Vedanta Resources (Vedanta Limited's parent company) stated that more than 97% of bondholders supported the restructuring.
Notably, the order also disallowed input tax credit, which businesses typically use to offset their tax liability when making sales.
What disappointed the markets was that the Fed was non-committal on rate cuts and did not specify any timeline.
Lobo has over two decades of broad expertise managing the development of businesses' people functions.
The stock delivered over 175% returns in the past year, making it a multibagger.
Suzuki Motor Gujarat Pvt Ltd has received an adjudication order on December 21, 2023.
The commencement of investment is planned for 2024-25.
The Indian mutual fund industry, with 45 players, manages assets exceeding Rs 50 trillion
Broader market indices outperformed Sensex and Nifty, with all sectoral indices, except pharma and media, trading higher
The agreement focuses on expanding power infrastructure, contributing to the overall growth of the sector
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