For investors, everything is more: Anil Agarwal on demerger scheme

Billionaire Anil Agarwal’s Vedanta Ltd. is considering a demerger of its aluminium, iron and steel and oil and gas businesses, which will be run as standalone listed entities with separate leadership, as part of its value unlocking process. The group is no stranger to corporate restructuring, having merged in 2018 and now proposes to demerge … Read more

Vedanta looking to demerge some businesses with separate listings and leadership

Billionaire Anil Agarwal-led Ltd is evaluating a demerger of its aluminum, iron and steel and oil and gas businesses, which will be run as standalone listed entities with separate leadership, in what it called a value-unlocking exercise. goes. On Wednesday, Vedanta announced the constitution of a committee of directors to evaluate and recommend such options … Read more

Vedanta is looking at restructuring the group; separate list of businesses

Billionaire Anil Agarwal on Wednesday said he is looking at a conglomerate restructuring that could include demerger and listing of aluminum, iron and steel, and oil and gas businesses as separate entities. In a stock exchange filing, the firm said its board has constituted a committee of directors to evaluate and recommend options for restructuring … Read more

Cairn Energy to change name to Capricorn Energy

UK oil and gas explorer Cairn Energy plc will change its company name to Capricorn Energy plc from mid-December after a retrospective tax dispute of more than USD 1 billion is set to close. Cairn Energy, which gave India its biggest land oil discovery, sold its India unit, Cairn India, in 2011 to mining tycoon … Read more