Here's a news article based on the latest updates on Adani Enterprises, Adani Power, Vedanta, Texmaco Rail, and Oil India:

Adani Enterprises

Adani Enterprises is making strategic moves to strengthen its presence in the Indian aviation sector. Adani Defence & Aerospace, in partnership with Prime Aero, is set to acquire Indamer Technics Private Limited (ITPL), a prominent MRO (Maintenance, Repair, and Overhaul) company. The acquisition will be executed through a joint venture. This move aligns with Adani's focus on expanding its diverse business portfolio. In other news, Adani Enterprises has secured a Letter of Acceptance (LoA) for a significant ropeway project connecting Sonprayag and Kedarnath. Once completed, this project will reduce travel time to a mere 36 minutes. However, Adani Enterprises experienced a 45% drop in profit during the first quarter, reaching ₹976.48 crore, with revenue also decreasing by 13.7% to ₹21,961.20 crore. These results were attributed to lower trade volumes and index price volatility.

Adani Power

Adani Power is currently in the spotlight due to its first-ever stock split in the ratio of 1:5. The record date for the stock split is September 22, 2025. The company's stock is also rising due to a new hydroelectric project in Bhutan, for which Adani Power signed an agreement with Druk Green Power Corp. The companies will jointly establish a public company in Bhutan. Adani Power has also signed a Power Supply Agreement with Bihar State Power Generation Company Ltd. Adani Power shares have gained 23% this year, driven by new project wins, regulatory approvals, and the upcoming stock split.

Vedanta

Vedanta is navigating a complex situation regarding its proposed demerger plan. The National Company Law Tribunal (NCLT) deferred its demerger hearing to September 17, following serious objections from the Centre over alleged non-disclosure of key details. Concerns have been raised by the government regarding potential financial risks post-demerger, insufficient disclosure of liabilities, misrepresentation of hydrocarbon assets, and potential violations of SEBI's disclosure norms. Vedanta, however, has stated that all creditors and stakeholders have approved the demerger and has offered corporate guarantees to protect the government's dues. The group plans to split its India operations into five separate, publicly listed companies: Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Power, Vedanta Iron and Steel, and a restructured Vedanta Ltd. Despite these hurdles, the National Company Law Appellate Tribunal (NCLAT) has cleared Vedanta’s demerger plan, overturning an order from NCLT Mumbai. In other news, Vedanta has declared a second interim dividend of ₹16 per share for FY26, totaling ₹6,256 crore, with a record date of August 27, 2025. This follows a previous dividend of ₹7 per share. Vedanta has also emerged as the highest bidder for debt-laden Jaiprakash Associates with an NPV offer of ₹12,505 crore.

Texmaco Rail

Texmaco Rail & Engineering has secured an order worth ₹86.85 crore from UltraTech Cement for BCFC waggons along with a brake van. The order is expected to be delivered by March 2026. Last week, the company received a Letter of Acceptance (LoA) from Rail Vikas Nigam Limited for the Nagpur Project, worth ₹129.09 crore, including taxes. The company has also won a ₹44.04 crore order from MRVC for a traction infrastructure project on the Central Railway, to be completed in 18 months. However, Texmaco Rail & Engineering posted a sharp decline in earnings for the quarter ended June 30, 2025 (Q1 FY26), with net profit falling 50.5% year-on-year (YoY) to ₹29 crore. Revenue from operations also dropped 16.3% YoY to ₹911 crore.

Oil India

Oil India Limited (OIL) has announced it received $942 million in dividends from its Russian assets. This payout represents over 91% of OIL's original investment in the Vankorneft and Taas Yuryakh projects. The company expects to fully recover its investment in the coming year. However, about $330 million worth of OIL's dividends are currently held in Russian bank accounts. Oil India is also planning to bid for critical mineral reserves in Australia, Argentina, Chile, and other countries. This is part of its strategy to diversify beyond hydrocarbons. The company is targeting ₹1 lakh crore annual revenue and a cumulative capex of ₹1.3 trillion by 2030. It also aims to produce 10 million metric tonnes of oil equivalent oil and gas by 2030 and has set a target of ₹10,000 crore consolidated profit after tax by 2027.