TCS, HZL, CIL boost India Inc's dividend payout to record Rs 2.3 trillion

Corporate India continues to be generous in rewarding its shareholders with big dividend payouts. Illustration: Uttam Ghosh/Rediff.com This is especially true for shareholders of companies such as......

Asset divestment needed to resolve Vedanta's debt crisis: Analysts

Analysts assert that Vedanta Group’s plan to demerge India-listed Vedanta Limited into six listed entities will not resolve the debt problem of its promoter entity, Vedanta Resources (VRL).......

6 merchant bankers in fray for govt's HZL stake sale

As many as six merchant bankers are vying to handle and manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd (HZL), according to an official notice.......

Vedanta likely to sell copper plant in Tamil Nadu for Rs 4,500 crore

Vedanta Ltd, which is planning to restart its copper plant in Tamil Nadu, is weighing the option to sell the unit at a valuation of up to Rs 4,500 crore, banking sources have said. Photograph:......

Poonia inks 2-year sponsorship deal with Hindustan Zinc

Star discus thrower Krishna Poonia signed a two-year sponsorship deal with Hindustan Zinc Limited on Thursday. She described the help from the corporate world as a big relief since it will help her......