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vedanta demerger listingltbrgt

4 of Vedanta’s demerged businesses list on bourses

MUMBAI: Four businesses of the Vedanta group, demerged from its flagship Vedanta Ltd—aluminium, oil & gas, iron & steel, and power—were listed on the bourses on Monday, which unlocked market value worth a little over Rs 50,000 crore. Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power, all part of Vedanta...
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Mercedes to opt for fresh 1-2% price hike

Mercedes-Benz is set to take a fresh 1-2% price hike in India to cope with exchange rate volatility and broader war-related cost pressures even as it is pushing a new variant of its top-end S-class model into the market to widen choice for consumers amid slow EV adoption.The company has taken a total of up...
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Centene to offer buyouts to some employees

Sheldon Cooper | Lightrocket | Getty Images Centene said it offered buyouts to some employees on Monday, as the health insurer grapples with higher medical costs, funding cuts and membership declines. “Centene is positioning the company to lead the future of healthcare – working to deliver a simpler and better experience for our members and...
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RBI tightens mis-selling rules; banks barred from incentive structures that encourage aggressive sales

In order to curb mis-selling and hold regulated entities accountable across all distribution channels, including social media influencers and digital marketing intermediaries, the Reserve Bank of India (RBI) on Monday tightened norms governing the advertising, marketing and sale of financial products and services. The revised directions, which will come into force from January 1, 2027,...
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Arvind Panagariya seeks for dedicated privatisation ministry; says govt should revive PSU, bank disinvestment

Former Niti Aayog vice chairman Arvind Panagariya has called for reviving the government’s privatisation agenda for public sector undertakings (PSUs) and public sector banks (PSBs), arguing that disinvestment remains a key pillar of India’s economic reforms.In an interview with PTI, Panagariya also advocated the creation of an independent privatisation ministry to accelerate the government’s disinvestment...
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