While the timing seems to be perfect as the economy is in a bounce-back phase, the investors and analysts are concerned about the debt of the parent company Vedanta Resources

The banks have alleged that Educomp Solutions (ESL), incorporated in 1994, was in the business of creating digital educational content for schools and vocational courses under the brand names \"Smartclass\" and \"Edureach\" respectively

The mining mogul believes that it may take \"20 years\" for an effective disinvestment to take place going by the Centre's ongoing plans to sell PSU assets company by company

Vedanta Q1 results: Consolidated revenue fell by 3.7 per cent to Rs 21,374 crore in Q1FY20 versus Rs 22,206 crore in Q1FY19, due to lower commodity prices partially offset by higher aluminium sales, volume addition from ESL, commencement of Gamsberg mine and currency depreciation

The Hon'ble Governor while accepting the resignation with effect from the afternoon today, requested Sri Nara Chandrababu Naidu to continue in office till the formation of a new government

In January-March quarter, Vedanta posted a 43% y-o-y fall in its consolidated PAT at Rs 3,218 crore; net sales slips 15% to Rs 23,092 crore in Q4FY19 from Rs 27,311 crore in Q4FY18

The entry of steel baron L.N. Mittal's firm as a steel manufacturer in India will change many industry dynamics.

The plant, which will be part of the company's newly-acquired Electrosteel Steels Ltd (ESL), would create 1,20,000 jobs in the form of direct and indirect employment.