Category : Corporate News


Vedanta to Split Into Five Companies Next Month

Vedanta Ltd, led by Anil Agarwal, plans to split into five separate listed entities in a major restructuring move aimed at unlocking value and enhancing operational focus across its diverse business segments.

India's Oil Strategy Tested by Middle East Crisis

The Middle East conflict disrupts global oil flows through the Strait of Hormuz, challenging India's energy security as it imports 90% of its crude. With 50% of imports transiting the chokepoint, India faces supply pressures while maintaining 60-day reser

India's LPG Crisis: Eateries Struggle, Govt Boosts Supply

India faces severe LPG shortages affecting restaurants and exports. Government increases industrial allocation by 20%, but Delhi eateries report receiving only 1-2 cylinders daily. West Bengal CM demands local gas retention.

Jaypee Insolvency Case Tests Commercial Wisdom Limits

The ongoing insolvency resolution of Jaiprakash Associates Ltd. raises critical questions about judicial review and commercial wisdom under India's Insolvency and Bankruptcy Code, with Adani and Vedanta at the center of the dispute.

Govt Bans Unfair LPG Charges on Restaurant Bills

The Central Consumer Protection Authority warns restaurants against adding mandatory LPG or fuel charges to bills, calling it an unfair trade practice. Customers can refuse and report violations.

Crude Oil Futures Rebound, Gain 2% on Global Cues

Crude oil futures pared early losses and surged nearly 2% in trading, driven by positive global market signals and supply-demand dynamics. This rebound highlights ongoing volatility in energy markets amid economic shifts.

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