Vedanta Group’s next big focus: Deleveraging its balance sheet

[ad_1] Burdened by debt, Anil Agarwal-led Vedanta Limited’s decision to split into six different entities has not been entirely unexpected. With repayments of around $1.4 billion due in the next…

Vedanta shares in news today after India Ratings downgrades metal firm’s debt facilities

[ad_1] Shares of Vedanta Ltd are in focus today after India Ratings and Research downgraded the firm’s ratings for the long-term bank facilities and debt instruments. The ratings have been…

Anil Agarwal Says Vedanta To Sell Steel Business By March 2024 To Repay Debt

[ad_1] The metals-to-mining conglomerate announced that it looks to unlock value through demerger into six listed companies. The company will demerge aluminium, oil and gas, power, steel, and metal businesses…

Billionaire Agarwal shakes up Vedanta as debt bill looms

[ad_1] Mumbai: Billionaire Anil Agarwal’s Vedanta has announced plans to overhaul the tycoon’s sprawling conglomerate amid efforts to reduce a multibillion dollar debt load at its parent company. The board…

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’s aluminum, steel, oil businesses may be listed separately soon: Report

[ad_1] Business tycoon Anil Agarwal’s Vedanta Ltd is nearing a deal under which the businesses of the companies could be listed separately on the stock market, according to a report…

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…

Stocks To Watch: Infosys, ICICI, Wipro, JSW Steel, Vedanta, Glenmark, Zaggle Prepaid, Samhi Hotels, Sai Silks

[ad_1] Stocks To Watch: Infosys, ICICI, Wipro, JSW Steel, Vedanta, Glenmark, Zaggle Prepaid, Samhi Hotels, Sai Silks  BQ Prime [ad_2] Source link

Vedanta appoints Chris Griffith as CEO of base metals unit, president of international ops

[ad_1] Vedanta Resources announced on September 14 it has appointed Chris Griffith, former CEO of Gold Fields and Anglo American Plc executive, as the CEO of its Base Metals unit…

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…