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2 mins read

Vedanta says delisting could bring $3 billion FDI into India

As the delisting bid of minerals major Vedanta Ltd failed last week, the company has said that if s…

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1 min read

Semiconductor business not to 'short circuit' Vedanta Resources credit profile: S&P Global Ratings

Any potential credit impact of the planned investments in the semiconductor business will de…

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3 mins read

Vedanta plans to invest $20 bn in India in 4 years; will sell steel biz only at right price: Agarwal

"At the moment, we have a plan to invest USD 20 billion across sectors in four years time," Aga…

PTI   


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Moody's downgrades Vedanta Resources' corporate family rating

The company has USD 1.9 billion of debt maturing at the holding company, which comprises the USD 67…

PTI   


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1 min read

Vedanta appoints Omar Davis as its President-Strategy

Anil Agarwal-led Vedanta on Thursday announced the appointment of Omar Davis as its President-Strat…

PTI   


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Anil Agarwal for the 1st time takes board position on Vedanta Ltd

Ethnically a marwari from Patna, Agarwal came down to Mumbai as a scrap dealer in 1976 and went on …

PTI   


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Moody's places Vedanta rating under review for downgrade

It will also look at the impact of potential countermeasures such as capex deferment and reduced d…

PTI   


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5 mins read

Anil Agarwal – how a Bihar boy who knew only ‘yes’ and ‘no’ went onto list the first Indian company on London Stock Exchange

Metal and mining magnate Anil Agarwal has announced investments of ₹1.8 lakh crore in the past one …

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After buying out the bankrupt Electrosteel, Vedanta is spending billions on a new steel plant in the Indian state of Jharkhand

The move is part of Vedanta’s integration of its newly-acquired steel company. Electrosteel …

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Semiconductor manufacturing in India gets a boost with ISMC’s proposed $3 billion plant in Karnataka

India set out a $10 billion push to bring semiconductor chipset manufacturing in the country back i…

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Vedanta Q1 profit surges 37% to ₹3,606 crore on improved margins

Income rose to Rs 36,698 crore over Rs 34,279 crore in the year-ago period, according to an exc…

PTI   


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From a failed $20 billion joint venture to stalled projects, India's dreams of becoming a chipmaking powerhouse are off to a bad start

Taiwan's Foxconn on Monday said it's withdrawing from a $20 billion joint venture to make semicondu…

Huileng Tan   


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3 mins read

Anil Agarwal makes 'zero debt' pledge, says 'very comfortable' servicing debt

Mining mogul Anil Agarwal has said his Vedanta group has ample cash flow to service all its debt re…

PTI