Vedanta
Vedanta shareholders, creditors nod to Cairn India merger; shares down
Shareholders and creditors of Vedanta Limited on Friday gave their approval to the proposed merger of the company with its cash-rich arm Cairn India.
Vedanta may bid for coal mines to meet energy requirements
Vedanta is planning to acquire coal mines via auctions as the mining conglomerate seeks to ensure fuel security for its energy guzzling aluminium plants.
GVK Power, Yes Bank, Visa Steel among 10 stocks that remained in focus in Friday’s trade
GVK Power & Infrastructure shares closed 15.91 per cent up at Rs 5.61 after after the company sought shareholders' approval for increasing the maximum limit of loans and guarantees that can be given to other entities.
Vedanta readies $500 million capex for its zinc business
Vedanta Resources will invest $500 million (nearly Rs 3,350 crore) in its zinc business, which is about half of its total capex for the current fiscal (2016-17)
Vedanta creates Rs 200 crore fund for R&D
Mining conglomerate Vedanta Ltd today said it is creating a Rs 200 crore fund, Eureka, to fund in-house opportunities for research and development (R&D).
Vedanta unit seeks rollover of $ 1.25 bn loan from Cairn India
Vedanta Group firm THL Zinc Ltd has sought a rollover of a controversial USD 1.25-billion loan taken from the conglomerate's cash-rich oil explorer Cairn India in July 2014.
Vedanta shares climb over 5 per cent intraday as net loss narrows
Vedanta rose by over 5 per cent after the company managed to lower its net loss at Rs 11,181.26 crore in the March quarter.
Vedanta posts Q4 loss of Rs 11,181 crore on impairment charge
Mining major Vedanta Ltd today reported a consolidated net loss of Rs 11,181.26 crore in the march quarter last fiscal due to a non-cash impairment charge of Rs 12,304 crore largely relating to Cairn India.
Cairn India merger with Vedanta only after share release: Hasmukh Adhia
In a setback to mining mogul Anil Agarwal, the government today said he can merge subsidiary Cairn India with his flagship firm Vedanta Ltd only after paying for the shares the Income Tax Department has attached following the
Anil Agarwal wants to model Vedanta on GE lines
The Patna-born mining mogul Anil Agarwal plans to convert his group Vedanta Resources Plc into a GE-like institution -- a board-run conglomerate run by best professionals -- as he does not see his children taking over the man
Hindustan Zinc, Vedanta shares surge on Rs 10,141 crore dividend
Hindustan Zinc (HZL) shares surged as much as 14 per cent in the early trade on Thursday after the company on Wednesday declared special golden jubilee dividend.
India’s aluminium consumption to rise to 20 MT: Anil Agarwal
Speaking at a CII event here, he said aluminium as a light metal is being considered as the future of industry and setting up a small and medium enterprise (SME) in the sector will require an investment between Rs 25-500 cror
Top 7 stocks that remained in focus today: Jindal Steel, Opto Circuits and more
Opto Circuits shares closed 9.99 per cent up at Rs 10.57 after it reported net profit of Rs 6.39 crore for the quarter ended December 2015 against net loss of Rs 178.83 crore in the same quarter last year.
Vedanta to set up aluminium park in Odisha
Vedanta today said it will ink a Memorandum of Understanding (MoU) with the Odisha government to set up the aluminium park across 240 acres of land in Jharsuguda.
Vedanta Q3 net declines 99% to Rs 18 crore
Revenue declined 22.6% from a year ago to 14,876.5 crore in the third quarter was hit due to benign oil and metals prices despite 13% growth in power business.
