Page 12 of Vedanta

Drop arbitration, list Balco: Govt to Vedanta

Wants to dilute its 49% stake in metal firm in IPO, to exit in due course,

April 3, 2023 05:15 IST

Vedanta, Anil Agarwal, Vedanta Resources, Ajay Goel, Vedanta CFO

Vedanta to dole out Rs 7,621 crore in its 5th dividend in FY23

Acting CFO and key managerial personnel Ajay Goel has resigned, effective from April 9, to pursue a career outside of…

March 29, 2023 03:00 IST

Vedanta, Vedanta Resources, Vedanta Chairman, Anil Agarwal, Industry

Vedanta declares fifth interim dividend as debt pressures mount at parent

The move comes days after a report said Chairman Anil Agarwal was weighing selling less than 5% stake in Vedanta.

March 28, 2023 20:32 IST

Anil Agarwal, Vedanta, metal dealer, debt, cash crunch, infrastructure, interest rate, commodity prices, transaction, semiconductor, scrap metal, funds

Anil Agarwal fights to raise cash to clear Vedanta’s debt

Though Vedanta’s debt pile is much smaller, the company’s bonds are rated near the lowest rung of gradings, raising the…

March 27, 2023 10:38 IST

Windfall Tax: Vedanta deducts USD 91 million from govt’s profit to make up for tax paid

India first imposed windfall profit tax on July 1, 2022 joining a growing number of nations that tax super normal…

March 24, 2023 15:46 IST

Vedanta says talk of stake sale baseless as shares drop 6 per cent

Shares of Vedanta fell as much as 6.3% on Thursday after the report to their lowest since early March before…

Updated: March 23, 2023 12:17 IST

Vedanta, Omar Davis, appointment, strategic initiatives, banker, investment banking, growth vision, financial partners, stakeholders, semiconductors business

Vedanta appoints Omar Davis as its President-Strategy

A seasoned natural resources banker, Davis has an experience of 25 years in the industry, Vedanta said in a statement.…

March 16, 2023 15:06 IST

Vedanta repays USD 100 million to Standard Chartered Bank

Vedanta Resources Ltd has earlier said it has enough means to meet debt repayment liabilities in the coming quarters as…

Updated: March 15, 2023 14:04 IST

HZL stake sale put on hold for this fiscal

March 13, 2023 05:30 IST

Moody’s downgrades Vedanta on debt refinancing concerns

Moody’s Investor Service has downgraded the corporate family rating (CFR) of London-based Vedanta Resources (VRL) and senior unsecured bonds issued…

March 11, 2023 02:30 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

Dividend-yielding stocks offer hedge vs volatility, steady income

Dividend yield is a financial ratio that shows how much a company pays out in dividend each year, relative to…

March 4, 2023 01:00 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

hzl, Hindustan Zinc, vedanta, zinc, industry news

HZL scouts for $2.5-billion zinc assets abroad

HZL’s consolidated gross investments and cash and cash equivalents stand at Rs 16,482 crore as in December 2022.

February 28, 2023 05:30 IST

Vedanta, Foxconn, semiconductor, Vedanta-Foxconn, Dholera SIR, Industry

Vedanta-Foxconn selects Dholera SIR for first semiconductor facility in India

This project is likely to get huge subsidies and incentives, like zero stamp duty on land purchase and subsidised water…

February 20, 2023 22:11 IST

vedanta resources news, vedanta resources net worth, vedanta company news,

Vedanta Resources cuts net debt by $2 bn in 11 months

Vedanta is set to capitalise on India’s growth, stable governance, and the strength of 1.4 billion Indians increasing their reliance…

February 16, 2023 00:30 IST

Vedanta cuts debt by USD 2 billion ahead of plans

In the late morning session, the scrip of the company declined by 4.38 per cent to Rs 835.55 apiece on…

Updated: February 15, 2023 14:33 IST

stocks in focus, stocks to watch, adani group shares, vedanta

Bajaj Finance, NTPC, Vedanta, IOC, Tata Elxsi, CMS Info Systems, Adani group stocks in focus

SGX Nifty hints at a positive start for benchmark indices BSE Sensex and NSE Nifty 50 on Monday. Adani group…

January 30, 2023 07:16 IST

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