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Azerbaijan Airlines passenger plane enroute to Russia with over 70 people onboard crashes in Kazakhstan | Atishi will be arrested in fake case, claims Arvind Kejriwal after Delhi govt disowns health and women's schemes | Delhi govt departments disown Arvind Kejriwal's major poll promises, AAP chief reacts | 'Our nation will always be grateful to him': PM Modi writes article in tribute to Atal Bihari Vajpayee on his birth centenary | Syria: Christmas tree set on fire by suspected 'Islamists', Christians protest | Pakistan strikes TTP camps in Afghanistan, Taliban government claims civilians killed | Former home secy Ajay Kumar Bhalla appointed Manipur Guv amid ethnic violence resurgence | Five soldiers killed, several injured as Army truck falls into Poonch gorge | Allu Arjun quizzed by police in Pushpa 2 stampede case | Wanted Indian drug smuggler killed in the US
Vedanta gets approval of its 75% secured creditors for demerger

Vedanta gets approval of its 75% secured creditors for demerger

Jul 31, 2024, at 04:20 am

Mumbai: Mining conglomerate Vedanta announced that 75 percent of its secured creditors have approved its proposed demerger of businesses, a major milestone in the company's strategy to separate into six independent listed entities.

Vedanta announces demerger into six separate entities EBITDA target of $10 billion

Vedanta announces demerger into six separate entities EBITDA target of $10 billion

Jul 11, 2024, at 11:09 pm

New Delhi: In a major move poised to redefine its market presence and shareholder engagement, Vedanta Ltd. announced the demerger of its conglomerate into six separate entities at its 59th Annual General Meeting on Thursday.