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What the Supreme Court told us this year

 From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.M J Antony reports. IMAGE: India's Supreme Court. Rafale relief On the last working day of the year, the Supreme......

Vedanta to pay $1.37 bn for Sesa Goa stake

 NRI business tycoon Anil Agarwal-led Vedanta Resources will pay $1.37 billion (about Rs 5,700 crore) for acquiring 71 per cent stake in India's biggest iron ore exporter Sesa Goa, outbidding giants......

SFIO probes Sesa Goa for financial fraud

 The government has ordered the Serious Fraud Investigation Office, to probe into mismanagement and financial irregularities in Vedanta Group-owned Sesa Goa and its subsidiary Sesa Industries (SIL),......

Vedanta Group slashes 4,000 jobs in India

 While Vedanta Aluminium, Balco and Cairn India confirmed the job cuts, sources said Sesa Goa too had slashed jobs. Metals and mining conglomerate Vedanta Resources, which has a sizable presence in......

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......

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......

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