As per Vedanta’s revised December 2024 composite scheme of the arrangement, the demerger will result in the creation of five sector-focused entities – Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power and Vedanta Iron & Steel, while Vedanta Limited will hold both upcoming and some existing businesses not covered by the above four verticalised revenue streams.
India may cut tariffs on 30 items imported from US to prevent higher reciprocal tariffs: Nomura
India is considering reducing tariffs on more than 30 items and increasing purchases of US defence and energy products to avoid higher reciprocal tariffs from
February 11, 2025