Page 33 - Vedanta

Vedanta stock trips on pricing, supply worries, loses most gains since July

Correction in aluminium prices, concerns on increase in future zinc supplies affected investor sentiments, but analysts still positive

Barmer oil block row: Vedanta ready to raise govt's share of profit by 10%

The current production sharing contract for the Barmer block will be expiring in May 2020

Vedanta's Anil Agarwal calls for policies to reduce dependence on imports

Agarwal vowed investments of $8 billion in India by Vedanta group, including about $3-4 billion in oil and gas sector only in the next two years

Vedanta rises 4% on natural gas discovery in Krishna Godavari block

At 12:21 pm, the stock was trading 3.3 per cent higher at Rs 231.10 on the BSE. It has hit a low of Rs 226.25 so far in intra-day. In comparison, the S&P BSE Sensex was up 0.6 per cent at 37,936 level

Vedanta requests for more time, delays signing OALP contract

Anil Agarwal-led Vedanta has asked for more time since it required clearance from its board for investment and contract signing

Bullish alumina prices to hike Vedanta's metal cost by 10%

In the April-June quarter, Vedanta's cost of alumina production was $1934 per tonne, 12 per cent higher than the corresponding quarter of last fiscal

Vedanta can become one of world's largest resource cos: CEO Venkatakrishnan

On the shutdown of copper smelting plant at Tuticorin in Tamil Nadu, Venkatakrishnan said he believes that issue can be resolved through proper consultation

Vedanta may have to hinge on debt to finance Rs 560-bn capital expenditure

High dividend payouts, servicing of existing debt and relatively low cash profits may compel the metal-and-mining major to raise debt

Vedanta bags 41 oil, gas blocks in open acreage auction; stock up over 3%

At 12:24 pm, the stock was at Rs 232.85, up 1.11%. In comparison, the Nifty 50 index was at 11,727, down 0.1%.

Vedanta receives Rs 9.74-billion penalty for illegal mining royalty

The notice directs Vedanta to pay the principal royalty amount of Rs 5.48 bn within 14 days and the interest of Rs 4.30 bn in the next 7 days

Vedanta to invest $8 billion in 3 years, eyes 50% growth: Navin Agarwal

This year metals and mining giant Vedanta had a record production in its zinc-lead-silver and aluminium businesses

At AGM, Vedanta chairman says firm to invest up to $8 bn in next 3 years

Vedanta contributes 27% to the domestic oil production and aspires to take it up to 50%, says Chairman Navin Agarwal

Vedanta to invest $2.3 bn to up oil and gas reserve base by 375 mn barrels

Vedanta had recently bid for all 55 blocks on offer in the first round of oil and gas auctions under the Open Acreage Licensing Policy (OALP) auction

Vedanta may bag 40 oil and gas blocks in India's first open acreage auction

An Empowered Committee of Secretaries (ECS) has cleared award of blocks offered in OALP-1, bidding for which closed on May 2

Vedanta postpones quarterly results to next Monday as it prepares to delist

Agarwal's family trust offered about $1 billion in cash to take the London-listed company private earlier this week

Vedanta results: Volatility in base metal prices can weigh on profitability

Vedanta's consolidated revenues grew 15 per cent year-on-year to Rs 222 billion

Sterlite Copper unit shutdown led to Rs 200 bn loss to economy: CEO

The closure of Vedanta's Sterlite Copper unit in Tamil Nadu has led to rise in import of copper worth $ 2 billion and export loss of over $1.5 billion

Vedanta's Anil Agarwal offers $1 bn to take the London-listed miner private

The offer comes as the company faces scrutiny after police killed 13 people protesting Vedanta's copper smelter in India in May

Lessons from the Vedanta catastrophe

The case of Vedanta delisting from the London Stock Exchange heralds a new era of concern for big mining companies

Vedanta Resources delisting: Anil Agarwal retains control via Volcan

Independent directors on the board of Vedanta Resources have been given attractive terms for an exit