Hindustan Zinc, a major player in the global mining sector and a subsidiary of Vedanta Resources, is advancing a strategic revision of its demerger plan aimed at significantly enhancing its market capitalization. The new proposal, which seeks to split the company into two separate entities, is expected to add between $3 and $4 billion to the company’s market value, according to Arun Misra, CEO…
On August 6, 2024, Vedanta Ltd, led by billionaire Anil Agarwal, announced impressive financial results for the first quarter ended June 30, 2024. The mining giant reported a substantial 36.5% increase in consolidated net profit, reaching Rs 3,606 crore compared to Rs 2,640 crore in the same period last year. This remarkable profit surge reflects the company’s robust performance and favorable…
