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
Vedanta is expected to undertake cash preservation measures such as reduced capital expenditure (capex) and limited dividend payout in fiscal 2021.
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
On 18 May, Agarwal-chaired board of directors of Vedanta Ltd approved its parent, VRL's open offer.
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
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
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.
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
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%
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 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
At 10.02, the indices erases all its early gains and slipped in to red with Nifty below 7,700-mark.
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
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.
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
The Supreme Court allowed Vedanta access to Nalco’s alumina if it fulfils certain conditions.
Vedanta is the Indian subsidiary of Vedanta Resources Plc, a London-listed company
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
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
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