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DEMERGER DRIVE
IIFL Finance plans to raise ₹2,500-5,000 crore by selling stake amid Fairfax exit rumorsIIFL Finance is intending to raise ₹2,500-5,000 crore by selling a minority stake. The company's promoters may subscribe to warrants to lim...- India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
- Tata Motors PV eyes 15% market share soon, targets 20% by FY31, says MD Shailesh ChandraTata Motors Passenger Vehicles is approaching a 15% domestic market share and aims to reach 20% by FY31. The company plans to achieve subst...
- The right profit, the wrong story: How segment reporting can mislead investorsSegment reporting is supposed to be a window into each business a company runs. In some cases, it has become a source of dispute. Auditors ...
- Ambani uses ₹10 power again for the next disruption in a hot Indian marketReliance Consumer Products has entered India’s ice-cream market with Bombay Creamery, pricing cups, cones and sticks from ₹10. The brand is...
- Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s whyMotilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the pr...
- Vedanta Aluminium shares rise 2% as firm expands automotive portfolio with two advanced alloys. What’s ahead?Vedanta Aluminium Metal shares gained more than 2% after the company launched two advanced offerings under its Primary Foundry Alloy range ...
- I squared-Veolia consortium leads race to acquire KKR backed Re SustainabilityPE firm initiates parallel talks with local strategics after low $1.1 bn offer on table falls below expectations. KKR expected $1.6 billion...
- Vedanta, Vedanta Aluminium post strong Q1 gains as metal prices lift earningsAfter their demerger, Vedanta and Vedanta Aluminium Metal have reported robust financial outcomes for the first quarter, primarily due to r...
- Vedanta names Arun Misra as CEO, Q1 profit jumpsVedanta appointed Arun Misra as chief executive officer for a one-year term. The company reported a 72% jump in first-quarter profit, reach...
- Astral shares drop 6% after demerger. What should investors do?Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated ...
- Vedanta's ambitious demerger plan faces rocky road ahead as government raises objectionVedanta's demerger plan faces a big hurdle as the Central government raises serious objections, citing concerns about potential concealment...
- Gurmeet Chahal appointed as CEO of Quess Global Technology SolutionsQuess Corp appoints Gurmeet Chahal as CEO of Quess GTS amid demerger to Digitide Solutions. Chahal brings 25 years of global digital transf...
- Vedanta says projects pipeline in place to add $6 bn to topline, $2.5-3 bn to EBIDTAVedanta aims for USD 6B EBITDA and 35% growth in FY25. Anil Agarwal's diverse assets lead to a vertical demerger for unlocking value and si...
- ET Exclusive: Allcargo Logistics announces demerger of ECU Worldwide into separate listed entityThe restructuring started with selling its non-core assets, progressed to giving exits to its partners and acquiring their stakes in busine...
- Vedanta incorporates wholly-owned arm to carry out iron, steel businessThe development comes days after the mining conglomerate announced plans to demerge five of its key businesses, including aluminium, oil an...
- Market Movers: Rumours of another demerger drive investors to ITC counterWhile the demerger in question would not be of the lucrative FMCG business, the fact that the board is reportedly considering such a move i...
- Buy Arvind, target Rs 394: Edelweiss Financial ServicesBuy Arvind at a price target of Rs 394.
- Spinoff gains: How company demergers unlock value for shareholdersApart from Sintex, others who have announced their plans to demerge into a separate entity in the past three months include Orient Paper, D...
- India Infoline to demerge broking business to meet banking normsNirmal Jain, chairman, IIFL compliance had said earlier, "A banking licence is a natural progression for our NBFC business.
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