News Overview

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The said transaction is categorised as a related-party transaction, and has been conducted on an arm’s-length basis, said the company.

Commenting on Vedanta’s departure from the steel sector, Agarwal highlighted that steel was never a key business for the company.

The company said that the board also approved the general information document, key information document, and term sheet for the proposed issue.

Kutch Copper, through its wholly owned subsidiary, will own 50% equity stake in Praneetha Ecocables Limited, engaged in manufacturing, marketing, and distribution of metal products wires and cables.

Here are some of the stocks that may see significant price movement today: Hyundai Motor, Vedanta, Adani Enterprises, etc.

This move is a major milestone in realizing the mission of Indian Railways to become a net zero carbon emitter by infrastructure by 2030.

Top gainers in Sensex include Zomato, Power Grid Corp, Tata Steel, IndusInd Bank.

However, as per Hindustan Zinc, the delay in appointing Independent Directors is pending approval from the Ministry of Mines (MoM).

Though the contract was formally awarded on the March 13, 'clarifications' were sought by EIL on the terms of contracts, which were finalized on March 17.