Vedanta

Vedanta says no pledge on shares; fund raise conditions bar promoters from share sale

Vedanta says no pledge on shares; fund raise conditions bar promoters from share sale

Vedanta had on Tuesday informed stock exchanges about its promoters raising USD 1 billion debt by issuing equivalent notes to Citicorp In...Read More

Vedanta raises USD 1.4 billion to retire debt

Vedanta raises USD 1.4 billion to retire debt

Promoters of Vedanta Ltd have pledged their holding in the company to raise USD 1.4 billion, mostly for repaying the debt that was coming...Read More

Vedanta Resources raises stake in India unit to 55.1%

Vedanta Resources raises stake in India unit to 55.1%

London-based Vedanta Resources Ltd (VRL) has raised its stake in its India listed unit, Vedanta to 55.11 per cent by buying from open mar...Read More

India's crude output slips 5% in Nov on drop in Vedanta fields

India's crude output slips 5% in Nov on drop in Vedanta fields

India is dependent on imports for 85 per cent of its needs and the government is pushing domestic explorers to raise output to help cut d...Read More

Vedanta aims to raise $8 billion for Bharat Petroleum bid: Report

Vedanta aims to raise $8 billion for Bharat Petroleum bid: Report

Vedanta Group now plans to raise as much as $8 billion through a mix of debt and equity to secure funds for the acquisition of BPCL.

Moody's downgrades Vedanta Resources' rating

Moody's downgrades Vedanta Resources' rating

Moody's Investors Service has downgraded the corporate family rating of Vedanta Resources Limited to B2 from B1 citing persistent weak li...Read More

SC denies interim relief to allow re-opening of Sterlite plant in Thoothukudi

SC denies interim relief to allow re-opening of Sterlite plant in Thoothukudi

The plant has been shut since May 2018 after a police firing killed 13 people during a protest against environmental pollution allegedly ...Read More

Vedanta bid for BPCL surprises analysts

Vedanta bid for BPCL surprises analysts

Analysts are surprised at the Vedanta bid for BPCL and are posing the question as to how will Vedanta finance the acquisition given its o...Read More

Vedanta Q2 profit slumps 62 pc to Rs 824 cr

Vedanta Q2 profit slumps 62 pc to Rs 824 cr

The company posted a net profit of Rs 2,158 crore in the year-ago period, Vedanta said in a filing to BSE.

Delisting failure may lead to Vedanta downgrade

Delisting failure may lead to Vedanta downgrade

Moody's placed the London-based firm's B1 corporate family rating (CFR) under review for downgrade. The same action was also initiated fo...Read More

Vedanta says committed to India after failed delisting

Vedanta says committed to India after failed delisting

Last week, Vedanta Ltd's delisting went from almost-a-success to failure due to a large number of unconfirmed orders.

Vedanta delisting fails; co seeks extension of buyback period

Vedanta delisting fails; co seeks extension of buyback period

In a regulatory filing, Vedanta said its buyback offer is deemed to have failed as per the terms of the delisting regulations after promo...Read More

73.76 crore shares of Vedanta tendered; another 60 crore needed to delist

73.76 crore shares of Vedanta tendered; another 60 crore needed to delist

With just one day remaining for the close of the reverse book building exercise, just over 73.76 crore shares of Vedanta Ltd have been te...Read More

Delisting: 17.15 cr shares of Vedanta tendered so far; nearly half in Rs 138-140 bracket

Delisting: 17.15 cr shares of Vedanta tendered so far; nearly half in Rs 138-140 bracket

Of the 17.15 crore shares tendered in the first three of the five-day reverse book building process, about 8.49 crore shares have been te...Read More

Vedanta Ltd's Q1 consolidated net profit down 23.5%

Vedanta Ltd's Q1 consolidated net profit down 23.5%

Its consolidated net profit during the April-June quarter was Rs 1,033 crore, against Rs 1,351 crore reported during the same period of t...Read More

Commercial mining: Vedanta, Adani, Hindalco, JSPL among 42 bidders for coal blocks

Commercial mining: Vedanta, Adani, Hindalco, JSPL among 42 bidders for coal blocks

Vedanta, JSPL, Adani Enterprises, Hindalco Industries, JSW Steel and Nalco are among the 42 companies that have submitted the bids for 23...Read More

Vedanta gets in-principle nod for delisting from BSE, NSE

Vedanta gets in-principle nod for delisting from BSE, NSE

Billionaire Anil Agarwal-controlled Vedanta on Tuesday said it has received in-principle approval from stock exchanges — BSE and National...Read More

SC upholds foreign tribunal award in favour of Vedanta for developing Ravva oil and gas fields

SC upholds foreign tribunal award in favour of Vedanta for developing Ravva oil and gas fields

In a set back to the Centre, the top court rejected its appeal against the February 19 order of the Delhi High Court saying that it has n...Read More

Ravva oil field case: SC upholds foreign arbitration award in favour of Vedanta, Videocon

Ravva oil field case: SC upholds foreign arbitration award in favour of Vedanta, Videocon

In a big setback for the Central government, the Supreme Court on Wednesday upheld the foreign arbitration award in favour of Vedanta and...Read More

Vedanta ties up with SBI for syndicated loan of Rs 10,000 crore

Vedanta ties up with SBI for syndicated loan of Rs 10,000 crore

Vedanta Ltd on Monday said it has tied up with State Bank of India for a long-term syndicated loan facility worth Rs 10,000 crore. A synd...Read More

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