The Centre will sell its entire residual stake in Hindustan Zinc as the Modi-government looks to shore up its revenues after the recent fuel duty sop cut a gash through its books. The Cabinet Committe...

There is a possibility that the government may decide to now offer to sell only a 26 per cent stake at this stage with management control. This will limit the amount of money a bidder has to put upfro...

Anil Agarwal-led Vedanta Ltd has called off its corporate restructuring plan that was designed to demerge its aluminium, iron & steel, and oil & gas businesses and list them on the bourses. L...

Metals and mining group Vedanta will announce the contours of a proposal to spin off key businesses into separate listed companies by March-end, chairman Anil Agarwal said as he looks to simplify and ...

Vedanta Resources Ltd’s plan to set up a $10 billion fund to acquire state-owned firms has attracted interest from sovereign wealth funds and the corpus will be floated once the government invit...

Billionaire Anil Agarwal’s mining group Vedanta on Monday said it has withdrawn cases in the Delhi high court as well as before an international arbitration tribunal to settle a Rs 20,495 crore ...

Anil Agarwal-led Vedanta Ltd on Wednesday said it plans to demerge and list its aluminium, iron & steel and oil & gas businesses. The three businesses had a combined turnover of around Rs 18,...

“In my opinion 75 per cent must go back to society... 25 per cent is more than enough for the family,” the metals and mining magnate said further. India is a land of entrepreneurship with...

A division bench of the National Company Law Tribunal (NCLT) has voiced its surprise over the value arrived in the resolution of 13 Videocon group firms which will now be controlled by Anil Agarwal-le...

Bankruptcy court NCLT on Tuesday allowed billionaire Anil Agarwal’s Twin Star Technologies to take over Videocon Industries Ltd for about Rs 3,000 crore. Twin Star, a part of Vedanta Group, wil...