The verdict follows a three-year legal battle that culminated on 9 August, when a South Carolina jury found STL's US arm Sterlite Technologies Inc. (STI) guilty of illegally acquiring competitor Prysmian’s trade secrets
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This clearance allows Vedanta to seek approval from stock exchanges and subsequently file the demerger scheme with the National Company Law Tribunal (NCLT)
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Demerger will simplify Vedanta's corporate structure by establishing independent businesses
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With this investment, the company will focus on infrastructural development, health, sanitation, environment and climate change initiatives, human capacity development
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