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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
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
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
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
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
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 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
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
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
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
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 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 …
2 mins read
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
2 mins read
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
1 min read
Ind-Ra revises downward Vedanta's outlook to negative
"The outlook revision reflects Ind-Ra's expectation that VL's credit metrics will remain weaker th…
PTI
3 mins read
Vedanta delisting opportunistic, price way below intrinsic value of stock: Report
Sebi's delisting of equity shares regulations of 2009 provide sufficient protection to minority sh…
PTI
1 min read
Cairn India looks forward to invest Rs 30,000 crore to add 1 lakh bpd of oil
Agarwal added that the merger of Cairn India with Vedanta Ltd will be completed by March-end. "We a…