The demerger seeks to establish five independent, globally scaled companies specializing in aluminium, iron ore, copper, oil and gas, and power generation. This restructuring aims to streamline operations, improve efficiency, and enable Vedanta’s management to focus on individual business segments. By optimizing asset utilization and capital allocation, the move is expected to enhance overall business performance and growth.
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here’s why
Shares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US Federal
June 25, 2026