Page 4 of Vedanta Group

Moody’s downgrades Vedanta Resources, outlook remains negative

Moody’s said it has downgraded to Caa2 from Caa1, the corporate family rating (CFR) of Vedanta Resources Limited (VRL).

Updated: September 28, 2023 00:17 IST

Vedanta, OCCRP report, mining company, lobbying, environmental regulations, pandemic, environmental clearances, Cairn India

Another OCCRP revelation: Vedanta ran ‘covert’ lobbying campaign to weaken environmental regulations during pandemic

In an article, OCCRP said that Vedanta ran a ‘covert’ lobbying campaign to weaken key environmental regulations during the Covid-19…

September 1, 2023 07:22 IST

Anil Agarwal, Anil Agarwal net worth, Anil Agarwal lifestyle, Anil Agarwal family, Anil Agarwal shares, Anil Agarwal vedanta, vedanta shares, lifestyle

Meet Anil Agarwal: The ‘metal king’ of India, who is the Chairman and founder of Vedanta Group; know about his journey, philanthropic interests and controversies

At the age of 19, he set out for Mumbai, the “City of Dreams,” with a tiffin box, some bedding,…

Updated: August 27, 2023 10:06 IST

Vedanta, Capex, Aluminum, India's GDP ,Vedanta, capex, aluminum, India's GDP

Vedanta lays out $1.7-billion capex plan for FY24

Vedanta is expanding capacities across various businesses, which are in various stages of implementation.

June 20, 2023 02:30 IST

Hindustan Zinc net profit falls 12 per cent to Rs 2,583 crore in Q4

The company clocked Rs 2,928 crore net profit in the January-March period of the preceding 2021-22 fiscal, HZL said in…

Updated: April 21, 2023 16:40 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

Wild card for prospectors

For greater energy security, there is no alternative to stepping up domestic oil production.

March 6, 2023 04:30 IST

Vedanta in advanced stages to tie up fresh loans of $1 bn

Vedanta, the subsidiary of Vedanta Resources, does not have any pledge except 6.8% of Hindustan Zinc’s (HZL) shares.

March 1, 2023 04:30 IST

Why Anil Agrawal’s Vedanta shares fell nearly 9% today; Hindustan Zinc sale still a thorn in its side

The government opposed the Vedanta’s proposal to sell its international zinc business to Hindustan Zinc Ltd for $2.98 billion over…

Updated: February 28, 2023 15:32 IST

hindustan zinc, vedanta zinc, acquisition, shareholder, liquidity, party transaction, cashless methods

India opposes Hindustan Zinc’s $2.98 billion deal for Vedanta zinc assets

The government holds a near 30 per cent stake in Hindustan Zinc, while Vedanta owns almost 65 per cent. Directors…

February 20, 2023 11:55 IST

Vedanta announces third dividend of Rs 17.50 per share

The mining giant’s gross debt stood at Rs 58,597 crore as on September 30.

November 22, 2022 18:16 IST

Moody’s downgrades Vedanta corporate family rating

Moody’s Investors Service on Monday downgraded the corporate family rating (CFR) of Vedanta Resources (VRL) to ‘B3’ from ‘B2’, citing…

November 1, 2022 03:30 IST

Vedanta sees chip business break-even in 5 years’ time

As per the MoUs signed by both parties, the Gujarat government will facilitate the investor in obtaining necessary permissions and…

September 14, 2022 06:00 IST

Gujarat is Vedanta’s pick for $20-billion semiconductor foray

The Vedanta Group has an initial investment plan of $2 billion for the semiconductor unit which would go up to…

September 13, 2022 06:00 IST

CSR: Industry calls for progressive capitalism, see benefits percolating down

Dr Bhaskar Chatterjee, the architect of mandatory CSR in India, expressed satisfaction at the change in mindset of corporate leadership…

August 4, 2022 20:20 IST

Vedanta net profit rises 5 pc to Rs 4,421 crore in April-June

The diversified natural resources company had posted a consolidated net profit of Rs 4,224 crore in the year-ago period, Vedanta…

July 28, 2022 18:21 IST

Closure of Vedanta’s copper unit results in Rs 14,749 crore loss to economy: Report

The report comes a month after Vedanta putting on sale its copper unit which was shut four years ago after…

July 26, 2022 18:01 IST

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This zero-calorie drink can be worse for your liver than sugary beverages: Study

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A recent study challenges the notion that diet sodas are healthier than sugary beverages. It shows that even one diet soda per day can raise the risk of nonalcoholic fatty liver disease by 60%, while sugary drinks increase the risk by 50%. This condition can lead to serious health issues, making water the best choice for hydration.

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