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Vedanta demerger sets stage for value unlocking, global scale: Chairman Anil Agarwal

Vedanta Limited is entering a pivotal new phase where strong operating performance converges with a transformational restructuring, setting the stage for its next wave of growth and value creation, the company's Chairman Anil Agarwal said Tuesday in a letter to the shareholders. The billionaire businessman called company's demerger a key milestoneThe much-anticipated demerger aimed at unlocking value by carving out focused, world-class businesses, has been is effective May 1, 2026. Each entity will benefit from sharper strategic direction, disciplined capital allocation, and clearly defined growth paths, enabling them to operate as independently scalable, globally competitive companies benchmarked against the best in the industry, Agarwal said."The most awaited milestone for Vedanta this year is our demerger, effective 1st May 2026. This transformation marks a pivotal step in unlocking value by creating focused, world-class companies, each with sharper strategic clarity, d...

Congress: Vijay seeks support to form TN govt

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BJP Bengal gains may boost reforms push

New Delhi: The BJP's latest electoral surge, especially in West Bengal, could spur greater Centre-state policy alignment and aid the Union government's reforms push as the economy grapples with the fallout of the West Asia war and a below-normal monsoon forecast, economists said on Monday.The dominant National Democratic Alliance constituent at the Centre has registered its maiden victory in West Bengal, retained Assam and Puducherry (with alliance partners) and won a record three seats in Kerala. It won only one seat in Tamil Nadu, against four in 2021.Also Read: How BJP's well-oiled vote machine breached Mamata's Bengal fortressBut its win in West Bengal-which has been hit by deindustrialisation and frequent Centre-state rows-remains the most consequential for India's growth prospects, if the winds of political change lead to a raft of economic reforms, the economists said.130810506Centre-state ties switching to cordiality from confrontation could bolster the impl...

TVK surge may trigger shake-up in DMK, AIADMK

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Doda bans protests after Mehraj Malik rally

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How long before Iran breaks under US pressure?

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TN poll results: Vijay emerges as the ultimate X-factor

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