Anil Agarwal-led Vedanta Ltd expects to complete the demerger of its businesses by the September-end, according to a top company official. The company had earlier said it has pushed back its demerger by a quarter to June-July. Speaking with PTI, Vedanta CFO Ajay Goel said, “We are on track to finish (the demerger) by the…
Here’s a quick look at stocks likely to be in focus in today’s trade. HCL Tech, Tata Communications, Waaree Engeries Shares of HCL Tech, Waaree Energies, and Tata Communications are expected to be in the spotlight on Tuesday as the companies are scheduled to announce their quarterly earnings. Hindustan Unilever FMCG giant Hindustan Unilever (HUL)…
The Sterlite Plant in Thoothukudi. File | Photo Credit: The Hindu With Sterlite Copper shifting its machinery out of Thoothukudi, a new question emerges: Is it a gain for other States? The answer depends on your viewpoint — as a citizen, vendor, contractor, activist, pacifist, community leader, or administrator. The smelter at Thoothukudi was shut…
The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Tuesday, tracking positive cues from global markets. The trends on Gift Nifty also indicates a gap-up start for the Indian stock market. Adani Ports & SEZ, Reliance Industries, State Bank of India (SBI), Vedanta, Tata Power, and ICICI Bank,…
Shares of Vedanta Limited slumped over 8 percent on Friday, April 4, despite the company reporting record production figures for aluminium and zinc in both the fourth quarter and fiscal year ending March 31, 2025. The decline in Vedanta’s stock price came amid a broader weakness in the market, as investors assessed factors beyond the…
Here’s a quick look at stocks likely to be in focus in today’s trade. Bajaj Finance reported a strong performance for the fourth quarter of FY25, with its assets under management (AUM) rising 26 percent year-on-year to â‚ą4.17 lakh crore as of March 31, 2025. The company added approximately â‚ą18,700 crore to its AUM during…
Here’s a quick look at stocks likely to be in focus in today’s trade. ITC The company has signed a Business Transfer Agreement with Aditya Birla Real Estate (ABREL) to acquire ABREL’s pulp and paper business, known as Century Pulp and Paper. This includes all associated assets, liabilities, contracts, and employees as a going concern…
Mining giant Vedanta-owned firm, Hindustan Zinc received an official penalty notice from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) over non-compliance of the number of independent directors on the firm’s board, according to an exchange filing. “The Company has received a Notice from BSE Limited and National Stock Exchange of India…
Here’s a quick look at stocks likely to be in focus in today’s trade. IndusInd Bank Moody’s Investors Service has affirmed IndusInd Bank‘s long-term foreign currency deposit rating at Ba1 with a stable outlook. However, the agency has placed the bank’s Baseline Credit Assessment (BCA) under review for a possible downgrade due to concerns over…
Here’s a quick look at stocks likely to be in focus in today’s trade. Infosys Infosys has announced an expansion of its strategic collaboration with Citizens, one of the oldest and largest financial institutions in the United States. This partnership aims to leverage Infosys’ deep expertise in financial services and advanced technologies—including artificial intelligence (AI),…
