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2 mins read
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
2 mins read
S&P downgrades Vedanta Resources to 'selective default' after debt extension
S&P Global Ratings has downgraded debt-laden Vedanta Resources Ltd to 'selective default' after the…
PTI
1 min read
Vedanta gets nod to raise up to Rs 3,400 crore via NCDs
Mining conglomerate Vedanta Ltd on Tuesday said a committee of directors formed by the company's bo…
PTI
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
2 mins read
Vedanta Resources pays $400 million debt, borrowings down to $6.4 billion
Vedanta's gross debt as of today stands at USD 6.4 billion, down from USD 6.8 billion at the end of…
PTI
2 mins read
Vedanta has $3 billion debt servicing obligations this fiscal: S&P
Billionaire Anil Agarwal's Vedanta Resources Ltd has debt servicing obligations of about USD 3 bill…
PTI
2 mins read
Vedanta says talks of stake sale 'untrue and baseless'
Vedanta Ltd on Thursday termed any talks of sale in oil-to-metals conglomerate as "untrue and basel…
PTI
1 min read
Vedanta's Q3 profit drops 18% on higher finance, raw material cost
Mining conglomerate Vedanta Ltd on Thursday reported an 18.3 per cent drop in consolidated net prof…
PTI
1 min read
Vedanta Resources cuts gross debt by USD 1 billion
The firm's gross debt now stands at USD 6.8 billion, down from USD 7.8 billion at the end of March …
PTI
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
1 min read
Vedanta board approves Rs 7,621 crore interim dividend for FY23; CFO resigns
Vedanta Ltd on Tuesday said its board has approved an interim dividend of Rs 7,621 crore for the cu…
PTI
3 mins read
Vedanta cuts debt by $2 billion ahead of target to soothe investor concerns
After repayments and borrowings, it has about USD 7.7 billion outstanding, of which USD 3 billi…
PTI
1 min read
Hindustan Zinc board approves dividend of Rs 2,535.19 crore
The interim dividend will be paid within stipulated timelines, it said. The company had an…
PTI
3 mins read
Nick Walker is new CEO of Vedanta Cairn Oil and Gas
Vedanta's Cairn Oil & Gas on Thursday announced the appointment of Nick Walker as the new chief exe…
PTI
2 mins read
Vedanta Resources repays USD 250 million in loans
Mining mogul Anil Agarwal-led Vedanta Resources Ltd (VRL) has repaid USD 250 million in loans that …
PTI
5 mins read
Vedanta reports 61% y-o-y decline in Q2 net profit to ₹1,808 crore
Indian multinational mining company Vedanta reported a 61% YoY decline in consolidated net profit t…
4 mins read
Sensex, Nifty50 edge lower amid negative global cues: Realty, metal and auto stocks decline
Indian benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Friday amid negat…
1 min read
Vedanta announces third dividend of Rs 17.50 per share
Mining giant Vedanta on Monday announced the third interim dividend of Rs 17.50 per equity share fo…
PTI
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…
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 …