Vedanta Limited had moved the court challenging the state government's closure order against its Sterlite Copper Plant on May 28, 2018
The Madras HC refused to stay the Tamil Nadu government order shutting down the Sterlite Copper plant in Thoothukudi
The proceeds of the offering will be used to partially fund the privatisation
He had been given interim charge as interim CEO in March; has been with Vedanta the past 10 years
Though the notes will carry security in the form of a pledge on shares, Moody's does not view their position to be superior to the secured and unsecured debt at various operating companies
Giving an update on its zinc production in the country, the company said the "mined metal production for Q1FY21 was 202,000 tonnes
HDFC Life Insurance will replace Vedanta in the Nifty50 index with effect from Friday, July 31, 2020
Unlike heavy engineering, auto and auto components, the labour requirement in fast-moving consumer goods (FMCG) companies is nevertheless less
Jitendra Kumar Dadoo, who retired as Secretary to Government of India in December, 2017 and Prakash Kumar Singh, former chairman and managing director of SAIL were appointed by Vedanta
During the June quarter, all the Nifty 50 components, but four posted gains. Market players said most stocks making positive contribution is a healthy sign for the market
Leading business houses report pre-tax loss of Rs 19,342 crore in Q4
ICICI Securities expects that in the semi-annual change in the Nifty50 constituents, SBI Life Insurance will enter the index, replacing Zee Entertainment (ZEEL).
All that happened in the markets today
On the results front, a total of 18 companies including Indiabulls Housing Finance are scheduled to announce their results today
Tata Power board approves setting up of renewables InvIT
The stock will be replaced by HDFC Life Insurance Company with effect from July 31. It will be replaced by SBI Cards in the Nifty 100 and Nifty 500 indices
The fact is that India's mood on trade, particularly imports, has soured over the last five or six years
Nearly 85 per cent of institutional public shareholders and 75 per cent of non-institutional shareholders voted in favour of the proposal.
Barring a few, all privately-owned thermal power units, roughly about 40,000 Mw, constructed over the past decade were built using Chinese equipment.
Agarwal said that the closure of the plant two years back has led to a surge in copper imports, defeating the purpose of Aatmanirbhar Bharat campaign