Crisil downgrades Vedanta’s long-term rating; here’s how stock reacted

[ad_1] “However, Crisil Ratings understands that the VRL is in process of refinancing the bonds maturing in January 2024 ($1 billion), August 2024 ($0.95 billion) and March 2025 ($1.2 billion). This…

Vedanta Q2 Results: Net loss at ₹915 cr over tax rate changes, revenue up 6%

[ad_1] Vedanta Q2 Results: Vedanta announced its July-September quarter results for fiscal 2023-24 (Q2FY24) on Saturday, November 4, reporting a consolidated net loss of ₹915 crore, compared to a net…

Ka-ching! $193Bn Dividend Bounty For India Inc. Shareholders

[ad_1] IT’S NOT RAINING, it’s pouring — money. Over the past five years, a record-breaking surge has seen owners of listed businesses taking home an unprecedented bounty in dividend payouts.…

Vedanta CFO likely to quit months after joining firm: Report – ET Telecom

[ad_1] By Anto AntonyVedanta Ltd. may lose its third chief financial officer in as many years just as the mining conglomerate controlled by billionaire Anil Agarwal heads into an ambitious…

Government stake sale in Hindustan Zinc to be “spaced out” 

[ad_1] The Centre is likely to delay or space out the off-load of its 29.54 per cent stake in Vedanta-owned Hindustan Zinc, as it continues to explore “best possible options”,…

Vedanta demerger of operations on cards: Aluminum, steel, oil businesses may be listed separately, says report

[ad_1] Vedanta Ltd, controlled by metal and mining mogul Anil Agarwal, is reportedly closing a deal to demerge its businesses into several listed entities. The company has informed its lenders…

Vedanta to raise up to ₹2,500 cr via NCDs; stock hits fresh 52-week low

[ad_1] “Copper is a key metal for world’s decarbonisation. Demand is growing rapidly. In India, growth is over 20% annually. Vedanta acquired KCM in 2004 and made good profits when…

Vedanta should buy parent’s African copper biz: Agarwal

[ad_1] New Delhi: Anil Agarwal, the mining tycoon, has suggested that his publicly traded company Vedanta Ltd acquire Konkola Copper Mines from parent Vedanta Resources Ltd, which has regained control…

Teachers’ Day 2023: ‘I thank my team for helping me…’, says Anil Agarwal

[ad_1] Teachers’ Day 2023: Vedanta Group Chairman Anil Agarwal on Tuesday expressed gratitude to the company’s young business team who always teach him the latest social media trends and innovative…

After Adani, OCCRP targets Vedanta; alleges mining giant ran lobbying campaign to weaken green rules

[ad_1] The Organised Crime and Corruption Reporting Project (OCCRP) in a fresh article has said Anil Agarwal-led Vedanta was behind a “covert” lobbying campaign to weaken key environmental regulations during…