The IPO will mainly consist of new shares, and more bankers may be added as plans progress
Vedanta chairman Anil Agarwal on Monday said the Mamata Banerjee government had contacted him within a fortnight of her party's return to power for investments in West Bengal
Mining baron Anil Agarwal has stated that 2020 was a "very unusual year" for all and as a large natural resources company, Vedanta got its fair share of challenges.
A major chunk of this capex would go into oil and gas business
Anil Agarwal Foundation (AAF) will be the umbrella entity of Vedanta's social initiatives provide all-round development to work towards these goals over the next five years
Billionaire Anil Agarwal's metals-to-oil group said it will make an upfront payment of almost USD 40 million for the acquisition of Videocon Industries Ltd it will become largest shareholder.
If it succeeds, India will get its first such facility
Business Standard brings you a snapshot of news pieces which made it to the headlines today
London-based Vedanta Resources Ltd. will now seek to buy 17.51% of Mumbai-listed Vedanta Ltd. at 235 rupees ($3.24) a share, it said in an exchange filing
Business Standard brings you top news of the day
Vedanta Resources has $3.3 billion due between April 2021 and September 2022, only 65% of which will be covered by the dividends from its units
Cairn Oil & Gas, Vedanta's oil and gas arm, produces about 3.5 million standard cubic meters per day of gas from its largely oil-bearing block in Rajasthan, the firm said in a notice
It's not clear whether the partnership will be through Vedanta Group firms
Agarwal made a fortune buying state companies and fixing them up, building a metals and mining powerhouse under the umbrella of Vedanta Resources Ltd
Company's failure to simplify its corporate layout by delisting its Indian unit Vedanta Ltd. in Oct. had triggered concerns on its ability to refinance its debt maturities.
The failure of Vedanta's delisting plan is unlikely to discourage him to make his empire asset-light
Market experts say the stock had seen good gains in the past two months and touched Rs 140 levels in expectation of the delisting going through at Rs 170-plus per share
The failed delisting of the mining-to-electricity conglomerate is not the first time attempts to restructure Anil Aggarwal's opaque empire have been controversial
Debt restructuring, proposal to approach Sebi for extension could be points of meeting agenda
Entry into capital market easier than exit due to regulatory process, say corporate compliance firms