Segment reporting is supposed to be a window into each business a company runs. In some cases, it has become a source of dispute. Auditors ...

Reliance Consumer Products has entered India’s ice-cream market with Bombay Creamery, pricing cups, cones and sticks from ₹10. The brand is...

Motilal 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 Metal shares gained more than 2% after the company launched two advanced offerings under its Primary Foundry Alloy range ...

PE firm initiates parallel talks with local strategics after low $1.1 bn offer on table falls below expectations. KKR expected $1.6 billion...

After their demerger, Vedanta and Vedanta Aluminium Metal have reported robust financial outcomes for the first quarter, primarily due to r...

Vedanta 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 fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated ...

Vedanta's demerger plan faces a big hurdle as the Central government raises serious objections, citing concerns about potential concealment...

Quess Corp appoints Gurmeet Chahal as CEO of Quess GTS amid demerger to Digitide Solutions. Chahal brings 25 years of global digital transf...

Vedanta 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...

The restructuring started with selling its non-core assets, progressed to giving exits to its partners and acquiring their stakes in busine...

The development comes days after the mining conglomerate announced plans to demerge five of its key businesses, including aluminium, oil an...

While 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 at a price target of Rs 394.

Apart from Sintex, others who have announced their plans to demerge into a separate entity in the past three months include Orient Paper, D...

Nirmal Jain, chairman, IIFL compliance had said earlier, "A banking licence is a natural progression for our NBFC business.