Page 8 - Vedanta
Top headlines: SoftBank warns of funding cuts, Vedanta eyes $100 bn revenue
Business Standard brings you the top headlines at this hour
 "Top headlines: SoftBank warns of funding cuts, Vedanta eyes $100 bn revenue")
Vedanta eyes $100-bn revenue by 2030, capex of about $3-bn in next two yrs
Agarwal pointed to the acquisition of Goa-based Nicomet (in December 2021), which has made Vedanta the only producer of nickel in India
 "Vedanta eyes $100-bn revenue by 2030, capex of about $3-bn in next two yrs")
Natural resource sector has key role in India's growth: Vedanta chairman
The natural resource sector can play a key role in India's economic growth and a small policy change can "unleash the true potential" of this sector, Vedanta Resources chairman Anil Agarwal said.
 "Natural resource sector has key role in India's growth: Vedanta chairman")
Windfall tax: Frequent changes create uncertainty for Indian oil producers
Experts say move is justified but government should clarify how proceeds will be utilised
 "Windfall tax: Frequent changes create uncertainty for Indian oil producers")
Detect Technologies announces agreement with Vedanta to deploy T-Pulse
Detect Technologies announces a global agreement with Vedanta for deployment of T-Pulse, their internationally deployed AI-based workplace safety software.
 "Detect Technologies announces agreement with Vedanta to deploy T-Pulse")
Stocks to watch: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet
Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.
 "Stocks to watch: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet")
Vedanta sees QoQ fall in profit and revenue; stock ends in the green
Vedanta's consolidated net debt stood at Rs 26,799 crore in the June quarter, against Rs 24,414 crore for the quarter ended March 2022
 "Vedanta sees QoQ fall in profit and revenue; stock ends in the green")
Received 'quite a number of bids' for Sterlite Copper unit: Vedanta CEO
Diversified natural resources company Vedanta on Thursday said it has received "quite a number of bids" for its Sterlite Copper unit in Tamil Nadu, and is in the process of evaluating them
 "Received 'quite a number of bids' for Sterlite Copper unit: Vedanta CEO")
Vedanta Q1 net profit rises 6% to Rs 5,592 cr; revenue jumps 36%
The company's depreciation and amortisation increased by 16% year-on-year to Rs 2,464 crore on account of higher depletion charge in oil and gas and higher ore production at Zinc India
'Closure of Vedanta's copper unit results in Rs 14,749 cr loss to economy'
The report comes a month after Vedanta putting on sale its copper unit, shut 4 yrs ago after 13 people were killed in a police firing on protestors agitating against alleged pollution by the unit
 "'Closure of Vedanta's copper unit results in Rs 14,749 cr loss to economy'")
Sterlite Power to launch renewable energy biz, cater to industrial clients
To provide integrated green energy solutions to carbon-intensive industries
 "Sterlite Power to launch renewable energy biz, cater to industrial clients")
Hindustan Zinc beats estimates, Q1 net profit up 56% at Rs 3,092 crore
Revenue from operations increased to Rs 9,236 crore in Q1 versus Rs 6,378 crore last year
 "Hindustan Zinc beats estimates, Q1 net profit up 56% at Rs 3,092 crore")
Vedanta to pay out Rs 7,250 cr on second interim dividend at Rs 19.5/share
So far, the company's dividend payout in FY23 stands at Rs 18,960 crore, ahead of FY22 total dividend of Rs 16,740 crore
 "Vedanta to pay out Rs 7,250 cr on second interim dividend at Rs 19.5/share")
Stocks to Watch: RIL, HUL, ONGC, NTPC, Ambuja, HDFC Life, Grasim, Vedanta
Stocks to Watch Today: CEAT, Havells, IndusInd Bank, Mastek, OFSS, RIIL, Syngene International, Tata Communications and Wirpo to announce Q1 results on Wednesday.
 "Stocks to Watch: RIL, HUL, ONGC, NTPC, Ambuja, HDFC Life, Grasim, Vedanta")
Top headlines: Vedanta declares dividend of Rs 19.5; HUL Q1 net rises 11%
Business Standard brings you the top headlines this hour
Vedanta declares dividend of Rs 19.5 per share in boost to London parent
The hefty dividend comes even as the firm plans to ramp up capital investment to as much $2 billion in the year ending March 2023
 "Vedanta declares dividend of Rs 19.5 per share in boost to London parent")
India's E&P policy should be liberalised for metals, minerals: Anil Agarwal
The country continues to pay hefty import bills year after year even as the nation is gifted with significant reserves of metals and minerals, the metals and mining magnate noted.
Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS
Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.
 "Stocks to Watch Today: HDFC Bank, ICICI Pru, Jindal Steel, Spandana, LTTS")
Vedanta seeks shareholder nod for related-party deals worth Rs 8,661 cr
Three resolutions have been listed on the agenda of the company's annual general meeting (AGM), to be held on August 10, involving subsidiaries
Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts
Vedanta, for instance, is majority-owned by Vedanta Resources, led by billionaire Anil Agarwal
 "Top 20 dividend-paying firms raise shareholder rewards in FY22: Experts")
