
Pays all its maturing loans and bonds due in May and June
The government is likely to tell the venture between Agarwal’s Vedanta Resources Ltd. and Taiwan’s Hon Hai Precision Industry Co.…
VRL, Westglobe, Richter Holding and FICL are members of the promoter group of Indian mining major Vedanta.
The move gains importance as Vedanta had pledged almost 95% of its holdings in Hindustan Zinc (HZL), including a recent…
The move comes at a time when its parent Vedanta Resources is shoring up funds to trim debt.
Vedanta had announced a dividend of Rs 33 per share in the March quarter and a total of five dividends…
Agarwal’s Vedanta Resources Ltd. is relying heavily on money from its units to reduce its debt load after it failed…
The record date for the dividend, if declared, has been fixed as May 30, the company said in a stock…
Vedanta has the highest dividend yield at 26%, while Bajaj Auto and TCS have a yield of only 3%.
The move comes as Vedanta’s parent, Vedanta Resources, tries to trim its debt amid concerns over its ability to meet…
Revenue declined 5 per cent to Rs 37,225 crore in the fourth quarter of 2022-23 (April 2022 to March 2023)…
The company has repaid three facilities, which were taken from Standard Chartered Bank, London and Hong Kong, VRL said in…
London-headquartered Vedanta Resources (VRL), the parent company of mining major Vedanta, has reduced its gross debt by another $1 billion.
“Vedanta has thereby achieved 75 per cent of its committed reduction in just 14 months,” the firm said in a…
On April 13, Vedanta’s board approved raising of up to Rs 2,100 crore through issuance of non-convertible debentures (NCDs) through…
Vedanta Group on Monday said it has signed MoUs with 20 Korean display glass companies for the development of an…
Mining major Vedanta Ltd, a subsidiary of London-headquartered Vedanta Resources (VRL), has approved raising of up to Rs 2,100 crore…
Seven months after Agarwal announced a chip partnership between his Vedanta Resources Ltd. and Taiwan’s Hon Hai Precision Industry Co.,…