Vedanta Group
Vedanta promoter group looks to increase stake by 10%, move aimed at another delisting attempt?
Since the beginning of November, shares of Vedanta Limited have surged more than 80%. The move to increase shareholding comes weeks after the promoter group bought 4.98% stake from the open market.
Vedanta shares surge 13%, hit 52-week high as promoters make bid to scoop up shares from open market
The move comes months after the promoters tried to delist the firm at a heavy discount. On Thursday, shares of the firm surged 13% to trade at a high of Rs 170.5 apiece.
Market Highlights: Sensex tanks 580 pts, closes deep in red, Nifty below 12,800; financials drags indices lower
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Sensex and Nifty ended deep in the red, snapping their four day gaining streak. Broader markets continued to outperform benchmark indices.
Vedanta delisting: At what price must investors sell shares? Fair value much higher than floor price
Proxy advisor and a corporate governance research firm Stakeholders Empowerment Services (SES), said that investors must ignore floor price, book value and 52-week low price as they do not reflect the true value of Vedanta sh
Vedanta arm ‘Sterlite Ports’ wins tender to redevelop Mormugao port in Goa
Metals major Vedanta today said its subsidiary Sterlite Ports will redevelop Mormugao port in Goa on Develop, Build, Finance, Operate and Transfer (DBFOT) basis for 30 years.
Post rating downgrade, Vedanta ups interest rate on debentures
Vedanta, the mining and metals player, has increased the coupon rate on non-convertible debentures issued by it in August 2015 to 9.70%
Hindustan Zinc to pay over Rs 10,000 crore as dividend in FY’16
Hindustan Zinc Ltd (HZL) announced that it will pay Rs 10,141 crore as dividend, which includes Rs 3,000 crore to the government, to its shareholders for the 2015-16 fiscal...
Cairn-Vedanta merger to be delayed by at least a quarter
The proposed merger of oil and gas explorer Cairn India with its parent firm Vedanta will get delayed by at least a quarter.
India has chance to cement ‘bright spot’ status: Anil Agarwal
As the global economic uncertainty weighs down on the world's elite here at WEF meeting, Vedanta group Chairman Anil Agarwal today said it presents India an opportunity to consolidate its position as a 'bright spot'.
GSPL pipeline to link Cairn’s Barmer block to gas grid
The company plans to produce ‘substantial’ natural gas in three years from the Barmer block
Firms go slow on capex as demand, cash flow down
From Cairn India to Hero MotoCorp, a clutch of corporates is cutting back on capex.
Vedanta cost cutting sees nearly 4,000 job losses since Jan
Metals and mining conglomerate Vedanta Resources, which has a sizable presence in India in oil and gas, aluminium, iron ore and zinc sectors, has announced slashing nearly 4,000 jobs...
Vedanta Group HR chief Rajesh Padmanabhan resigns
Mining conglomerate Vedanta Ltd's President and Group Chief Human Resource Officer Rajesh Padmanabhan has resigned from his post.
Debt-burdened Vedanta eyes Cairn merger to access subsidiary’s cash
Reverse merger to access subsidiary’s cash
Cairn India set to get 10-yr extension for Barmer
Centre to renegotiate terms as law ministry gives nod
Vedanta Group bid for 14 coal blocks; Aditya Birla Group, Adani, Naveen Jindal group also in fray
Mining baron Anil Agarwal-led Vedanta Group has bid for the most number of 14 coal mines out of 23...
SC to hear Centre plea on Vedanta merger
Apex court posts the matter for final hearing on April 28
Vedanta group shares come off cliff across markets
Market values of mining conglomerate Vedanta group firms have come off their cliffs sharply in the Indian as well as the US and UK markets...
Vedanta exploring merging Cairn, Hindustan Zinc: Anil Agarwal
Mining baron Anil Agarwal is mulling merging cash-cows Cairn India and Hindustan Zinc into his flagship Vedanta Group firm.
