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Vedanta's consolidated Q2 PAT down 40% at Rs 1,644 cr on higher tax outgo
Company's bottom line takes a hit even as expenses decline 16% YoY; net sales down 4.3%
Ajay Dixit exits Cairn, is fifth CEO to quit firm since Vedanta acquisition
Cairn Oil & Gas said in a statement that Dixit is superannuating at the end of his five-year term at the group in May
Vedanta's Venkatakrishnan resigns; Sunil Duggal appointed interim CEO
The company further announced appointment of Anil Agarwal as additional non-executive director designated as chairman of the company's board with effect from Saturday
Zinc can help build corrosion-free infra for Railways: HZL CEO Sunil Duggal
Corrosion reduces life of rails & increases maintenance workload