Tag: vedanta
View: India Inc.’s spending splurge may not trickle down
The carnival of capital expenditure that was awaiting Narendra Modi’s return to power in India seems to have been delayed. That’s partly because the prime…
Oil and gas import bill rises 20% to $69b in H1 of FY25
New Delhi: India’s net oil and gas import bill rose a fifth to $69 billion in the first half of the current fiscal year as…
Vedanta chief Anil Agarwal mourns mother’s demise: ‘Feel incomplete without her’
Oct 07, 2024 10:02 AM IST Anil Agarwal announced the passing of his mother at 90, expressing deep sorrow and gratitude for her influence on…
Hindustan Zinc plans ₹8,000 crore special dividend, promoter Vedanta may get ₹5,100 crore for de-leveraging
Vedanta group firm Hindustan Zinc Ltd (HZL) plans to dole out a special dividend payout of ₹8,000 crore to its shareholders in the current fiscal,…
Vedanta to put $2.5 billion steel business sale on hold after share sale eases debt pressure: Report
Aug 08, 2024 06:27 PM IST The Anil Agarwal-led Vedanta had been working with advisors to sell its steel business to raise around $2.5 billion…
startups: Senior executives exit startups to the safe shores of big local business groups
There is an exodus of senior executives from startups to traditional Indian business groups, with four out of ten top professionals exiting in the past…
Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…
Vedanta Group News: Vedanta Group to leverage startups’ tech under pact with MeitY-Nasscom Centre of Excellence
Conglomerate Vedanta Group plans to leverage technologies developed by startups under a partnership with Meity-Nascomm Centre of Excellence, a joint statement said on Monday. Vedanta…
Government plans investor roadshows for HZL disinvestment this month
Government is likely to begin international roadshows starting with the US this month for the sale of its residual 29.54 per cent stake in erstwhile…
View: Modi’s $24 billion manufacturing push is stuck on the assembly line
A $10 billion push to make semiconductors in India is on shaky ground. Its collapse will expose a major fault line in Prime Minister Narendra…