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    <title>NCLT approves Vedanta demerger plan to split into sector-specific entities</title>
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    <description>The tribunal sanctioned Vedanta&#039;s demerger scheme to create separate sector-specific entities for aluminium, oil and gas, power, and iron and steel, following a revised scheme after regulatory engagement; the company says it secured securities regulator approval and will implement the scheme. The Ministry of Petroleum and Natural Gas had objected on grounds of alleged misrepresentation of hydrocarbon assets and insufficient disclosure of related liabilities and loans tied to a disputed oil and gas block, while the company asserts compliance with required disclosures.</description>
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