Live Breaking News & Updates on Vedanta Anil Aggarwal|Page 3
Stay updated with breaking news from Vedanta anil aggarwal. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The company announced Q4 results last week where Vedanta reported a net profit of Rs 1,369 crore, down over 27% (YoY) compared to Rs 1,881 crore reported in the year-ago period. The consolidated revenue from operations was also down by 6% YoY at Rs 34,937 crore. ....
"At the moment, we have a plan to invest USD 20 billion across sectors in four years time," Agarwal said and the investments will be focused on technology, electronics, and glass businesses apart from the other activities that the group is engaged in. ....
Sanjiv Bhasin warns of a potential sharp correction in the stock market due to rising borrowing costs and uncontrolled inflation. He highlights Anil Agarwal s plans for the steel business demerger and discusses the challenges faced by Kotak Bank with online KYC regulations. He also says KV Manian s resignation from Kotak Bank will get absorbed by the market. There are enough good people within Kotak Bank to take that mantle. ....