Business Standard

Sunday, January 19, 2025 | 08:02 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 2 - Vedanta Ltd News

Vedanta's plan to trim debt hits roadblock as govt opposes Hind Zinc deal

The government has threatened to take legal action to stop Agarwal's Vedanta Group from selling the unit to its subsidiary Hindustan Zinc Ltd., which is around 30% state-owned

Vedanta's plan to trim debt hits roadblock as govt opposes Hind Zinc deal
Updated On : 20 Feb 2023 | 1:23 PM IST

Vedanta Resources' liquidity depends on $2 bn fundraising: S&P report

Sustaining after September 2023 would depend on completing one of two key transactions

Vedanta Resources' liquidity depends on $2 bn fundraising: S&P report
Updated On : 09 Feb 2023 | 6:55 PM IST

Vedanta shelves plan to sell its copper smelter in Tamil Nadu

Restarting the smelter will lead to a surge in India's copper output and cut imports

Vedanta shelves plan to sell its copper smelter in Tamil Nadu
Updated On : 31 Jan 2023 | 10:54 PM IST

Low output pulls Vedanta net profit down 41% to Rs 2,464 crore in Q3

Firm clocked revenue of Rs 33,691 crore, down 7% from the previous quarter

Low output pulls Vedanta net profit down 41% to Rs 2,464 crore in Q3
Updated On : 27 Jan 2023 | 8:14 PM IST

Vedanta's Q3 net profit falls 42%, announces dividend of Rs 12.5 a share

Vedanta Q3 result: On a quarterly basis, however, the profit is up 15 per cent

Vedanta's Q3 net profit falls 42%, announces dividend of Rs 12.5 a share
Updated On : 27 Jan 2023 | 4:23 PM IST

Stocks to Watch: Adani Ent, IndusInd Bank, Coal India, HUL, Asian Paints

Stocks to watch today: Metals and mining major Vedanta will acquire debt-laden power plant Meenakshi Energy for Rs 1,440 crore

Stocks to Watch: Adani Ent, IndusInd Bank, Coal India, HUL, Asian Paints
Updated On : 19 Jan 2023 | 7:31 AM IST

Vedanta to acquire debt-laden Meenakshi Energy for Rs 1,440 crore

Meenakshi Energy was admitted under insolvency resolution in 2019

Vedanta to acquire debt-laden Meenakshi Energy for Rs 1,440 crore
Updated On : 18 Jan 2023 | 9:29 PM IST

Jefferies turns 'positive' on Indian metals on easing Covid curbs in China

The change in stance comes after almost a year of cautionary view. The Nifty Metal index advanced over 2 per cent while shares of Tata Steel surged nearly 6 per cent

Jefferies turns 'positive' on Indian metals on easing Covid curbs in China
Updated On : 02 Jan 2023 | 1:32 PM IST

Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit

Investors to whom Agarwal pitched the plan raised concerns about the group's limited experience in the sector, say people aware of the development

Billionaire Anil Agarwal struggles to get backers for $19 billion chip unit
Updated On : 14 Dec 2022 | 4:01 PM IST

Metal index gains over 1% as China eases Covid-19 rules; Hindalco up 4%

The reopening of the Chinese economy could brighten the outlook for global growth and commodity demand

Metal index gains over 1% as China eases Covid-19 rules; Hindalco up 4%
Updated On : 05 Dec 2022 | 1:46 PM IST

Tata Steel, Hindalco: Golden Cross breakout can trigger bull-run in metals

The Nifty Metal index seems to be eyeing a new historic peak at 6,900-level; Thus, select stocks from this space could rally up to 15 per cent on their respective breakouts.

Tata Steel, Hindalco: Golden Cross breakout can trigger bull-run in metals
Updated On : 30 Nov 2022 | 12:16 PM IST

Vedanta to pay third interim dividend at Rs 17.5 per equity share

So far, the company's dividend payout in FY23 stands at Rs 25,465 crore, more than the FY22 number of Rs 16,740 crore

Vedanta to pay third interim dividend at Rs 17.5 per equity share
Updated On : 22 Nov 2022 | 10:13 PM IST

Vedanta Group notifies third interim dividend of Rs 17.50 per share

Vedanta Group approved the third interim dividend of Rs 17.50 per share or 1750 per cent for the financial year 2022-23, on Tuesday November 2022

Vedanta Group notifies third interim dividend of Rs 17.50 per share
Updated On : 22 Nov 2022 | 6:10 PM IST

Price volatility takes sheen off aluminium firms' capital expenditure

Hindalco's subsidiary Novelis as well as the aluminium division of Vedanta have trimmed guidance by 30-40 per cent for the year

Price volatility takes sheen off aluminium firms' capital expenditure
Updated On : 21 Nov 2022 | 6:10 AM IST

ESL Steel capacity expansion by next year: Vedanta's Sunil Duggal

Mining giant says priority is to finish doubling capacity of company it acquired in June 2018

ESL Steel capacity expansion by next year: Vedanta's Sunil Duggal
Updated On : 15 Nov 2022 | 6:37 PM IST

Vedanta hits 5-month high; rallies 16% in four days on heavy volumes

For the July-September quarter (Q2FY23), the metals and mining major reported a 60.8 per cent year-on-year (YoY) decline in consolidated net profit at Rs 1,808 crore on the back of higher expenses

Vedanta hits 5-month high; rallies 16% in four days on heavy volumes
Updated On : 04 Nov 2022 | 11:01 AM IST

F&O Call: Nandish Shah recommends this F&O trading strategy in Vedanta

The derivative analyst from HDFC Securities recommends buying Vedanta 310 Call and simultaneously selling 330 Call of the November series.

F&O Call: Nandish Shah recommends this F&O trading strategy in Vedanta
Updated On : 04 Nov 2022 | 8:12 AM IST

After unfavourable ratings Vedanta Resources terminates Moody's services

Vedanta Resources, the holding company of India's Vedanta Limited, on November 7 terminated the Moody's rating services after the latter downgraded the company's ratings amid debt concerns

After unfavourable ratings Vedanta Resources terminates Moody's services
Updated On : 04 Nov 2022 | 12:03 AM IST

Vedanta stock slips over dip in commodity prices despite in-line Q2 show

Soft prices of commodities including metals is weighing on investor sentiment

Vedanta stock slips over dip in commodity prices despite in-line Q2 show
Updated On : 31 Oct 2022 | 8:07 PM IST

Moody's lowers Vedanta Resources rating to 'B3' implying high credit risk

Persistently weak liquidity, high refinancing needs triggers rating action

Moody's lowers Vedanta Resources rating to 'B3' implying high credit risk
Updated On : 31 Oct 2022 | 10:02 PM IST