Hindustan Zinc News
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 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
Vedanta's delisting is also expected to support an accelerated debt reduction program in the medium-term.
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
The concept of disinvestment follows the dictum: The government has no business to be in business
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
Vedanta has sought a permanent injunction against the state government from interfering with the operations of its copper smelter
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
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
Of Rs 27,157 crore, Rs 11,259 crore will go to the government, the company said.
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
Apex court questioned the government for showing "hurry" in selling its 29% of valuable shares in the company
Market breadth ended on a positive note with 1,691 stocks advancing against 1,061 declines on BSE.
Anil Agarwal-led Vedanta recently hiked stake in its subsidiary Cairn India, oil and gas exploration firm, by nearly 5 percent.
The government currently holds 29.5 percent stake in HZL and 49 percent in Balco.
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."
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.
Hindustan Zinc has already constructed 9,000 toilets out of its planned 30,000 in Rajasthan villages in collaboration with the state government.
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 />