Page 28 - Vedanta

Vedanta implements resolution plan for acquisition of Ferro Alloys

The acquisition will complement Vedanta's existing steel business, as the integration of ferro manufacturing capabilities has the potential to generate significant efficiencies

Vedanta to raise up to Rs 2,500 crore through non-convertible debentures

The company has presence across India, South Africa, Namibia, Australia and Ireland

Odisha gets 255 bids for auction of 20 merchant blocks; 87 firms in fray

All top steel makers, secondary steel players, sponge iron producers, pellet manufacturers and merchant miners from Goa and Odisha are vying for the blocks on offer

Vedanta to raise up to Rs 2,000 cr through non-convertible debentures

The company will hold a meeting of its committee of directors on Wednesday on this issue

Nifty outlook and top trading ideas by Jay Anand Thakkar of Anand Rathi

The daily, as well as weekly momentum indicators in Nifty, have provided a buy crossover

Vedanta will consider making an offer for BPCL, says Anil Agarwal

The Cabinet recently approved strategic divestment of the government's 53.29 per cent stake in BPCL

Vedanta banks on Jamkhani block in Odisha to enhance its coal security

Vedanta was recently declared the successful bidder for Odisha's Jamkhani coal block located in Sundargarh district

Madras High Court begins hearing on Vedanta plea against Tuticorin plant

Recording the submissions, a special bench of Justice TS Sivagnanam and Justice Bhavani Subbaroyan adjourned the pleas to Tuesday for further hearing.

Vedanta set to invest Rs 60,000 cr in India over 3 yrs, promises more FDI

The company is also eyeing a top line of USD 30-40 billion and a bottom line of USD 10 million in 4-5 years, Agarwal said at the India Economic Conclave 2019

Metal shares gain as Trump signs phase one trade deal with China

Hindustan Copper Limited climbed 4.8 per cent, followed by Vedanta Limited (4.37 per cent), Tata Steel (3.8 per cent), SAIL (3.6 per cent), and Jindal Steel (3.4 per cent)

Fitch revises outlook on Vedanta-led Cairn India from stable to negative

Oil and gas business is the second-largest contributor to Vedanta's EBITDA, after the Indian zinc operations

Govt okays allocation of five coal blocks to generate Rs 17,136-cr revenue

The ministry had initiated the auction process for 27 coal mines for non-regulated sectors previously

Vedanta's commercial power sales decline 7% in September quarter

Vedanta's total power sales shrank to 3253 million units (MU) compared with 3514 MU in the corresponding period last year

All you need to know about Sensex reshuffle and how it affects investors

Listen to the podcast to know about the latest changes in the Sensex pack, why are some stocks dropped from it and others added and how does the reshuffle affect investors

Troika of issues to have a bearing on Vedanta's near-term earnings

Soft base metal prices, cost pressures and lower volumes in some segments present key challenges

Metal stocks gain; Tata Steel, Hindalco up 4%, Jindal Steel climbs 5%

Investor sentiment perked up after US national security adviser Robert O'Brien on Saturday said an initial trade agreement with China was still possible by the end of the year

Tata Motors, Yes Bank and Vedanta to move out of BSE Sensex from Dec 23

Tata Motors, Tata Motors with differential voting right (DVR), Yes Bank and Vedanta will be dropped from the BSE's benchmark Sensex from December 23. In their places, UltraTech Cement, Titan Co Ltd and Nestle India will be added in the index, Asia Index, a joint venture between S&P Dow Jones Indices and the BSE, said in a statement on Friday. Besides, UPL Ltd and Dabur India will find a place in the S&P BSE Sensex 50, replacing Indiabulls Housing Finance and Yes Bank. Among other changes, Indiabulls Housing Finance, Yes Bank, InterGlobe Aviation, SBI Life Insurance Company and Info Edge (India) will make entry in the S&P BSE Sensex Next 50, while Cadila Healthcare, Dabur India, Glenmark Pharmaceuticals, UPL Ltd and Edelweiss Financial Services will be dropped from the index. The changes will be effective from Monday, December 23, 2019, Asia Index said. Apart from these, changes have been made in several indices including S&P BSE 500, S&P BSE 200 and S&P BSE

Haldiram's, Vedanta among those in fray to acquire Videocon group companies

Currently, 13 companies of the consolidated group are under insolvency proceedings, including Videocon Industries, Videocon Telecommunications, and Electroworld Digital Solutions

Vedanta cuts aluminium making cost by 10% to $1,852 a tonne in Q2

Firm aims to achieve Rs 1,500 a tonne; LME prices of metal stood at $1,756 a tonne as on November 14. At this price point, 10% of the global smelters are incurring cash losses

Chart check: Here's how metal stocks have fared at the bourses

Tata Steel has witnessed "Death Cross" pattern on the weekly chart but RSI and MACD are trading with a positive crossover.