Vedanta Resources


Promoters Of The Group Can't Dispose Of Vedanta Shares, Says Lender

Banking - Published date: .

Vedanta stake was pledged from 2020 onwards by the group's promoter Anil Agarwal to raise funds Read more

Anil Agarwal's Vedanta Pledges Nearly All Its HZL Stake To Raise Funds

Banking - Published date: .

Fresh loan of $850 million raised from JPMorgan Chase, Oaktree Read more

Anil Agarwal's Vedanta Raises About $850 Million Via JPMorgan, Oaktree Loan

Banking - Published date: .

Investors have been closely watching Vedanta's debt load as rising interest rates worldwide intensify pressure on low-ra... Read more

Vedanta Q4FY23 Net Profit Falls 67.6%

World - Published date: .

The company booked an exceptional loss of ₹1,336 crore mostly on account of impairment in the oil and gas business an... Read more

Vedanta Resources Repays $800 Million Loans To Standard Chartered

Banking - Published date: .

The company had paid all loans and bonds due last month, cutting its gross debt to $6.8 billion, it said in a statement ... Read more

Vedanta's Anil Agarwal Presses On With Plan To Raise Oil, Zinc Output

Banking - Published date: .

Mining mogul Anil Agarwal is pushing ahead with an aggressive plan to raise oil and gas production, expand output of met... Read more

SCI Sale: Govt May Invite Bids From Four Companies

World - Published date: .

As part of its strategic disinvestment plan, the government will transfer its entire shareholding of 63.75% in SCI, alon... Read more

Stay Away From Expensive M&As: Lenders To Anil Agarwal's Vedanta

Banking - Published date: .

Group cannot take recourse to VRL, Vedanta's books to bid for BPCL Read more

Sterlite Copper Gets SC Go-ahead For Thoothukudi Plant Maintenance

Banking - Published date: .

The permission was to the Anil Agarwal-led Vedanta firm on the basis of the High-Powered Expert Committee report and the... Read more

Vedanta Arm Zinc International In Talks With Global Banks For $1.25 Billion

Banking - Published date: .

Zinc International loan would require guarantee from Anil Agarwal-promoted group's India-listed firm Read more

Moody's Lowers Vedanta Resources' Rating, Flags Rising Refinancing Risks

Banking - Published date: .

Rating agency maintains negative outlook on firm Read more

Moody's Downgrades Vedanta Resources' Ratings Over Refinancing Risks

World - Published date: .

Moody's said delays in refinancing efforts and continued reliance on dividend receipts are reducing liquidity at VRL's o... Read more

Will Be Able To Raise The Targeted $2 Billion, Says Vedanta Resources

Banking - Published date: .

Will be able to raise targeted $2 bn, says company Read more

Vedanta Resources' Liquidity Depends On $2 Bn Fundraising: S&P Report

Banking - Published date: .

Sustaining after September 2023 would depend on completing one of two key transactions Read more

Govt Planning To Oppose Hindustan Zinc's Proposal To Buy Vedanta Assets

Banking - Published date: .

The plan was pushed through even after government officials refused to approve it, they said, adding the government is t... Read more

Anil Agarwal-led Vedanta Group Gets Shareholder Nod To Rejig Capital

Banking - Published date: .

The development acquires significance since Vedanta's holding company, Vedanta Resources, will receive nearly 70 per cen... Read more

Detect Technologies Announces Agreement With Vedanta To Deploy T-Pulse

Banking - Published date: .

Detect Technologies announces a global agreement with Vedanta for deployment of T-Pulse, their internationally deployed ... Read more

Vedanta To Pay Out Rs 7,250 Cr On Second Interim Dividend At Rs 19.5/share

Banking - Published date: .

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 Read more

Vedanta Declares Dividend Of Rs 19.5 Per Share In Boost To London Parent

Banking - Published date: .

The hefty dividend comes even as the firm plans to ramp up capital investment to as much $2 billion in the year ending M... Read more

Vedanta Resources Urges Zambia To Halt Search For New KCM Investor

Banking - Published date: .

Zambia's previous government put KCM in the hands of a liquidator in May 2019, triggering the ongoing legal dispute with... Read more