Vedanta

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Vedanta - Total results - 388
Vedanta Group submits expression of interest in purchasing Government of India's stake in BPCL
Business

Vedanta Group submits expression of interest in purchasing Government of India's stake in BPCL

The Government of India is looking to sell its entire 52.98 percent stake in BPCL. The last date to put forward an expression of interest was 16 November

Crisil affirms AA-negative, A1-plus on Vedanta's debt instruments, bank facilities; operating profitability in FY21 likely to be lower
Business

Crisil affirms AA-negative, A1-plus on Vedanta's debt instruments, bank facilities; operating profitability in FY21 likely to be lower

Vedanta is expected to undertake cash preservation measures such as reduced capital expenditure (capex) and limited dividend payout in fiscal 2021.

Anil Agarwal-controlled Vedanta seeks shareholders nod for delisting; e-voting till 24 June
Business

Anil Agarwal-controlled Vedanta seeks shareholders nod for delisting; e-voting till 24 June

Billionaire Anil Agarwal-controlled Vedanta Ltd on Tuesday began the process of seeking shareholders nod for delisting the company

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's oil and gas head Ajay Dixit quits; company says his term comes to an end
Business

Vedanta's oil and gas head Ajay Dixit quits; company says his term comes to an end

Billionaire Anil Agarwal-led Vedanta Ltd' oil and gas division Cairn CEO Ajay Dixit has decided to hang up his boots at month-end after completing his contractual term, becoming the fifth chief executive to leave the firm since it was taken over by the mining baron more than eight years back

Vedanta stock erases most of early gains, closes over 1% higher due to profit-booking; share falls over 40% this year
Business

Vedanta stock erases most of early gains, closes over 1% higher due to profit-booking; share falls over 40% this year

At the offer price of Rs 87.5, Agarwal's Vedanta Resources will have to shell out Rs 16,218 crore to acquire all of the public shareholding.

Markets recover: Benchmark indices close day's session with minor losses; Vedanta, ITC, NTPC among top gainers
Business

Markets recover: Benchmark indices close day's session with minor losses; Vedanta, ITC, NTPC among top gainers

At close, the benchmark indices recovered sharply: Sensex was down 190.10 points or 0.60 percent at 31371.12, and the Nifty was down 42.65 points or 0.46 percent at 9196.55.

Coronavirus Outbreak: Vedanta spent Rs 151 cr on preventive healthcare, free meals
Business

Coronavirus Outbreak: Vedanta spent Rs 151 cr on preventive healthcare, free meals

Metals and mining giant Vedanta on Wednesday said it has spent Rs 151 crore so far to provide preventive healthcare to local communities and distributing free meals to daily wage workers. Having taken various precautionary measures to ensure the safety and well-being of its employees, Vedanta has reached out to over seven lakh community members to prevent the spread of the pandemic, the company said in a statement.

Markets buoyant at close: Sensex rallies 743 points, Nifty tops 9,150-mark; Reliance Jio's Rs 43,574 cr deal with Facebook boosts sentiment
Business

Markets buoyant at close: Sensex rallies 743 points, Nifty tops 9,150-mark; Reliance Jio's Rs 43,574 cr deal with Facebook boosts sentiment

ZEE, Reliance industries and Asian Paints remained top gainers while ONGC, Vedanta and BPCL were the top losers.

Stock Market Today Latest Updates: Market at 3-week high as Sensex soars over 1,200 points, Nifty above 9,100; M&M zooms nearly 17%
Business

Stock Market Today Latest Updates: Market at 3-week high as Sensex soars over 1,200 points, Nifty above 9,100; M&M zooms nearly 17%

Stock Market Today LIVE Updates: Bourses erase early gains; Sensex slips 250 points, Nifty below 9,000-mark; bank stocks in green

India's oil production in February dips 6.4% to 2.39 million tonnes on lower private sector output
Business

India's oil production in February dips 6.4% to 2.39 million tonnes on lower private sector output

India's oil production fell 6.4 percent in February as a decline in output from fields operated by private firms negated a rise in production from ONGC fields

Sensex jumps over 200 points, Nifty above 7600-level; Infosys, HUL stocks up 6%
Business

Sensex jumps over 200 points, Nifty above 7600-level; Infosys, HUL stocks up 6%

At 10.02, the indices erases all its early gains and slipped in to red with Nifty below 7,700-mark.

Kaveri delta: How Tamil Nadu's new protected special agricultural zone will impact livelihoods
long-reads

Kaveri delta: How Tamil Nadu's new protected special agricultural zone will impact livelihoods

Kaveri Urimai Meetpu Kuzhu (Kaveri Rights Retrieval Committee) coordinator P. Maniarasan says that he and hundreds of other farmers are sceptical not about the spirit of the bill but about its efficacy to address the emerging threats.

BPCL disinvestment: Vedanta chief Anil Agarwal says state-run company's valuation high, evaluating bid; oil PSU's m-cap at 92,920 cr
Business

BPCL disinvestment: Vedanta chief Anil Agarwal says state-run company's valuation high, evaluating bid; oil PSU's m-cap at 92,920 cr

The government plans to sell its entire 52.98 percent stake in BPCL that will give buyers ready access to 14% of India's oil refining capacity and about one-fifth of the fuel market share in the world's fastest-growing energy market.

Light at end of tunnel, Indian economy will bounce back, says Vedanta Group chief Anil Agarwal
Business

Light at end of tunnel, Indian economy will bounce back, says Vedanta Group chief Anil Agarwal

Indian economy will soon bounce back from its worst showing in 11 years as a steep cut in taxes will help attract investments and the massive infrastructure spending revives economic activity, mining baron Anil Agarwal said

Vedanta gets access to NALCO's alumina, govt demands higher dividend from oil PSUs; all this and more on Moneycontrol Pro
Business

Vedanta gets access to NALCO's alumina, govt demands higher dividend from oil PSUs; all this and more on Moneycontrol Pro

The Supreme Court allowed Vedanta access to Nalco’s alumina if it fulfils certain conditions.

Vedanta to raise up to Rs 2,000 cr through NCDs; to hold meeting on 8 January
Business

Vedanta to raise up to Rs 2,000 cr through NCDs; to hold meeting on 8 January

Vedanta is the Indian subsidiary of Vedanta Resources Plc, a London-listed company

Several coal-fired plants around New Delhi running despite missing emissions compliance deadline
Business

Several coal-fired plants around New Delhi running despite missing emissions compliance deadline

More than half of the country's coal-fired power plants and 94 percent of the coal-fired units ordered to retrofit equipment to curb air pollution would likely miss the phased deadlines

Sensex drops over 150 points, Nifty above 12,200-mark in opening trade; Bharti Airtel, RIL among top losers
Business

Sensex drops over 150 points, Nifty above 12,200-mark in opening trade; Bharti Airtel, RIL among top losers

Titan was the top gainer in the Sensex pack, rising up to 2 percent after its inclusion in the index. Kotak Bank, Tata Steel, UltraTech Cement, ONGC, HUL and TCS were also trading in the green.

If govt reduces its stake in PSU firms to 50%, they will work more efficiently: Vedanta chief Anil Agarwal
Business

If govt reduces its stake in PSU firms to 50%, they will work more efficiently: Vedanta chief Anil Agarwal

Vedanta Resources Chairman Anil Agarwal on Monday said if the government reduces its stake in public sector companies and banks to 50 percent, they will work more efficiently