Units

Vedanta Raises About $850 Million via JPMorgan, Oaktree Loan: Report

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[ad_1] Last Updated: May 24, 2023, 02:59 IST A man walks past the logo of Vedanta outside its headquarters in Mumbai, India January 31, 2018. (Reuters/Danish Siddiqui/File Photo) Vedanta Group is relying on money from its units to tackle its debt burden, after its efforts to sell some zinc assets to Hindustan Zinc Ltd Vedanta … Read more

In Major Overhaul, Alibaba Says Will Split Into 6 Units

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[ad_1] Alibaba said the moves were intended to “unlock shareholder value and foster market competitiveness”. Beijing: Alibaba announced today that it would split into six business groups in one of the most significant overhauls of a leading Chinese tech firm to date. Daniel Zhang, the company’s chairman and CEO (Chief Executive Officer), said the restructuring … Read more