Viceroy calls semiconductor unit of Vedanta a 'sham op' |...

Dununu.com Dununu

Sponsor

Viceroy calls semiconductor unit of Vedanta a 'sham op'

RSS Feed Business

Posted

115

Viceroy Research has accused Anil Agarwal's Vedanta Group of operating its semiconductor unit as a "sham commodities trading operation" to evade NBFC classification. This alleged scheme facilitated Vedanta Ltd's remittance of brand fees to its parent company during a liquidity crisis. Vedanta has refuted these allegations, asserting that all activities of its semiconductor unit are transparent and compliant with regulations.

Read Full Article

Please log in to like, share and comment!

Fake stamps, currency, diplomatic license plates: How a man ran fake embassy for 'West Arctica' from Ghaziabad

By 0 0

National Sports Bill: How is it different from National Sports Code?

India is on the verge of modernizing its sports administration with the National Sports...

By 0 9

Deadly shooting in Northern Ireland kills 2; police say no ongoing threat, probe launched

By 0 39

Rasha Thadani praises paparazzi for helping her Daadi

Rasha Thadani thanked the paparazzi for helping her grandmother out of a car by putting their...

By 0 39

Dharmendra shares rare romantic photo with Hema Malini

Dharmendra, at 89, recently evoked nostalgia by sharing a romantic still from his 1975 hit...

By 0 41