NCLT Jaipur approved Hindustan Zinc’s ₹10,383 crore transfer for internal restructuring, aiding Vedanta’s $3 billion debt reduction, enhancing its $894 million bond. Despite NSE and BSE objections on routing funds, it contributes to Vedanta’s growth. The transfer is deemed a commercial contract, securing shareholders’ interests, effective as of the appointed date.
Private sector banks set to generate Alpha in 2025: Radhika Gupta
Radhika Gupta of Edelweiss MF highlights the re-rating of India’s stock market, particularly noting the potential in consumption stocks despite their higher PE multiples. She
February 6, 2025