Gujarat wasn't even in race for Vedanta-Foxconn: Sena

A day after Gujarat bagged a mega Vedanta-Foxconn semiconductor project, Leader of Opposition in Maharashtra Legislative Council Ambadas Danve claimed Gujarat did not have the infrastructure......

Take a bow, Jaipal Reddy!

S Jaipal Reddy's efforts to take on Mukesh Ambani's Reliance group needs to be applauded, feels Sheela Bhatt.'What will you do if you are in my seat? How can I give you such a high price for gas?'......

Vedanta in talks to raise upto $2.5 bn to repay overseas bondholders

Vedanta Resources (VRL), the diversified mining company headquartered in London, is giving final touches to a plan to raise up to $2.5 billion (about Rs 20,800 crore) as debt repayment deadlines......

India Inc rides merger-demerger wave

Corporate India is busy restructuring — through mergers, demergers and splits. Illustration: Uttam Ghosh/Rediff.com That seems to be the new normal as CXOs and boards brainstorm on how to......

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......

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......