Page 2 of Anil Agarwal

Vedanta stock tanks 2% today after Foxconn ends $19.5 bln semiconductor JV; No impact on India, says IT Min

Vedanta stock has traded flat in the last few months despite a positive sentiment in the domestic market. While the…

Updated: July 11, 2023 10:34 IST

Vedanta Resources pays $400 million debt, borrowings down to $6.4 billion

CreditSights, a Fitch Group firm, had last week stated that it saw lower refinancing risk for Vedanta Resources Ltd’s (VRL)…

Updated: May 31, 2023 15:52 IST

privatization, Gautam Adani, Anil Agarwal, public finances, IDBI Bank, foreign capital, capitalization, stock-price manipulation, insolvency issues, disinvestment, Vedanta Resources

Scrutiny of Indian tycoons deals a blow to Modi’s privatization drive

The market capitalization of the seven listed companies flagged for privatization is about $25 billion, according to Bloomberg calculations.

May 23, 2023 11:57 IST

semiconductor, chipmaker, anil agarwal, new delhi, india, china, taiwan

India renews call for chipmakers as billionaire’s effort drags

India is joining countries including the US in trying to boost chip output to reduce reliance on expensive imports and…

May 10, 2023 15:35 IST

Anil Agarwal, Vedanta, metal dealer, debt, cash crunch, infrastructure, interest rate, commodity prices, transaction, semiconductor, scrap metal, funds

Vedanta says talk of stake sale baseless as shares drop 6 per cent

Shares of Vedanta fell as much as 6.3% on Thursday after the report to their lowest since early March before…

Updated: March 23, 2023 12:17 IST

Vedanta share price, Anil Agarwal vedanta debt

Vedanta share price rises after Anil Agarwal says ‘$1 billion is peanuts for us’, dismisses debt concerns

Anil Agarwal said that the Vedanta group’s commodities businesses were ‘throwing off enough cash’ and expects $9 bln of profit…

March 9, 2023 11:52 IST

Vedanta shares jump over 1%; Anil Agarwal asks government to sell its 29% stake in Hindustan Zinc

Vedanta share price has risen nearly 2% in the past one week while in the last one year shares have…

March 6, 2023 12:02 IST

Vedanta cuts debt by USD 2 billion ahead of plans

In the late morning session, the scrip of the company declined by 4.38 per cent to Rs 835.55 apiece on…

Updated: February 15, 2023 14:33 IST

Vedanta Resources’ liquidity hinges on fund-raising: S&P

The rating on Vedanta Resources will likely come under immediate pressure if neither of these transactions progresses over the coming…

Updated: February 9, 2023 13:23 IST

Vedanta Resources’ semiconductor plans won’t chip away at liquidity: S&P

“This is because the company has reiterated that the USD 20 billion related investment will be carried out outside of…

Updated: September 19, 2022 12:07 IST

‘Your request for central government alignment…’: What Maharashtra CM wrote in July 26 letter to Vedanta chairman Anil Agarwal

A senior government official said Shinde and Deputy Chief Minister Devendra Fadnavis were in regular touch with Vedanta chairman Anil…

September 16, 2022 12:27 IST

Vedanta to make Rs 25,000 crore fresh investment in Odisha

Odisha Chief Minister Naveen Patnaik held a meeting with Vedanta Resources chairman Anil Agarwal in Mumbai on the sidelines of…

September 15, 2022 09:21 IST

Six merchant bankers in fray for govt’s HZL stake sale; to make presentation on Friday

ICICI Securities, SBI Capital Markets, HDFC Bank, IIFL Securities, Axis Capital and Citigroup Global Markets will make their presentations via…

August 11, 2022 15:14 IST

India’s exploration, production policy should be liberalised for metals, minerals, says Anil Agarwal

The country, he said, is a powerhouse of talent and on the path of making advances in the world of…

July 18, 2022 19:37 IST

Govt to soon hire bankers for HZL residual stake sale

On May 25, the Cabinet had given its nod for the sale of the Centre’s stake in Vedanta-controlled HZL, a…

Updated: June 21, 2022 08:15 IST

Agarwal said Vedanta is confident of getting global orders once its semiconductor manufacturing unit is up and running in India. The company is already into manufacturing fab glasses and optic fibre globally, so it is not going to be a new business.

We can create a Silicon Valley in India: Vedanta chairman Anil Agarwal

“Today we only have branded products like mobile phones etc., once we have the raw material also (chips), the cycle…

May 12, 2022 04:10 IST

Vedanta to invest $1.5 billion across oil, zinc, steel business

Its board at a meeting on Friday approved USD 687 million capital spending for drilling of new wells at the…

March 25, 2022 20:05 IST

Vedanta hits fresh 52-week high, shares rally 13% so far this year; should you buy now or sell?

Vedanta share price soared nearly 3% on Tuesday morning to hit a fresh 52-week high as the mining major extended…

March 22, 2022 10:37 IST

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