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Devas wins plea to seize Indian property in cancelled Isro deal

 A French court has ordered freezing of an Indian government property in Paris on a plea by Devas shareholders who are seeking to enforce a USD 1.3 billion arbitration award over a cancelled......

Mining firm Vedanta made 'illegal' political donations?

 Vedanta Resources, which was pulled up for its role in the mining scam in India, is under the scanner yet again. This time for making a contribution of Rs 28 crore made to political partiesin the......

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......

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......

Why Anil Agarwal-owned Vedanta group companies face high debt risk

 Vedanta group chairman, Anil Agarwal, 69, is well known for his business journey from a scrap dealer from Bihar to a London-based globe-girdling metal and oil and gas conglomerate with revenues of......

Rags to riches tale of mining mogul Anil Agarwal

 A reception often reserved for rockstars came the way of mining mogul Anil Agarwal when he started revealing nuggets of his ascent from a scrap-metal dealer to one of India's most prominent......

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 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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