Vedanta had earlier said the decision to delist American depositary shares from the New York Stock Exchange (NYSE) is aimed at simplification and triggered by the low trading volumes in the security
Cairn Energy will become Capricorn Energy from that date, but will retain CNE sticker on London Stock Exchange
The broader markets also logged strong gains, with the Midcap index up 1.8 per cent and the Smallcap index adding up 1.1 per cent
Plenty of stocks are set to react to September quarter earnings by corporate over the weekend this morning
Capital market regulator SEBI has warned billionaire Anil Agarwal's Vedanta Ltd for executing Rs 1,407 crore of related-party transactions without prior approval of the audit committee
Vedanta Ltd on Friday reported a multifold jump in consolidated net profit to Rs 4,615 crore for the quarter ended September 30, 2021. The company had posted a consolidated net profit of Rs 838 crore in the year-ago period, Vedanta Ltd said in a filing to the BSE. Its consolidated income during July-September 2021 increased to Rs 31,074 crore, compared with Rs 21,758 crore in the year-ago period. Vedanta Ltd, a subsidiary of Vedanta Resources Ltd, is one of the world's leading oil & gas and metals companies. It has significant operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, and aluminium and power across India, South Africa, Namibia, and Australia.
Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported a 3.9 per cent rise in its net profit at Rs 2,017 crore for the quarter ended September 30, on the back of higher revenue from operations
Higher cost of coal due to the ongoing shortage of the dry fuel in India will impact the profitability of Vedanta in the third quarter which is likely to be temporary, according to a report
The government has been hoping that opening up of more acreage for exploration will help boost India's oil and gas production
Agarwal says due diligence is being done and that the company is waiting for date of Hind Copper's privatisation to be announced
The prolonged closure of its controversial Thoothukudi plant has had an unintended impact on the country's exports of the industrial metal
Stock market Live: The Nifty Realty rose nearly 3 per cent, while Nifty IT was up 1.6 per cent
Mining giant Vedanta on Thursday said it will delist its American depositary shares and concentrate all trading of its equity shares on the BSE and NSE
Mining giant Vedanta on Thursday said it will delist its American depositary shares and concentrate all trading of its equity shares on the BSE and NSE.
The overall trend for metal stocks seems to be precarious, and a further downside cannot be ruled out
The stock of Hindalco is attempting to close decisively above the resistance of Rs 475 with strong volume
Expects to further reduce its debt by $500 million in the second half of FY'22
However, healthy buying in the broader market kept overall market breadth in the favour of the buyers
Billionaire Anil Agarwal's Vedanta Ltd is seeking a premium of at least $1 over the government-mandated price for the natural gas it plans to produce from its Assam block.
Vedanta is also likely to withdraw arbitration