ED raids Vedanta-linked locations in FEMA probe over alleged brand fee payments
Enforcement Directorate (ED) teams searched one premises each in Delhi and Mumbai during the search operation.
Enforcement Directorate (ED) teams searched one premises each in Delhi and Mumbai during the search operation.
Vedanta shares saw a sharp drop after turning ex-demerger, with price adjustment reflecting restructuring as investors track eligibility, new entities and future value unlocking potential.
Tweeting from his official X account, the Vedanta Chairman stated, “A major geopolitical shock in a resource-rich region, like the ongoing conflict in Iran, makes India vulnerable because of its huge import dependence on natural resources which lie below the ground”.
This dedicated cultural and literary space at the five-day festival reflected Vedanta’s belief that culture and community lie at the heart of sustainable development.
On a quarter-over-quarter (QoQ) basis, net profit rose by 47.8 per cent from Rs 2,649 Crores in Q2 FY26 to Rs 3,916 crores in Q3 FY26.
Why did the storied Foxconn-Vedanta deal come a cropper? Why has the $19.5 billion investment fallen through in a strange sort of anti-climax? Vedanta and Foxconn had got on board STMicro for licensing technology, but the government had made it clear that it wanted the European chipmaker to have "more skin in the game", which translates into a stake in the partnership.
Born in late nineteenth century British-colonised India, his motherland desperately needed him. He was the voice, the source of energy, and inspiration of the future freedom struggle.
According to media reports, they have hired experts to evaluate possible locations for the plant. Gujarat Science and Technology Department Secretary Vijay Nehra told PTI that a site may soon be finalized in the next couple of weeks.
The company has also created over 5 lakh livelihood opportunities and fostered hundreds of MSMEs in the state.
To create a robust manufacturing base in India, The Gujarat government has partnered with Vedanta and Foxconn aiming for an investment of Rs 1.54 lakh crore to achieve self-reliance in the field of semi-conductor manufacturing.
