By Bijou George and Luca CasiraghiA recent tussle between a hedge fund and Indian mining giant Vedanta Ltd. is spotlighting growing scrutiny of a unit based in the British crown dependency of Jersey.That entity is Cairn India Holdings Ltd. (CIHL). Vedanta’s shareholder, hedge fund Kyma Capital, said earlier this month that a $956 million loan from Vedanta Ltd. to its holding company Vedanta Resources Ltd. -- channeled through CIHL -- represented an “improper transfer of value.”Since then, Vedanta Resources’s dollar bonds have declined.

MUMBAI: Sustaining demand, refilling inventory and normalising supply-chain bottlenecks at the manufacturer level are expected to drive automobile wholesale volumes for all segments except M&HCV in November with the tractor segment estimated to grow at a whopping 86.5 per cent, a report said on Friday. The report by brokerage Motilal Oswal Financial Services also said the festive season was reasonable with no major negative surprises.