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Cairn India

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Lenders unlikely to clear Anil Agarwal's Vedanta spinoff in hurry

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......

Street gives a thumbs up to Anil Agarwal-led Vedanta's demerger plan

Debt management is going to be a worry for the Vedanta group until FY25 at least. However, the restructuring of business divisions in Vedanta India could lead to an unlocking of values.......

SAT sets aside Sebi penalty on Cairn India in share buyback case

The Securities Appellate Tribunal (SAT) has set aside capital markets regulator Sebi's order that imposed a penalty of Rs 5.25 crore on Cairn India for making a misleading announcement regarding......

Anil Agarwal to demerge 5 businesses of Vedanta, restructure zinc unit

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......

Adani group to be India's 2nd-largest cement manufacturer

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open......

If India wants to win Gold in Paris...

'If we want to ensure this isn't a once-in-four-decade phenomenon, then we have to produce 1,800 players all the time, create infrastructure, so that we are constantly challenging at the top of the......

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