Vedanta Cases

  Vedanta’s Sterlite Copper plant in Thoothukudi (Tamil Nadu), which was closed in 2018, has sparked major public debates. The plant, which has been operational for more than 22 years, played a significant role in the nation’s copper production and industrial growth, but was closed due to allegations of air pollution, water contamination and violation of environmental norms.                                                                                                                                                However, in a recent move, local people and communities in Thoothukudi have demanded its reopening against the Ve...

India is experiencing a demerger boom, with big names breaking up to strengthen their operations and business activities in India and abroad. This trend of demergers is beneficial for the companies to support their expansion plans. One of the leading names joining this wave is Vedanta Limited , a major player in natural resources, critical minerals, energy, and technology. Established by the visionary industrialist, Anil Agarwal, Vedanta has already expressed its intentions to split its different businesses into separate companies. This is part of a bigger plan to simplify how the company operates and unlock the full value of each business. Now, Vedanta is waiting for final approval from the National Company Law Tribunal (NCLT) , a special court in India that handles company-related matters. The company expects to get Vedanta NCLT approval within the 3 rd quarter of this fiscal year. Vedanta’s Big Move: What’s Happening? Vedanta is India’s foremost natural resources, critical mineral...