fray now - Russian Fund Treasury RA Partners, Panama-based investment firm Avantulo Group and South American conglomerate Synergy Group Corp.
The company no longer sees the London listing as necessary to access capital and the deal will simplify Vedanta's corporate structure.
Have you wondered how many days of work -- depending on your net monthly income -- you would have to put in to buy the top-end iPhone 16 Pro?
Taiwanese electronic contract manufacturer Foxconn on Monday said it has decided to pull out of semiconductor joint venture with Indian conglomerate Vedanta, according to a statement. Foxconn said it is "working to remove the Foxconn name from what now is a fully-owned entity of Vedanta". "Foxconn has no connection to the entity and efforts to keep its original name will cause confusion for future stakeholders," Hon Hai Technology group (Foxconn) said.
After the August 10 deadline, South American conglomerate Synergy Group Corp reportedly evinced interest in the airline, forcing the RP to seek lenders' nod to extend the deadline to August 31. The Synergy Group owns a majority in Colombian carrier Avianca Holdings, which has a codeshare partnership with the state-run Air India.
Naresh Goyal-owned group companies, including the airline's general sales agent in India and abroad, and a car rental firm, are among those who have filed claims.
China's President Xi Jinping congratulated scientists on the complete success of the Chang'e-5 mission.
Indians at large harbour a notion that their country is cherrypicking out of the American basket of goodies, but the policymakers in Delhi and the political leadership are well aware that it can only be a pipe dream since a military alliance with a superpower is a profound irrevocable commitment, observes Ambassador M K Bhadrakumar.
The spectacular Milky Way over the picturesque Bavarian mountain, Herzogstand, the remarkable Horsehead Nebula and the Flame Nebula, a vast cloud of gas and dust where new stars are being born; the Royal Observatory's Insight Investment Astronomy Photographer of the Year 2019 has once more received thousands of outstanding images. The competition, which is run by the Royal Observatory Greenwich, sponsored by Insight Investment and in association with BBC Sky at Night Magazine, is now in its eleventh year and has broken the record number of entries once more, receiving over 4,600 entries from enthusiastic amateurs and professional photographers, taken from 90 countries across the globe. The winners will be announced on September 12, and an exhibition of the winning images from the past years of the contest will be on show at the National Maritime Museum in Greenwich from September 13.
Fortune favours the brave, and the loyal. And Vinubhai Kanjibhai Jaipal, who served Gajrajsinh Jadeja unflinchingly through thick and thin, will attest to it, having inherited Rs 600 crore from his late employer, says Haresh Pandya.
"A Meryl Streep or Jimmy Kimmel can speak their mind, and stay assured that they won't be harmed. That does not happen in India," say Manavi Kapur & Ranjita Ganesan.
