Vedanta

Vedanta Q4 profit at Rs 6,432 cr

Vedanta Q4 profit at Rs 6,432 cr

It had posted a loss (attributable to owners of Vedanta) of Rs 12,521 crore in the year-ago period.

From Amazon to Tata, Reliance to Vedanta, industry steps up to combat coronavirus

From Amazon to Tata, Reliance to Vedanta, industry steps up to combat coronavirus

Amazon and Google as well as Indian firms Tata Sons, Reliance Industries Ltd and Adani Group have set up Covid hospitals, airlifted cryog...Read More

Vedanta to set up two 100-bed hospitals in Karnataka for COVID patients

Vedanta to set up two 100-bed hospitals in Karnataka for COVID patients

Vedanta on Thursday said it would set up two 100-bed hospitals for treating COVID patients at Karnataka's Chitradurga and Hubballi.The Mu...Read More

Steel, oil cos cut industrial oxygen to produce liquid medical oxygen for COVID relief

Steel, oil cos cut industrial oxygen to produce liquid medical oxygen for COVID relief

As the country is fighting hard the second COVID surge, steel and oil companies have emerged as the oxygen lifeline for the country.Compa...Read More

Vedanta elevates Sauvick Mazumdar as CEO of iron, steel business

Vedanta elevates Sauvick Mazumdar as CEO of iron, steel business

Vedanta Ltd on Monday announced the elevation of Sauvick Mazumdar as the CEO of the company's iron and steel business. The company, in a ...Read More

Vedanta seeks permission from SC to reopen its controversial Tuticorin plant, with a promise to provide free oxygen

Vedanta seeks permission from SC to reopen its controversial Tuticorin plant, with a promise to provide free oxygen

In a new twist to the Sterlite copper unit at Tuticorin in Tamil Nadu, Vedanta has appealed to the Supreme Court to allow this unit to re...Read More


Vedanta Resources says contributed over Rs 34K cr to Indian exchequer in FY20

Vedanta Resources says contributed over Rs 34K cr to Indian exchequer in FY20

Diversified natural resources firm Vedanta Resources has said it contributed USD 4.66 billion (Rs 34,018 crore) to the public exchequer i...Read More

Govt to slap recovery notice on Vedanta's Cairn after Delhi High Court judgment

Govt to slap recovery notice on Vedanta's Cairn after Delhi High Court judgment

In the interim, the firm's Barmer basin block licence, whose initial 25-year term ended on May 15, 2020, has been given an eighth interim...Read More

Vedanta plans to set up copper smelter plant in India

Vedanta plans to set up copper smelter plant in India

Billionaire Anil Agarwal-led Vedanta Ltd plans to set up a coastal copper smelter plant in India for Rs 10,000 crore.The move comes nearl...Read More

High Court asks Government to extend oil contract with Vedanta and ONGC till 2030

High Court asks Government to extend oil contract with Vedanta and ONGC till 2030

The Delhi High Court on Friday set aside a single judge order directing the Centre to extend till 2030 its production sharing contract (P...Read More

Vedanta ups open offer price to Rs 235 per share

Vedanta ups open offer price to Rs 235 per share

Vedanta Resources has launched an open offer for the shareholders of Vedanta Limited at a price of Rs 235 per share, 4 per cent higher th...Read More

Vedanta Resources raises USD 1.2 billion ahead of open offer for Indian listed unit

Vedanta Resources raises USD 1.2 billion ahead of open offer for Indian listed unit

Vedanta Resources on Friday said it has raised USD 1.2 billion in a bond offering that saw strong investor interest.The 8.95 per cent bon...Read More

Vedanta CFO G R Arun Kumar resigns

Vedanta CFO G R Arun Kumar resigns

The company will announce the effective date of relieving of Kumar and details of the successor in due course, Vedanta Ltd said in a fili...Read More

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

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