Page 10 of Vedanta

$10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar

The production-linked incentive scheme last year attracted firms like Vedanta and Taiwan’s Foxconn, who promised multi-billion dollar investment in setting…

Updated: July 27, 2023 16:42 IST

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

Vedanta posts 41% slump in Q1 profit on soft metal prices

Aluminium prices have fallen 47% from a record high in March last year, while zinc prices are down about 37%…

July 21, 2023 20:13 IST

Vedanta, Vedanta chip unit, Vedanta semiconductor,

Waiting for govt nod to chip units, says Vedanta

Vedanta is also looking to set up its display glass manufacturing unit in Gujarat to tap the $30 billion (Rs…

July 19, 2023 06:20 IST

Companies with the highest dividend yields

Top dividend-yield large-cap shares in last 1 year: Vedanta, Hindustan Zinc, Coal India, Oil India, ONGC, more

Vedanta and Hindustan Zinc have had the highest dividend yield in the last 12 months at 31% and 25%, respectively,…

July 18, 2023 14:43 IST

Foxconn, chip plant, STMicroelectronics NV, Vedanta Resources, semiconductor business, chip technology, financing plans, debt arrangements

Foxconn’s change of heart on chips is a warning to India

How can India both raise and meet its ambition of becoming an electronics manufacturing hub? For manufacturers, the answer is…

July 14, 2023 07:50 IST

Foxconn backing out of semiconductor JV credit negative for Vedanta: CreditSights

The chip-making venture was previously parked in units under the parent firm but last week Vedanta Ltd took over the…

July 13, 2023 17:12 IST

Vedanta to continue ‘sizeable investments’ in India; made $35 bn investment till date: Chairman Anil Agarwal

Vedanta plans to invest $1.7 billion (Rs 14,000 crore) in the current financial year to expand the capacities of its…

July 12, 2023 17:20 IST

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, Vedanta semiconductor plant, Vedanta chip plant, foxconn,

As Foxconn withdraws, Vedanta says other partners lined for chip plant

Vedanta said that it has redoubled efforts to fulfil the Prime Minister Narendra Modi’s vision for semiconductors and affirmed that…

July 10, 2023 18:41 IST

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

Vedanta rejigs semiconductors, display glass ventures

Brings them under Indian mining major Vedanta

July 8, 2023 02:15 IST

Vedanta, Vedanta ESL steel, Vedanta stake in ESL steel,

Past environmental issues: Vedanta’s plans to sell ESL Steel may get tepid response

Rising losses could also hurt investor interest in the firm

July 5, 2023 02:15 IST

Vedanta Resources, tech push, display factory, electronics components, manufacturing hub, Foxconn, semiconductor, LCD technology

Vedanta deepens tech push with $4 billion India display factory

Vedanta, which has partnered with Foxconn Group affiliate Innolux Corp. for the display business, plans to manufacture glass and assemble…

June 28, 2023 09:30 IST

Vedanta-Foxconn, Vedanta-Foxconn chips making, Vedanta-Foxconn semiconductor,

Vedanta-Foxconn submits revised application for making chips

“We have submitted the application as per the revised guidelines. We are committed to building a world-class fab in India,”…

June 28, 2023 06:15 IST

FY24 is the year of reckoning for Vedanta Resources

In FY23, VRL deleveraged $2 billion against its commitment of $4 billion deleveraging over three years, chairman Anil Agarwal said…

June 27, 2023 06:00 IST

Vedanta to service debt maturing in next 12 months: CreditSights

“We expect VRL to be successful at servicing its debt maturities in the next 12 months, aided by the recent…

Updated: June 14, 2023 07:20 IST

Vedanta trims gross debt to $7.8 billion from $9.8 billion in 12 months

Prior to that, the company had said it pledged 4.4% of its overall holding in Vedanta to Glencore in lieu…

Updated: June 9, 2023 07:04 IST

Vedanta’s Sterlite Copper plant gets orders to start upkeep work

The apex court took the decision to allow upkeep of the plant based on the report of a high-powered committee…

June 3, 2023 00:30 IST

Micron, investment, chip packaging plant, semiconductor, Make in India, supply chain, technological trade, infrastructure, US chipmakers, financial support

PM Modi’s $24 billion manufacturing push is stuck on the assembly line

The collapse of India’s semiconductor push will expose a major fault line in Prime Minister Narendra Modi’s campaign for greater…

June 2, 2023 10:53 IST

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