When a shareholder broke ranks to question the company’s brand fee payments to Vedanta Resources Ltd (VRL), Anil Agarwal, the founder and chairman of the Vedanta Group, chose not to respond. He simply called the short-seller report “motivated,” before asking VRL CEO Deshnee Naidoo to reply.
4 min read10 Jul 2025Raymond Realty listing: Raymond Realty, a demerged entity from Raymond Limited, debuted on the stock market on July 1, hitting a 5% upper circuit. Shares opened at ₹1,005 on BSE and ₹1,000 on NSE.
2 min read1 Jul 2025Shares of Raymond Realty are set to list on the stock exchanges on July 1, after their demerger from Raymond Limited. Raymond Realty shares listing price could be in the range of ₹897 to ₹1,430 as per SBI Sec, while Ventura Securities sees it at ₹1,383 apiece.
3 min read30 Jun 2025Siemens Energy shares opened at ₹2,850 apiece on BSE, and hit 5% upper circuit at ₹2,992.45 apiece. The listing of Siemens Energy India shares comes after the demerger of power transmission and distribution (T&D) business from Siemens.
3 min read19 Jun 2025Vedanta demerger: The NCLT has dismissed the demerger scheme filed by Talwandi Sabo Power Ltd (TSPL) after objections were raised by SEPCO, a creditor of TSPL, in relation to the demerger of Vedanta.
1 min read29 May 2025Stock Market Today: Tata Motors share price gained more than 4% in the morning trade on Wednesday. The gains were propelled by two key factors: First is the progress in the demerger of the CV business, and second being the India-UK free trade agreement.
1 min read7 May 2025Jio Financial Q4 Update: The NBFC announced that it will declare its fourth quarter results on April 17, 2025, and recommend a final dividend, if any, for FY25 on the same day.
2 min read14 Apr 2025Vedanta share price rallied after chairman Anil Agarwal said that each of the four newly-demerged companies has the potential to grow into a $100 billion company.
2 min read18 Mar 2025Jio Financial Services holds an 82.17 per cent stake in Jio Payments Bank, a joint venture between Reliance Industries-backed Jio Financial and SBI, the country's largest state-run lender.
2 min read4 Mar 2025Vedanta Ltd. received approval from shareholders and creditors for a demerger plan, creating five independent entities by 2026. This strategic move aims to enhance agility and growth prospects, with 99.99% shareholder support, while existing shareholders will receive shares in the new companies.
3 min read27 Feb 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared