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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   


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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…

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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…

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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 …

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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…

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5 mins read

Sensex, Nifty50 choppy on negative global cues – BPCL, HUL among gainers; steel cos down

Sensex and Nifty50 were having a volatile session swinging between losses and gains amid negative c…

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Vedanta slips 9% after it clarifies semiconductor venture to be undertaken by Volcan Investments

Shares of Anil Agarwal-led company slipped as much as 9% today after surging 14% in the last two da…

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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…

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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…

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4 mins read

Global uncertainty rising, need to maintain 'margins of safety': Chief Economic Advisor

Chief Economic Advisor V Anantha Nageswaran on Thursday said global uncertainty has been rising aft…

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Top stocks to watch— Infosys, Central Bank of India, DHFL, Anuh Pharma, Shalby, Balaji Telefilms and others

Amid the positive cues from the global market, the Indian stock market is likely to open higher. At…

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1 min read

Coronavirus pandemic: Sterlite Copper contributes Rs 5 cr towards Tamil Nadu CM's Public Relief Fund

Sterlite Copper has already teamed up with 10 self-help group (SHG) partners, comprising 150 membe…

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Tiger Global-backed Moglix acquires Vendaxo, a startup that sells used machinery to companies

Business-to-business (B2B) e-commerce platform Moglix has acquired Vendaxo, an e-commerce platform …

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4 mins read

Cairn expects arbitration award in retro tax case by this summer

"Interest is currently being charged on the principal at a rate of 12 per cent per annum from Febr…

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ISRO is working on green fuel to its reduce carbon footprint and cut down on costs

The Indian space rockets are set to go green as ISRO is working to replace its existing hazardous f…

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Coronavirus pandemic, US-China trade negotiations to keep base metal prices low in near term

Despite the recent regulations to privatise the coal sector, Coal India's monopoly is likely to co…

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Tepid debut for UTI AMC—shares list at 12% discount over the issue price

It was a tepid debut for the ₹2,160 crore IPO of the mutual fund manager, UTI Asset Management Comp…

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1 min read

Tech and bank stocks drive Sensex to dizzy intra-day high of 40,435, Nifty close to 12,000 mark

Top gainers in the Sensex pack included Vedanta, Tata Steel, ICICI Bank, Tata Motors, SBI, HCL…

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Benchmarks scale fresh peaks; Yes Bank surges 7 pc

Mumbai, Dec 19 () Equity benchmarks advanced to fresh lifetime highs for the third session on the t…

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Markets inch up to record highs; post weekly gains

Mumbai, Dec 20 () Equity benchmarks rose marginally to close at record highs for the fourth straigh…

PTI