Page 22 - Vedanta

Investors look for long-term plan from Vedanta after $1 billion bond sale

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.

Vedanta Resources offers dollar bond with one of the highest yields in Asia

The firm is offering the securities with initial price guidance in the 14.5% area, according to a person familiar with the matter

SC denies Vedanta interim plea to reopen TN copper unit shut over pollution

The interim plea by Vedanta was opposed by Tamil Nadu government which claimed before a bench that the plant had been polluting consistently.

3 bids for India's second-biggest fuel retailer BPCL: Oil minister Pradhan

BPCL is India's sixth-largest company by turnover.

Surprise amid pandemic: Firms across sectors beat Q2 earnings expectations

Most brokerages have revised upwards their earnings estimates, not only for FY21, but also for FY22

Vedanta Resources under pressure, sounds out bondholders on debt extension

This comes after the company failed to delist its India unit

Tata Steel, JSW Steel: Metal stocks poised for further upside, charts show

Nifty Metal has successfully conquered the 2,500 mark and is set to move towards 200-WMA, which stands at 2,969 levels.

Top headlines: Vedanta's EoI for govt stake in BPCL, Tesla enters S&P 500

Business Standard brings you the the top headlines of the day

Vedanta Zinc suspends mining at South Africa's Gamsberg mine after accident

Eight of the workers were rescued after the accident on Tuesday

Vedanta puts in expression of interest to buy entire govt stake in BPCL

The government is selling its entire 52.98 per cent stake in BPCL and last date of putting EoI was November 16

EdelGive Hurun ranks Vedanta's Anil Agarwal among top India philanthropists

Agarwal's contribution this year has risen by 90 per cent from previous

Caution prevails over loan to parent despite Vedanta's strong Q2 show

The concerns are outweighing the improved earnings outlook led by rebound in base metals prices

Vedanta's Cairn Oil & Gas gets 3-month extension for Rajasthan oil block

Vedanta's oil and gas arm Cairn has got a further three-month extension of license for its prolific Rajasthan oil block pending settlement of a dispute over $520 million cost recovery

Vedanta's consolidated Q2 PAT down 40% at Rs 1,644 cr on higher tax outgo

Company's bottom line takes a hit even as expenses decline 16% YoY; net sales down 4.3%

Vedanta Q2 net profit falls 62% to Rs 824 cr over one-time tax expense

In a statement, the company said the tax expense for the quarter was at Rs 2,370 crore.

Adani to own 1st coal mine in India, bids inch up on Day 2 of auctions

Places highest closing bid for Dhirauli mine in MP, edging out the only other bidder Hindalco Industries; The only other mine it owns is Carmichael in Australia

Steel firms plan return to office, set up 'flexible' policies for employees

Tata Steel will allow employees to choose between working from home or office; JSW Steel is weighing a distributed workplace strategy

GAIL, ONGC look to firm up strategies for low oil and gas price regime

India aims to more than double its gas consumption by 2030

Vedanta's $1.17 billion debt maturities prompt credit rating warnings

Moody's Investors Service last week put London-based Vedanta Resources under review for a possible downgrade, citing increased refinancing risk and large funding needs

Days after failed delisting, Vedanta board okays interim dividend for FY21

The board of Vedanta Ltd on Saturday approved the first interim dividend of Rs 9.50 per equity share for the current fiscal amounting to Rs 3,500 crore