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Vedanta: GR Arun Kumar resigns as director and CFO A man walks past the logo of Vedanta outside its headquarters in Mumbai (REUTERS)Premium On Monday, the company s scrip on BSE closed 5.87% higher at ₹202 apiece Share Via Read Full Story Vedanta Ltd on Monday said G R Arun Kumar has resigned as the whole-time director and chief financial officer (CFO) of the company. The company will announce the effective date of relieving of Kumar and details of the successor in due course, Vedanta said in a filing to BSE. TRENDING STORIESSee All 2 min read Premium 1 min read Premium 2 min read ....
NNS, the investment vehicle of Egyptian billionaire Nassef Sawiris, is set to sell its 7.42% stake in Signature Aviation to a bidding consortium led by Blackstone and Global Infrastructure Partners ....
Future-Reliance deal: NCLT can carry on proceedings but can not pass final order, says SC The Delhi High Court on 8 February had stayed its single judge direction to FRL and various statutory authorities to maintain status quo on the mega deal (MINT PRINT)Premium Share Via Read Full Story The Supreme Court Monday asked the National Company Law Tribunal (NCLT) not to pass a final order Future Retail Ltd’s ₹24,713-crore asset sale to Reliance Industries Ltd. The apex court also agreed to hear Amazon s plea against the Delhi High Court verdict staying its single-judge directive to maintain status quo on the deal. The e-commerce giant has moved the top court against the order of the high court division bench which paved the way for the Reliance-Future Retail Ltd deal. ....