Page 2 of Vedanta Resources

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

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

Vedanta to sell overseas zinc business to India unit for $2.98 billion

The deal is important for Vedanta’s billionaire-owner Agarwal, who is seeking to simplify the corporate structure of his commodities empire…

January 20, 2023 12:02 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

Liquidity stress eases for Vedanta Resources: S&P

The rating agency also said that while Vedanta Resources still has some funds to raise, it has sufficient cash at…

July 14, 2022 17:09 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

Large dividend from India unit boosts Vedanta Resources’ refinancing efforts, says Moody’s

VRL has launched a tender offer to purchase for cash up to USD 500 million of its USD 1 billion…

May 2, 2022 15:42 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

The company had posted a consolidated net profit of Rs 3,299 crore in the year-ago period, Vedanta Ltd said in a filing to the BSE. (File/IE)

Vedanta Q3 net profit rises 26% to Rs 4,164 crore

Its consolidated income during the October-December period increased to Rs 34,674 crore from Rs 23,621 crore in the year-ago period.

January 28, 2022 16:32 IST

Videocon insolvency: Lenders make U-turn, want fresh bids

SBI, the leading lender of Videocon Industries, has approached the NCLAT requesting for a rebidding of the 13 companies of…

September 20, 2021 19:28 IST

Vedanta shares tank 22%; public shareholder clueless as delisting fails, but is it now a value buy?

After the failed delisting, shares of Vedanta Limited tanked 22% on Monday to trade at Rs 94 per share.

Updated: October 12, 2020 12:35 IST

Zinc resources, capex, Vedanta group, Zinc India, Zinc International

Vedanta Resources’ loss narrows to $3.5 billion in FY16

Metals conglomerate Vedanta Resources today reported a net loss of USD 3.5 billion for the fiscal ended March 2016 hit…

May 12, 2016 15:19 IST

Vedanta Resources faces refinancing risk: Moody’s

Downgrading Vedanta Resources corporate family rating, Moody’s Investor Service today said the metals and mining conglomerate faces a refinancing risk.…

March 7, 2016 22:41 IST

Hindustan Zinc, Hindustan Zinc Q3 Net, Hindustan Zinc Vedanta Resources, Company

Supreme Court has rejected Hindustan Zinc petition twice, so why is it being entertained again?

Though the Supreme Court has, as yet, not ruled against the government selling its residual stake in Hindustan Zinc Limited…

January 20, 2016 15:43 IST

Vedanta Resources fin performance to remain weak for 12-18 mths: Standard & Poor’s

The financial performance of Vedanta Resources is expected to remain weak for the next 12 to 18 months as low…

October 20, 2015 21:39 IST

S&P puts Vedanta on CreditWatch list with negative implications

Standard and Poor’s Ratings Services on Wednesday said it is placing the ratings on Vedanta Resources PLC’s ‘BB-‘ foreign currency…

September 10, 2015 00:58 IST

Vedanta Resources bets on India for future growth

Vedanta Resources is looking at various growth opportunities in India to navigate through the downturn in the commodities market as…

August 4, 2015 16:49 IST

Vedanta Resources Q1 operating profit falls 38% to $644.6 mn

Vedanta Resources today reported 38 per cent decline in operating profit to USD 644.6 million (about Rs 4,135 crore) for…

July 31, 2015 20:40 IST

Cairn-Vedanta deal: LIC expresses doubts over valuations, debt

LIC officials told the Cairn India officials that they have some concerns around valuation of the deal.

Updated: June 16, 2015 23:13 IST

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