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Anil Agarwal on the board of his Indian entity

FOR the first time, Anil Agarwal has taken a board position in his Indian entity Vedanta Ltd, replacing brother Navin.

The company said that Anil Agarwal has been appointed as "the non-executive chairman" of the Indian entity, which houses oil and gas, aluminium, power, iron ore, steel and copper business.


Anil had been heading London-based Vedanta Resources so far.

Navin will now be the executive Vice Chairman of the board.

The change happened following the resignation of the CEO S Venkatakrishnan. He was replaced by Sunil Duggal, current head of Vedanta unit Hindustan Zinc Ltd.

'The company will be run by a management committee comprising of CEO, CFO, CHRO and CCO who will take all key decisions collectively under the guidance of Chairman," the statement said.

Anil Agarwal's daughter Priya is also in the board as director.

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Trump credits King Charles for securing whisky tariff removal no one else achieved

Highlights

  • Trump announces tariff removal honouring King Charles and Queen Camilla.
  • Scotch whisky faced 10 per cent tariff with potential rise to 25 per cent later this year.
  • US remains largest market for Scottish whisky at $1.2 billion annually.
US president Donald Trump announced on Thursday he was removing tariffs on Scottish whisky in honour of Britain's King Charles III and Queen Camilla as they completed their state visit.
The announcement came shortly after the royal couple ended their four-day trip to the United States, representing a major trade concession to Britain.

After bidding the British royals goodbye at the White House, Trump posted that he was making the gesture "in Honor of the King and Queen of the United Kingdom."

He said on his Truth Social network: "The King and Queen got me to do something that nobody else was able to do, without hardly even asking!"

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