Tag: CorporateStrategy
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Transformers & Rectifiers Wins ₹166.45 Crore Order: A Strategic Milestone for the Company
Transformers & Rectifiers (India) Ltd has secured a significant ₹166.45 crore order from Hyosung T&D India for the supply of single-phase transformers in power transmission projects. This strategic contract, along with a 1:1 bonus issue and a ₹750 crore QIP, positions the company for sustained growth and expansion in the energy sector.
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Unlocking Value and Growth Potential: Vedanta Ltd.’s Chairman Proposes Business Split
In a visionary move, Vedanta Ltd.'s Chairman, Anil Agarwal, has set the stage for a transformative future. His proposal to split the conglomerate's diverse businesses into independent entities has ignited excitement among investors and industry enthusiasts alike. Agarwal's belief in the potential for each business to thrive on its own, coupled with the allure of attracting international investors, promises a new era for Vedanta Ltd. While this proposal is still in its infancy, it holds the potential to unlock significant value and redefine the company's trajectory. Stay tuned for the unfolding chapters of Vedanta Ltd.'s journey towards a brighter and more focused future.