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Vedanta’s demerger gets shareholder nod: Aluminium, power, energy, steel units split
Mumbai The shareholders and creditors of Anil Agarwal-led Vedanta have approved the demerger of the company’s business into four distinct entities. The demerged companies are
Phoenix Kothari Footwear to invest ₹5,000 crore in three leather units in TN in 3 years, to employ over 50,000
Phoenix Kothari Footwear Ltd, a joint venture between Chennai-based Kothari Industrial Corporation Ltd. (KICL) and Taiwan’s Evervan Group, will invest another ₹5,000 crore to set
IL&FS Group initiates ₹5,000 crore payout, including InvIT units
IL&FS Group companies have initiated an interim distribution of ₹5,000 crore – including ₹3,500 crore of Infrastructure Investment Trust (InvIT) units and ₹1,500 crore in
Reliance Infra enters renewable energy manufacturing; to set up solar panel, battery manufacturing units
Reliance Infrastructure Limited (RInfra) is planning a strategic entry into the renewable energy manufacturing industry by setting up integrated solar and battery manufacturing units. Under
Andhra Pradesh’s electricity demand expected to reach around 260 million units per day
“It is estimated that the peak power demand in the upcoming summer will be around 13,700 megawatts, and the electricity demand is expected to reach