Viceroy calls semiconductor unit of Vedanta a ‘sham op’

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…

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Investors seek a bite of food & beverages pie

The Indian food and beverage sector is witnessing significant investor interest, with firms vying for stakes in both established and emerging brands like Theobroma, Haldiram’s, and Wow! Momo. Despite a consumption slowdown, the appetite for India’s consumption story remains strong, and the deal counters, it seem, are buzzing and buzzing.

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Hockey Canada sexual assault trial judge faces career-defining moment with high-stakes sexual assault verdict

Justice Maria Carroccia, a veteran of criminal law, is set to deliver the verdict in the highly anticipated Hockey Canada sexual assault trial on July 24, 2025. Known for her calm demeanor and legal precision honed through years of high-stakes cases, including a complex Windsor murder trial, Carroccia’s decision to proceed without a jury has…

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HDFC duo’s merger still looms over industry’s credit growth

The HDFC and HDFC Bank merger continues to impact credit growth, pulling industry figures into single digits in Q1FY26. HDFC Bank’s loan growth slowed post-merger to prioritize balance sheet stability, impacting overall banking system performance. While mortgage growth was slower than the industry average due to intense competition, the bank anticipates consumption recovery and MSME…

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