Hindustan Zinc

Hindustan Zinc News

Taking Vedanta private will give Anil Agarwal-controlled parent firm access of company cash; deal credit positive: Moody's
Business

Taking Vedanta private will give Anil Agarwal-controlled parent firm access of company cash; deal credit positive: Moody's

On 18 May, Agarwal-chaired board of directors of Vedanta Ltd approved its parent, VRL's open offer.

Vedanta shares zoom 10% after Anil Agarwal announces delisting plan as virus crisis deepens
Business

Vedanta shares zoom 10% after Anil Agarwal announces delisting plan as virus crisis deepens

Vedanta Resources had a market value of under Rs 33,200 crore going by Tuesday''s closing price of Rs 89.30 on the BSE

Vedanta Resources to take Indian unit private as virus crisis deepens; to delist unit from all stock exchanges
Business

Vedanta Resources to take Indian unit private as virus crisis deepens; to delist unit from all stock exchanges

Vedanta's delisting is also expected to support an accelerated debt reduction program in the medium-term.

National Stock Exchange to exclude 11 stocks from derivatives segment, BSE 9 from 27 September
Business

National Stock Exchange to exclude 11 stocks from derivatives segment, BSE 9 from 27 September

The exclusion of nine stocks by both exchanges comes on the backdrop of the 11 Sebi's April 2018 circular

Union Budget 2019: Disinvestment is government’s preferred way to liquidate loss-making, inefficient PSUs
Business

Union Budget 2019: Disinvestment is government’s preferred way to liquidate loss-making, inefficient PSUs

The concept of disinvestment follows the dictum: The government has no business to be in business

'No immediate plans to retire, Vedanta needs my agression, risk-taking ability', says Anil Agarwal
Business

'No immediate plans to retire, Vedanta needs my agression, risk-taking ability', says Anil Agarwal

Agarwal has delisted his flagship Vedanta Resources from the London Stock Exchange (LSE) and is now concentrating on growing mineral mining and oil and gas businesses out of the India-listed firm, Vedanta Ltd.

Vedanta will suffer loss of $100 million if Tuticorin copper smelter remains shut for a year, says Anil Agarwal
Business

Vedanta will suffer loss of $100 million if Tuticorin copper smelter remains shut for a year, says Anil Agarwal

Vedanta has sought a permanent injunction against the state government from interfering with the operations of its copper smelter

Jain couple leave three-year old daughter, give up property worth Rs 100 crore to become monks
India

Jain couple leave three-year old daughter, give up property worth Rs 100 crore to become monks

The couple will be initiated in Jain monasticism at a ceremony to be held in Surat on 23 September by Sudhamargi Jain Acharya Ramlal Maharaj

Global Natural Resources Conclave Day 1: Make in India won't succeed if we don't have makers in India, says Rajiv Pratap Rudy
Business

Global Natural Resources Conclave Day 1: Make in India won't succeed if we don't have makers in India, says Rajiv Pratap Rudy

By leveraging economic resources with human capital for a high rate of growth, India's mission to skill 400 million by 2022 is taking shape

Hindustan Zinc makes highest dividend payout of Rs 27,157 crore for fiscal 2016-2017
Business

Hindustan Zinc makes highest dividend payout of Rs 27,157 crore for fiscal 2016-2017

Of Rs 27,157 crore, Rs 11,259 crore will go to the government, the company said.

Divestment: Hindustan Zinc sale mess proves NDA-2 failed to learn from NDA-I slip
Business

Divestment: Hindustan Zinc sale mess proves NDA-2 failed to learn from NDA-I slip

Fortunately, some roadblocks to future strategic sales or even piecemeal disinvestment are close to being removed

SC restrains Centre from offloading residual stake in Hindustan Zinc; asks govt to amend current law
Business

SC restrains Centre from offloading residual stake in Hindustan Zinc; asks govt to amend current law

Apex court questioned the government for showing "hurry" in selling its 29% of valuable shares in the company

Sensex back in 27,000-club as metals, oil shares aid rally for sixth straight session
Business

Sensex back in 27,000-club as metals, oil shares aid rally for sixth straight session

Market breadth ended on a positive note with 1,691 stocks advancing against 1,061 declines on BSE.

 Vedanta seeks to simplify, consolidate business structure
Business

Vedanta seeks to simplify, consolidate business structure

Anil Agarwal-led Vedanta recently hiked stake in its subsidiary Cairn India, oil and gas exploration firm, by nearly 5 percent.

Centre may not opt for stake sale in Hindustan Zinc, Balco this fiscal
Economy

Centre may not opt for stake sale in Hindustan Zinc, Balco this fiscal

The government currently holds 29.5 percent stake in HZL and 49 percent in Balco.

Vedanta big contender for govt's residual stake in HZL: Agarwal
Corporate

Vedanta big contender for govt's residual stake in HZL: Agarwal

Stating that Vedanta would bid for the government stake during public offer after the valuation and assessment is complete, Agarwal said: "We are a big contender... We will certainly bid for it."

Sensex ends at new high on rebound in metal, auto stocks
Money

Sensex ends at new high on rebound in metal, auto stocks

The S&P BSE 30-share barometer resumed lower in line with weak Asian cues and moved in a range of 26,481.97 and 26,314.89.

Modi's call for loos in schools: Hindustan Zinc says it will build 10,000 more in Rajasthan
Economy

Modi's call for loos in schools: Hindustan Zinc says it will build 10,000 more in Rajasthan

Hindustan Zinc has already constructed 9,000 toilets out of its planned 30,000 in Rajasthan villages in collaboration with the state government.

Disinvestment process progressing as per schedule: FM Jaitley
Economy

Disinvestment process progressing as per schedule: FM Jaitley

In the Budget, the government estimated to collect Rs. 43,425 crore from selling stake in PSUs and another Rs. 15,000 crore from sale of residual stake in erstwhile government companies.<br />