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Bengaluru techie suicide: Karnataka Police issues summons to wife Nikita, her family members | French President Macron appoints centrist leader Francois Bayrou as new Prime Minister | Congress always prioritised personal interest over Constitution: Rajnath Singh | Jaishankar calls attack on Hindus in Bangladesh 'a source of concern' | Allu Arjun arrested over woman's death in stampede during Pushpa 2 premiere show | RBI receives bomb threat in Russian language, case filed | UP teenager kills mother, lives with body for 5 days | At least six people including a child killed in Tamil Nadu hospital fire | Amid Atul Subhash row, SC says mere harassment is not enough to prove abetment to suicide | India's D Gukesh becomes youngest ever world champion in chess
Vedanta debt to be divided among demerged firms in ratio of assets

Vedanta debt to be divided among demerged firms in ratio of assets

Apr 03, 2024, at 05:39 am

Mumbai: Mining conglomerate Vedanta Ltd is on track for the demerger of its key businesses, including aluminium, into separate listed companies and allocation of debt across the demerged entities would be done in proportion to their assets, sources familiar with the matter said.

Vedanta announces demerger of business into 6 entities

Vedanta announces demerger of business into 6 entities

Sep 30, 2023, at 04:39 am

New Delhi / London: Vedanta Ltd on Friday announced its plan to demerge its business units into independent “pure play” companies to unlock value and attract big-ticket investment into the expansion and growth of each of the businesses.

NSE revises methodology of Nifty equity indices for demergers

NSE revises methodology of Nifty equity indices for demergers

Apr 27, 2023, at 05:11 am

Mumbai: NSE Indices, a subsidiary of NSE, has announced the revisions in the treatment of demerger in Nifty equity indices.

ICICI Lombard to buy Bharti AXA General Insurance

ICICI Lombard to buy Bharti AXA General Insurance

Aug 25, 2020, at 07:25 am

Mumbai/IBNS: ICICI Lombard General Insurance has said it has entered into a definitive agreement to buy Bharti Enterprises promoted Bharti AXA General Insurance, according to a media report.