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ru24.net
News in English
Ноябрь
2024

Vedanta, Tata Motors among 9 companies that announced demerger plans

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Nine major Indian companies, including ITC, Tata Motors, and Vedanta, are restructuring through demergers this year. ITC is spinning off its hotels business, while Tata Motors is separating its commercial and passenger vehicle divisions. Vedanta is undergoing a significant overhaul, creating six distinct listed entities. These strategic moves aim to unlock shareholder value and streamline operations across diverse sectors.



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