 |
|
|
|||||
Tata Sons is exploring various scenarios to address the pressure from the Shapoorji Pallonji Group for a possible share sale. Options include a public listing, stake sale, or buyout of the minority stake. However, these outcomes are not expected immediately due to stakeholder disagreements and strained relations.
Category:
News and Media
The holding company, Vedanta Resources (VRL), which holds a 56.3% stake in India-listed Vedanta, relies on dividends from its operating subsidiaries to meet its repayment obligations. Vedanta pays annual brand fees, of 2-3% of turnover and is projected at around $300 million, to parent VRL, helping it in servicing its debt obligations.
Category:
News and Media
While urban demand continued to remain subdued, rural demand sustained its gradual recovery. Downtrading took place with small packs growing ahead of large packs. HUL's home care segment posted high single-digit volume growth, while the beauty and wellbeing segment posted a low-single-digit volume decline and the personal care and foods segments each posted a mid-single-digit volume decline.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||