Talks Of Any Stake Sale “Untrue And Baseless”: Vedanta
Shares of Vedanta fell as much as 6.3%. (File)Bengaluru: Billionaire Anil Agarwal-led Vedanta Ltd called talks of any stake sale in the mining major “untrue and baseless” on Thursday, after…
Vedanta’s Debt-Cut Plan At Risk As India Opposes $3 Billion Asset Sale
Vedanta Resources’ efforts to manage its debt load were dealt a blow after the government opposed the mining conglomerate’s proposed $2.98 billion deal to move certain zinc assets from its…
Hindustan Zinc To Invest $1 Billion On Shift To Battery-Operated Mining Vehicles
Hindustan Zinc is planning to turn into a green energy user.(Representational)Udaipur: The Vedanta group firm Hindustan Zinc (HZL), which is the world’s second-largest manufacturer of the metal, is planning to…
Vedanta Partners With Japanese Firms To Develop Semiconductor Manufacturing In India
Vedanta Ltd is a leading oil and gas company.(Representational)New Delhi: Vedanta Group today said that it has signed pacts with 30 Japanese technology companies to develop an Indian semiconductor and…
Vedanta Announces Third Interim Dividend Of Rs 17.50 Per Equity Share
Vedanta had earlier approved first interim dividend of Rs 31.5 (File)New Delhi: Mining giant Vedanta on Monday announced the third interim dividend of Rs 17.50 per equity share for the…
Vedanta Shares Rally 14% In 5 Days On Solid Revenue Report
Vedanta shares rally 14% in 5 days, including 6.5% rise on FridayMumbai (Maharashtra): The shares of Vedanta on Friday rose 6.5 per cent to Rs 321 a piece on the…
Vedanta Expects Revenue To Jump To $50 Billion In Two Years’ Time: Chairman
Anil Agarwal said Vedanta had total debt of $12 billion.Abu Dhabi: Metals to oil conglomerate Vedanta Ltd expects annual revenue of $50 billion in the next two to three years,…
Vedanta’s Profit Declines Over 60% To Rs 1,808 Crore In Q2 On Higher Input Costs
Vedanta’s profit declines 61 pc to Rs 1,808 crore in July-SeptemberNew Delhi: Vedanta Ltd on Friday reported a 60.8 per cent decline in consolidated net profit at Rs 1,808 crore…
Government May Clear Semiconductor Unit Proposals in Next 30-60 Days: MoS IT
The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in next 30-60 days, Minister of State for Electronics and…
Vedanta Chairman Faces Key Vote For Plan To Tap Cash Reserves
It’s a moment of reckoning for Anil Agarwal, who got his start as a scrap metals traderBillionaire Anil Agarwal’sVedanta Resources Ltd. will seek shareholder approval next week for a plan…